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Thursday, 28 April 2016

How Coinbase Builds Secure Infrastructure To Store Bitcoin In The Cloud

http://ift.tt/1rlw8QL

Or how to build paranoid infrastructure on top of AWS

How Coinbase Builds Secure Infrastructure To Store Bitcoin In The Cloud

Three and a half years ago, Coinbase launched using a simple hosting platform: Heroku.

It was the right solution at the time. With just two technical founders building the product (neither with any serious dev-ops experience) we knew that Heroku would be more battle tested than any solution we could hack together on our own.

But we also knew this wouldn’t work forever. Early in our company’s history, we started to contemplate the next version of our infrastructure that we would run inside AWS. It had to be built from the ground up with security in mind (the most common ways that bitcoin companies die is due to theft and hacking) but we didn’t want to compromise on engineering happiness and productivity.

After about a year, we finally completed the transition and we’ve been running inside AWS for quite some time now. This post outlines some of what we learned during the transition. It can be used as a starting point to design paranoid and useful infrastructure in the cloud.

Today, Coinbase securely stores about 10% of all bitcoin in circulation.

Read the rest of this post on Medium...



via The Coinbase Blog http://ift.tt/1qYLzhi

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