How does REST differ from WebSocket in terms of scalability for cryptocurrency exchanges?

Can you explain the differences between REST and WebSocket in terms of scalability for cryptocurrency exchanges? How do these two protocols affect the performance and scalability of exchanges? Which one is more suitable for handling large volumes of real-time data in the cryptocurrency market?

1 answers
- When it comes to scalability for cryptocurrency exchanges, REST and WebSocket have their own advantages and limitations. REST is a widely adopted protocol that allows easy integration and scalability. It uses HTTP requests to communicate with the server, which makes it compatible with existing infrastructure and tools. REST is suitable for handling large volumes of data in a scalable manner by leveraging load balancing and caching techniques. On the other hand, WebSocket provides real-time bidirectional communication between the client and the server. It is more suitable for applications that require instant updates and real-time interaction, such as live trading and market data streaming. However, WebSocket requires a persistent connection, which can be resource-intensive and may limit scalability. In conclusion, REST is more suitable for scalability in terms of handling large volumes of data, while WebSocket is more suitable for real-time applications that require instant updates and interaction.
Mar 12, 2022 · 3 years ago
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