Several users have reported that the US Federal Reserve Bank’s real-time settlement system has gone offline for a brief period of time. This prevented banks from completing a number of transactions, further highlighting the issues of centralized systems. Bitcoin’s uptime, on the other hand, remains 99.98% since inception. Federal Reserve: Fedwire Goes Down According to several users on different social media, Fedwire, the real-time gross settlement system, owned and operated by the 12 Federal ReserveRead MoreThe post Federal Reserve System Briefly Goes Down as Bitcoin Boasts 99.98% Uptime appeared first on Bitcoinist.com.
