Poloniex STEEM/SBD wallet is back on line!

Poloniex is a major Concurrency Exchange. It has been almost 6 months that Poloniex wallet has been down and most everyone had given up on the possibility that they will ever get the wallet back on line. I have come to learn that exchanges run a STEEM node to make STEEM or SBD transactions. When this node goes down, then Deposits and Withdrawals stop functioning. I was late to learn that Poloniex STEEM/SBD wallet is back up. Both Deposits and Withdrawals have been working for a day now. You can take a look at the Poloniex wallet history here: https://steemit.com/@poloniex/transfers

This is great news for the future of STEEM. How and why Poloniex suddenly got the wallet working is still a mystery.

I hope this trend continues as Binance and HitBTC have the same issue with STEEM wallets.

I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

For a breakdown of Steemit Keys:

https://steemit.com/life/@socky/do-you-understand-your-steemit-key

For a breakdown of why Steem Power is Important:

https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read