Binance releases "Transaction Failure Report" to disclose technical failure details and solutions

Binance CEO Changpeng Zhao released the “Transaction Failure Report”. The report states that in the past few days, Binance has encountered two main issues:

1. The user interface intermittently displays "too many requests", "5xx internal failure" and API timeout errors. This issue is currently a priority and is planned to be fully resolved in the next few days.

2. Market data / order / balance update is delayed. We temporarily solved this problem by restarting the kafka cluster. The medium-term solution is to offload data to different Kafka clusters for processing according to type. This solution is expected to increase throughput performance by about 10 times, and this solution will be launched this week; long-term solutions to further improve performance are also in the pipeline.