The CEO Washington Sanchez has given up on the hope for bitcoins scaling abilities in the near future. He is now looking to grow the exchange and start offering a number of new cryptos to their repertoire.
Sanchez did not mince words in a Twitter rant on the current state of bitcoin, saying
I personally wasted so much time in the bitcoin scaling civil war that I could have used designing [and] building dapps (decentralized applications) and opening up OpenBazaar to multiple currencies. Instead, we had to wait for fees in bitcoin to cripple any consumer usage before we woke up.