Ah, Coinbase. After enduring the slings and arrows of disgruntled users, weeping over transactions slower than a snail in molasses, they’ve deigned to tinker with their Solana infrastructure. One wonders, will it actually make a difference, or is it merely a palliative for a deeper ailment? 🤔
Coinbase, in its infinite wisdom, seeks to mend the woes that have plagued its users this year. On that fateful Thursday, April 17, they proclaimed significant upgrades to their Solana contraption. These improvements, mind you, apply to Solana (SOL) transfers on both the grand Coinbase centralized exchange and that humble Coinbase Wallet. One can only hope it isn’t too little, too late. 🙄
We’ve been hard at work scaling our @Solana infrastructure to be faster, more resilient, and more scalable.
We have upgraded our systems to:
→ Process transactions asynchronously, leading to a 5x improvement in block processing throughput.
→ Leverage bare metal machines for 4x…— Coinbase Platform (@CoinbasePltfrm) April 17, 2025
For starters, the Coinbase Exchange, in a feat of modern engineering, can now process transactions asynchronously. Imagine, handling multiple transaction blocks simultaneously! Like a juggler with too many balls, one hopes they don’t drop them all. Furthermore, they’ve implemented bare-metal machine deployment, their infrastructure now strutting on dedicated hardware instead of relying on those ephemeral cloud services. Such dedication! 👏
Dedicated hardware, they say, has yielded significant improvements in latency and network stability. Coinbase boasts a fourfold improvement in remote procedure call performance. This, of course, refers to the chattering of applications to the blockchain network, Solana in this instance. One trusts these improvements aren’t merely the stuff of dreams. 😴
Coinbase faces backlash over Solana performance
This grand announcement arrives after a January filled with technical issues, a period CEO Brian Armstrong himself acknowledged with a weary sigh. Users, in droves, lamented slow transaction speeds, some claiming delays of multiple hours. The horror! 😱
Wow Coinbase actually are you kidding me right now? Solana is fully up and you can’t do a simple transfer without a one hour delay?” one user wrote in January.
Solana, that paragon of speed among blockchains, usually completes transactions in mere seconds. While the network has occasionally hiccupped, there were no such hiccups when Coinbase users were gnashing their teeth. A curious conundrum, indeed. 🤔
This isn’t Coinbase’s first dance with technical mishaps. February 2024 saw a major outage prompted by a surge in volume after Bitcoin reached $64,000. A month later, another technical issue arose, coinciding with Solana’s price surge. One begins to suspect a pattern, a tragicomedy of errors. 😂
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2025-04-17 22:29