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Kraken Goes Down for 40 Hours, Drawing Mt. Gox Comparisons
- verroq 9y agoPretty irresponsible to completely brick production servers when doing an upgrade. https://status.kraken.com https://status.kraken.com Sounds like their staff has being going without sleep for a few days now.
- Shank 9y ago> Sounds like their staff has being going without sleep for a few days now. Given that sleep deprivation has effects similar to being blackout drunk, I'd consider that equally irresponsible[0]. [0]: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1739867/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1739867/
- switch007 9y agoI've lost count the number of times "watched the sunrise" was the climax of an IT war story. Bonus points for two nights in a row ! :D
- sambull 9y agoWorked for a IT managed services place that made staff pull 24+ hrs non stop regularly. I walked away from that career and spent years recovering from a 38 hr shift where I was begging my managers to get me relief. "Your the only guy that knows this well enough" is a sign you work for a failing organization pinning that shit on you. I learned that the "business" and sales dudes absolutely will trade your health/lively hood for a few extra bucks on commission.
- tzakrajs 9y agoI can't help but feel less stressed about my own job after reading this status page.
- bufferoverflow 9y agoIt's not an upgrade, it's a bugfix. Probably an important bug, they don't want to risk tens/hundreds of millions of dollars.
- verroq 9y agoThey could have left the legacy system running before switching irreversibly to the new bugged system. That way they can rollback the change.
- evgen 9y agoUnless the bug being fixed was some sort of critical security failure that enabled people to game the exchange or manipulate balances. I am guessing this is more of a screw-up by amateurs than a 'take it all down until this hole is patched' situation, but there is a slim possibility that keeping it up was a bigger risk than the reputation hit of extended downtime.
- hrpnk 9y agoLooks like these are announced improvements to the Exchange engine. Really look forward to a post-mortem on this issue. Curious if they had issues with database migrations or such, that required recovery from backup in case of errors. Plus, for sure there were bugs in the code itself.
- bufferoverflow 9y agoNo, they couldn't. It's a large trading platform. Any serious bug can lead to the theft of tens of millions of dollars worth of cryptocurrencies.
- frik 9y agoAs someone wrote It took three days of downtime for MtGox to admit that bitcoins were missing. @krakenfx is on day 2. I'm hoping the same thing isn't happening at Kraken, but not confident. Not so nice they tried to hide the news on HN twice by flagging them: https://news.ycombinator.com/item?id=16131750 https://news.ycombinator.com/item?id=16131750 and https://news.ycombinator.com/item?id=16127180 https://news.ycombinator.com/item?id=16127180 (both hidden after a short time)
- hal9000xp 9y agoLatest Kraken update says that: > We are still working to track down an elusive bug which is holding up launch. This bug did not appear in our many weeks of testing and only emerged in the production environment. Unfortunately, it is not consistently reproducible and we cannot launch until this issue is resolved. Sounds pretty realistic to me. During my 8+ years of programming, I had a lot of pain and sleepless nights trying to catch elusive bugs which can be reproduced only in production servers and only sometimes. Many times, my clueless managers got nervous and demanded estimated time from me. Unfortunately, it's impossible to give realistic estimations. It could take hours, days or weeks. Also, searching for such bugs doesn't scale well. It means if you have 5 devs looking for elusive bug, it doesn't mean they will find a bug 5 times faster.
- koonsolo 9y agoI even had clueless managers who demanded I explained the technically complex problem to them, because "maybe our insights could shed new light on the problem". They just don't get that best thing to do is leave us alone and let us do our job. They are just nervous because they are totally powerless in such situation. In a factory, a manager might be smarter than the one doing manual labour. In tech, it's the other way around.
- setr 9y agoIf you assume potential malice (ie a lazy dev just not handling the bug at all) then a manager is required to ask about the bug, if only to try to verify that you've put real effort into the problem (based on say, confidence in whatever you spew). The worst possible scenario is that five months later, it turns out no one actually looked into properly: they just claimed to.
- koonsolo 9y agoIn that case, the manager should have fired that dev a long time ago. Best managers I worked for had trust in their developers, and asked for estimates on planning (not bugs). The worst managers didn't trust us, and pushed their own planning on us because they thought it would make us work faster. They thought planning can be negotiated. I can tell you which projects were within 7% of the deadline, with good quality. And which ones we were always putting out fires, and some never finished.
- hrpnk 9y agoThey're back with free trading until end of January: https://blog.kraken.com/post/1449/kraken-returns-with-free-trading/ https://blog.kraken.com/post/1449/kraken-returns-with-free-t...
- jnordwick 9y agoDown again. Amateur hour. Lol.
- Bombthecat 9y agoStill no withdraw..
- azzhohle 9y agoKraken is notoriously slow, unresponsive and buggy exchange and frankly I dont know why they get away with it. For months or year(s) you often run into site unavailable errors (load balancing issues?). Or if you are lucky to get to the trading screen you are unable to get trades through because of engine issues (capacity issues again?). Sometimes all you see is an empty red background rectangle where the error text should be indicating no dice but then minutes/hours later you might get one or more of the positions you tried to open despite only having gotten (ambiguous) errors. Let's hope they finally fixed their engine and purchased more capacity.
- valdiorn 9y agoUpgrade a 750 million dollar a day trading system with no rollback strategy. Amateur hour, and if this were a "real" exchange, they'd lose their licence and have lawsuits and government agents knocking down their door (real-money MTFs have strict uptime and infrastructure requirements for anyone who didn't know)
- arisAlexis 9y agoeverything is up and trading is free for the rest of the month. </drama>
- Turbots 9y agoBut nobody can withdraw their cash or transfer to other exchanges... They are literally holding their customers hostage. I just want out of this hellhole of a website, but they won't let me. Criminal!
- lowlevel 9y agoThey say the next big thing is here, that the revolution's near, but to me it seems quite clear that it's all just a little bit of history repeating
- rootsudo 9y agoIT sounds like this week is going to be profitable on Kraken if you trust their status reports.
- hndamien 9y agoI tend to trust them for security because they are handling the Gox bankruptcy. For uptime... not so much.