Coinbase Leverages AI for Scalability

Coinbase has developed and launched a machine learning model that predicts traffic surges and automatically scales databases to prevent downtime and enhance platform performance. The exchange announced this in a blog post.

The company noted that user activity can spike suddenly and rapidly. While the exchange can scale and add resources, this is not an instantaneous process, prompting the development of an automatic machine learning-based system to forecast traffic increases.

“This solution served us well during recent market volatility when traffic levels rose significantly above normal,” the blog states.

The exchange’s model analyzes cryptocurrency pricing charts to predict future traffic. This will allow for optimized infrastructure costs and ensure platform reliability during unpredictable crypto market movements, the company noted.

Previously, the platform has faced technical issues. On May 13, it experienced a system-wide outage.

In February, the exchange experienced delays, and user balances periodically showed as zero amid a “tremendous” influx of users.

In August, Binance announced the use of AI to combat the theft of user funds.