Coinbase: Seamless MongoDB to PostgreSQL Migration

[chews]

Coinbase ran mongodb for financial math .

[erentz]

A strange choice that possibly explains so many of the stories of peoples lost balances over the years. Even recently (in the past two weeks) Coinbase is still having periodic outages where they cannot process orders and where orders get executed silently and fail to show up in the balances and failures to be able to withdraw funds. While of course their status page shows no outages (or in this recent one blames Amazon connectivity for your orders executing in the background and withdrawal page spewing errors). Several years on you’d think they’d have fixed this.

[mifreewil]

9+ yrs in FinTech and crypto here. Yes, MongoDB was super popular back around 2011. Please just use PostgreSQL if you’re a FinTech founder.

[shettyh]

Article is no longer available