Coinbase Migrates Tezos Bakery From US to Ireland With 60 Seconds of Downtime

Coinbase Migrates Tezos Baker From US to Ireland With threescore Seconds of Downtime

Coinbase Custody successfully migrated its Tezos Bakery — the largest validator on Tezos' network — from the U.s. to Ireland while incurring just one minute of reanimation.

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Coinbase Migrates Tezos Bakery From US to Ireland With 60 Seconds of Downtime

Coinbase reports that information technology migrated its Tezos (XTZ) staking bakery from the U.s. to Ireland while incurring just i minute of downtime on March 31.

Since launching its staking service for XTZ in 2022, the exchange has come to operate the largest validator in the Tezos network.

Regulatory needs of Tezos ETP provider sparks Coinbase bakery migration

The Irish migration of Coinbase Custody'due south Tezos Bakery was necessitated past the regulatory needs of Swiss digital asset product provider Amun.

In 2022, Amun launched the first Tezos-based exchange-traded product on the SIX Swiss Exchange. Coinbase provides both custody and blistering services to Amun. Changes to Amun's regulatory framework reportedly required that their staking activities occur within the European union.

Balancing security against downtime

Coinbase states that it initially identified ii strategies for migrating staking to Ireland.

The first was to end its validator in the US before deploying the Irish validator — which, despite requiring approximately i hour in downtime, would go on security risks minimal.

The second option considered would take seen Coinbase brainstorm its Irish validator before ceasing the procedure in the US — opening the exercise to significant security risks should both validators operate simultaneously.

Coinbase decouples the validator'due south endorser

In the stop, however, the exchange determined that the best course of action was to decouple the validator's endorser from its node to "perform an almost downtime-free migration." The business firm explained:

"A Tezos validator has two chief components: the baker, which produces new blocks that include transactions in the digital ledger, and the endorser, which votes on blocks that other validators produce [...] Large Tezos validators typically only produce or bake new blocks every few minutes or hours, but they need to vote or endorse almost every infinitesimal."

After successfully decoupling and migrating the endorser during a single minute of downtown, Coinbase found that it was voting or endorsing blocks from Republic of ireland while producing new blocks in the United states.

Coinbase later on found a two-hour window suited to migrating the baker — completing the migration.