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Coinbase Cloud

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21–30 of 176 posts

Re: Coinbase Cloud

#21
post #2

99% uptime guarantee is embarrassingly low.

They were probably faced with decision: Release now and improve over time, or don't release now. We don't live in the time of option B. Option B is the path of ruin.

Re: Coinbase Cloud

#23

The audacity of announcing a cloud on the same day a major breach is made public lmao

Then don’t use it haha. There’s always so many HN users talking up these so-called breaches and acting like they matter when they probably have a grand total combined spend authority of $100 for snacks at the weekly happy hour.

Re: Coinbase Cloud

#25

Isn't it ironic to use a REST API to send BTC vs say using what any cryptocurrency is intended for? To use their native APIs to transfer value. The aim of decentralization is to eliminate that third party but this puts it back. We've come full circle.

Haven't used it directly in forever but bitcoind had a rest API early on.

Re: Coinbase Cloud

#26

The audacity of announcing a cloud on the same day a major breach is made public lmao

Then don’t use it haha. There’s always so many HN users talking up these so-called breaches and acting like they matter when they probably have a grand total combined spend authority of $100 for snacks at the weekly happy hour.

I was a pre-sale investor in Ethereum, have been in Bitcoin since it was Next up, Coinbase NFT verification services (Sotheby's of the future!). My sides are sore.

Re: Coinbase Cloud

#27

Isn't it ironic to use a REST API to send BTC vs say using what any cryptocurrency is intended for? To use their native APIs to transfer value. The aim of decentralization is to eliminate that third party but this puts it back. We've come full circle.

The Bitcoin network supports a theoretical maximum of 7 transactions per second, so they’re probably eager to do it some other way.

Re: Coinbase Cloud

#29
post #10

Looks interesting. Or at least one step closer to improving access to tooling. I can totally see coin base becoming the de facto platform for this sort of stuff. Not ideal centralisation wise but oh well

Fleek is basically Vercel or Heroku, but for Web3. For those with more at stake, it's probably better to go with a big player like Coinbase.

Unrelated, but nothing reminds me I'm getting old more than an entire sentence of words I don't understand.

Re: Coinbase Cloud

#30
post #2

99% uptime guarantee is embarrassingly low.

That's nearly 4 days out of service a year with no recourse. This should be unacceptable for any financial service.

_Should_ be, yeah. Australian banks are this bad and worse.
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