Since Robinhood’s development in 2013, the application has been a go-to space for a large population of small, individual retail investors. Robinhood was initially an application where people could buy and trade stocks but as the cryptocurrency trend grew, Robinhood started allowing users to buy and trade cryptocurrency. Since implementing their crypto-exchange program, Robinhood has crashed numerous times. In fact, in March of 2021, the application crashed 3 different times within a week.

“I cannot imagine the frustration the users of Robinhood are feeling right now. This is unacceptable” -Entrepreneur and CEO of ArrowInc. Messiah G. Willis

Robinhood is used by over 13 million people. Due to the massive boom within the crypto-exchange community since 2017, roughly 9.5 million users on Robinhood have started using the app to trade cryptocurrency. While those numbers are impressive, it means a large population of traders are negatively impacted when the application crashes. The primary cause of the application crashing has to do with the capability of their servers. Since over 73% of the traders on Robinhood exchange cryptocurrency, when any major disruption in digital currency occurs, the app becomes inundated with activity. An abundance of activity on the application puts the site at risk of crashing. This is exactly what happened earlier this week when the price of Dogecoin spiked. Traders everywhere were racing to sell off and trade their Dogecoin in order to reap the financial reward of digital currency. Unfortunately, for many traders on Robinhood, they were unable to do so. The application crashed shortly after the spike in Dogecoin prices and the crash was not resolved until hours later, leaving many users frustrated and angry.

An application that puts money at stake for 13 million individuals, should not crash. The developers of Robinhood know how many people rely on their application for trading stock and cryptocurrency, therefore, they should know how to prevent a crash from occurring. Robinhood was not initially used as a crypto-exchange application. The developers of Robinhood created the app to help small investors buy and sell conventional stocks. Because the application’s servers are only equipped to handle a large fraction of all the trading that occurs on the site, it will continue crashing unless something changes.

At this moment in time there are numerous other crypto-trading applications, but soon a game changer will enter the cryptocurrency market. Arrowchain is a new crypto-wallet that was developed by the company’s founder and CEO, Messiah G. Willis. Arrowchain allows its users to buy and trade cryptocurrency, like a crypto-exchange, but on a more secure wallet platform. “Users of Arrowchain will get all of the benefits of a crypto-exchange without the risk associated with leaving ones assets in an exchange.” -Messiah G. Willis.

Another unique component to Arrowchain revolves around how the application gamifies the process of exchanging crypto. The gamification process keeps users engaged and excited to learn more about how cryptocurrency works. Users of Arrowchain are ranked by their success on the platform and provided the opportunity to communicate with one another through the application. Arrowchain users will also be rewarded for their participation and accomplishments on the app. Arrowchain will stay committed to the same mission as Arrow Bank, the sister company of Arrowchain, and invest resources in social and environmental initiatives. Arrowchain is coming to shake up the crypto-trading market in the best way and, unlike Robinhood, the application will be fully equipped to handle large amounts of traffic on the site. Users will never have to worry about Arrowchain crashing.

Everyone should stay up-to-date with the development process of Arrowchain. Eventually, Arrowchain will be the largest space to trade, buy and store digital assets. Download Arrowchain and never miss out on the newest boom in cryptocurrency again.

To stay up-to-date on the journey of Arrowchain’s founder, Messiah G. Willis click here.

To stay up-to-date on Arrowchain and join the waitlist to get the application click here.

To check out Arrowchain’s Sister company, Arrow Bank, click here.

Written by: Anamarie Tegeler