Coinbase, the largest cryptocurrency company in the United States, is developing a new, more productive infrastructure for matching trade requests, reports The Block .
Coinbase Markets product manager Paul Bauerschmidt noted that the transition to a new infrastructure is planned later this year. According to one source, this may happen as early as June.
In a conversation with the publication Bauershmidt said that the company is preparing for the "next super-rally"
“This is a transition from web technology to engines with really low latency. This mega-transition will significantly change the mechanism of interaction with cryptoactive assets, ” he added.
However, according to Bauershmidt, Coinbase’s current trading infrastructure is much safer than it was 18 months ago when it first joined the company. In those days, there was a real “bitcoin-mania”, against which the company often faced technical difficulties due to too much traffic.
“We held meetings with the team on Mondays ,” recalls Bauerschmidt, drawing parallels with the present. “ At the end of 2017, when there was an energetic movement, we all suddenly realized the need to rethink approaches to the problem.”
Recall that in early January, Bitfinex Exchange completed the transition to new servers , increasing the performance of the platform by half.
Also earlier, BlockchainJournal reported that the Bitstamp exchange announced the introduction of the TRADExpress trading system , which is able to increase the capacity and capabilities of the platform, especially during periods of high volatility.
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