Coinbase hopes AI will reduce frequency of exchange’s outages

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The post Coinbase hopes AI will reduce frequency of exchange’s outages appeared first on CoinGeek.

Coinbase is notorious for going offline for extended periods whenever the volatile ‘crypto’ market experiences sudden surges or equally abrupt nosedives in the fiat value of major tokens.

Splitting the difference, Coinbase designed its system to scale 2x its current level at the sign of a spike, but “de-escalate” if the predicted level fails to exceed the scale target for six hours.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaHong KongMali

Topics: Stablecoins Brian Armstrong WBTC Crypto Crime Cartel AI USDC Lightning Network Ethereum BiT Global CbBTC Circle BitGo Business Tron Base Justin sun BTC Artificial intelligence Decentralized finance DeFi Coinbase

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 11:00:32 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1627 words

Reading Time: 10 minutes read

Sentences: 84 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22297200

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