Changpeng Zhao, the co-founder and CEO of major crypto exchange Binance, did not appreciate the public help offer of the CEO of competing commutation OKEx, Jay Hao in response to Binance's new halt on trading.

On Mar. 4, Binance announced that it has initiated unscheduled system maintenance. The work on the exchange's infrastructure was completed by printing time.

As a result of the maintenance, Binance "suspended deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well equally nugget transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets." Futures trading, on the other hand, continued equally usual.

OKEX CEO: Need help?

A tweet sent by Binance CEO Changpeng Zhao explained that the sudden need for maintenance was caused by a message broker malfunction. Jay Hao, CEO of competing crypto exchange OKEx, answered to the tweet:

"Hey CZ, technically Kafka is a message queue system for log, information technology'southward not enough for trading system thus the broker problem will e'er occur. Demand help?"

Apache Kafka, the software that Hao seemingly referred to, is a software meant to provide high throughput and depression latency in handling existent-fourth dimension data feeds. Still, he suggests that the software utilize by Binance is not a suitable pick for existent-fourth dimension trading systems. Hao told Cointelegraph that from his firm's feel "Kafka is not a technology for high frequency trading systems."

According to Hao's tweet, the exchange'southward design will result in repeated failures. Apache did not answer Cointelegraph'south request for clarification on whether Binance's use of Kafka is right or not by printing time. Zhao did not answer Hao'due south help offer and — according to a subsequent tweet past the OKEx CEO — blocked him on Twitter. He said:

"Seems my help has been turned down correct away. I thought [Changpeng Zhao] believes blockchain customs is open and complimentary. My mistake."

Even so, Hao told Cointelegraph that if Binance is willing to unveil the details of the issue to OKEx, and then they would exist more than happy to share their experience with them.

The latest among many issues at Binance

Binance users had to endure a slew of performance problems on the trading platform over the past few weeks. In fact, on Feb. 19 the exchange halted trading for about half a 24-hour interval to undergo unscheduled maintenance.

The unscheduled maintenance service breaks were not the but outcome on the platform. In Feb, Binance users had to suffer interface errors and trading API timeouts because of the middle-layer service being overloaded. Furthermore, some exchange's customers were unable to have their orders carried out too ofttimes retried right away, resulting in overloading Binance's infrastructure even further.