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Whatsapp famously had ~450 million users when they were acquired by Facebook. I assume that the average user sent quite a few texts, some pictures, occasional video... they also supported voice calls... I don't know how much computing power is actually needed when you're just buying BTC. When I used Coinbase recently to take a small BTC position, I only made maybe 4 transactions in total. Is this really a lot to hand…
I don't have any experience in this area, but I imagine that fintech is a bit different than messaging. It's not the amount of data, but the nature of the data. I'd imagine you can't use scaling tricks like eventual consistency or simple sharding here. Traders are going to be pissed if their most up to date information from the exchange is a second behind what they can see. It's already at the point where they have a…
Re: Coinbase down for maintenance
#251Thanks, I'm not in finance but it seems obvious in retrospect that not being able to rely on things being eventually consistent is a bottle neck. Before thinking about this, the number of users that people threw around when talking about BTC exchanges seemed very small.