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EP 39: Accounting 101 in Fee Techniques

by Startupnews Writer
December 31, 2022
in Software Architecture
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EP 39: Accounting 101 in Fee Techniques
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This week’s system design refresher:

  • Cloud Native

  • Accounting 101 in Funds

  • Evolution of Uber’s API Layer

  • Brief/Lengthy Polling, SSE, Websocket

  • 17 Equations That Modified the World

Under is a diagram exhibiting the evolution of structure and processes because the Eighties.

Organizations can construct and run scalable functions on public, personal, and hybrid clouds utilizing cloud native applied sciences.

This implies the functions are designed to leverage cloud options, so they’re resilient to load and straightforward to scale.

Cloud native consists of 4 elements:

  1. Growth course of
    This has progressed from waterfall to agile to DevOps.

  2. Software Structure
    The structure has gone from monolithic to microservices. Every service is designed to be small, and adaptive to the restricted assets in cloud containers.

  3. Deployment & packaging
    The functions was once deployed on bodily servers. Then round 2000, the functions that weren’t delicate to latency had been often deployed on digital servers. With cloud native functions, they’re packaged into docker photos and deployed in containers.

  4. Software infrastructure
    The functions are massively deployed on cloud infrastructure as a substitute of self-hosted servers.

👉 Over to you: what comes into your thoughts when folks discuss “cloud native”?

Why is a bank card known as a “credit score” card?
Why is a debit card known as a “debit” card?
 
An instance of a debit card fee is proven within the diagram beneath.

No alternative text description for this image

  • Every transaction within the enterprise system is remodeled into not less than two journal traces within the ledger system. That is known as double-entry accounting, the place each transaction should have a supply account and a goal account.

  • Every journal line is booked to an account. 

  • Every account belongs to one of many three parts within the steadiness sheet:
     
            💡Asset = Legal responsibility + Fairness

Let’s have a look at the issuing financial institution’s ledger for example:
 
Bob pays $100 to the service provider with a debit card. Now we have two accounts concerned on this transaction:

  1. Journal line 1 – From the issuing financial institution’s viewpoint, Bob’s checking account is a legal responsibility (as a result of the financial institution owes Bob cash). Bob’s checking account is deducted $100. 
    This can be a debit document.

  2. Journal line 2 – Financial institution’s money is an asset and the financial institution’s money is deducted by $100.
    This can be a credit score document.

The steadiness sheet equation nonetheless balances with the 2 journal traces recorded within the ledger.
 
Bob’s card known as a “debit” card as a result of it’s a debit document when paying with a debit card. 
 
👉 Why is that this essential? 
That is how a ledger system is designed, solely an actual ledger is extra sophisticated. 
Making use of these strict accounting guidelines makes reconciliation a lot simpler!

Uber’s API gateway went by way of 3 essential levels.

First gen: the natural evolution. Uber’s structure in 2014 would have two key providers: dispatch and API. A dispatch service connects a rider with a driver, whereas an API service shops the long-term knowledge of customers and journeys.

Second gen: the all-encompassing gateway. Uber adopted a microservice structure very early on. By 2019, Uber’s merchandise had been powered by 2,200+ microservices because of this architectural choice.

Third gen: self-service, decentralized, and layered. As of early 2018, Uber had fully new enterprise traces and quite a few new functions. Freight, ATG, Elevate, groceries, and extra are among the many rising enterprise traces. With a brand new set of objectives comes the third technology.

An HTTP server can not robotically provoke a connection to a browser. In consequence, the online browser is the initiator. What ought to we do subsequent to get real-time updates from the HTTP server?

Each the online browser and the HTTP server could possibly be accountable for this activity.

  • Internet browsers do the heavy lifting: brief polling or lengthy polling. With brief polling, the browser will retry till it will get the most recent knowledge. With lengthy polling, the HTTP server doesn’t return outcomes till new knowledge has arrived.

  • HTTP server and net browser cooperate: WebSocket or SSE (server-sent occasion). In each instances, the HTTP server may instantly ship the most recent knowledge to the browser after the connection is established. The distinction is that SSE is uni-directional, so the browser can not ship a brand new request to the server, whereas WebSocket is fully-duplex, so the browser can maintain sending new requests.

👉 Over to you: of the 4 options (lengthy polling, brief polling, SSE, WebSocket), which of them are generally used, and for what use instances?

What else must be included?

HEIR: Senior Software program Engineer, Full Stack (United States)



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Startupnews Writer

Startupnews Writer

We write full-time and bring you the best news for startups and enterprises. We are passionate about tech entrepreneurship & innovation. Here you will find also web security news and software architecture standards for your next project.

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