Unique Flashcards

Design a Metrics Monitoring System (like Prometheus) Design a Log Aggregation System (like ELK stack) Design a Real-Time Bidding System (like for ads) Design a Booking System (Hotels or Flights) Design a High-Frequency Trading Platform (70 cards)

1
Q

What is a Metrics Monitoring System?

A

A system that collects, stores, and analyzes metrics from various sources to monitor the health and performance of applications and infrastructure.

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2
Q

What are the advantages of a Metrics Monitoring System?

A

Provides real-time insights, helps in proactive issue detection, and aids in capacity planning.

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3
Q

What are the disadvantages of a Metrics Monitoring System?

A

Can generate large volumes of data, potential performance overhead, and complexity in managing alert thresholds.

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4
Q

What are best practices when designing a Metrics Monitoring System?

A

Use efficient data storage, implement aggregation, set appropriate alert thresholds, and ensure scalability.

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5
Q

What are common use cases for Metrics Monitoring Systems?

A

Monitoring server health, application performance, and infrastructure utilization.

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6
Q

How does a Metrics Monitoring System impact system design?

A

Requires integration with various components, efficient data handling, and real-time processing capabilities.

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7
Q

Give an example of a Metrics Monitoring System.

A

Prometheus, Datadog, and New Relic.

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8
Q

What are the architectural components of a Metrics Monitoring System?

A

Data collectors, time-series database, alert manager, and visualization tools.

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9
Q

How can performance be ensured in a Metrics Monitoring System?

A

Optimize data collection intervals, use efficient storage, and implement data aggregation.

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10
Q

How can fault tolerance be added to a Metrics Monitoring System?

A

Deploy redundant components, implement data replication, and ensure failover mechanisms.

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11
Q

How is monitoring and debugging handled in a Metrics Monitoring System?

A

Use dashboards, set up alerts, and analyze historical data trends.

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12
Q

What is a real-world tradeoff in Metrics Monitoring Systems?

A

Balancing data granularity with storage and processing overhead.

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13
Q

What is a common interview question on Metrics Monitoring Systems?

A

Design a scalable metrics monitoring and alerting system for a large-scale application.

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14
Q

What is a potential gotcha in Metrics Monitoring Systems?

A

Improper alert configurations leading to alert fatigue or missed critical issues.

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15
Q

What is a Log Aggregation System?

A

A system that collects, processes, and stores log data from various sources for centralized analysis and monitoring.

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16
Q

What are the advantages of a Log Aggregation System?

A

Centralized log management, easier troubleshooting, and improved security monitoring.

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17
Q

What are the disadvantages of a Log Aggregation System?

A

High storage requirements, potential performance impact, and complexity in parsing diverse log formats.

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18
Q

What are best practices when designing a Log Aggregation System?

A

Implement structured logging, use efficient storage solutions, and ensure secure data transmission.

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19
Q

What are common use cases for Log Aggregation Systems?

A

Application debugging, security auditing, and compliance reporting.

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20
Q

How does a Log Aggregation System impact system design?

A

Requires integration with various log sources, efficient data processing, and scalable storage solutions.

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21
Q

Give an example of a Log Aggregation System.

A

ELK Stack (Elasticsearch, Logstash, Kibana), Splunk, and Graylog.

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22
Q

What are the architectural components of a Log Aggregation System?

A

Log shippers, processing pipeline, storage backend, and visualization interface.

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23
Q

How can performance be ensured in a Log Aggregation System?

A

Use buffering, implement data compression, and optimize indexing strategies.

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24
Q

How can fault tolerance be added to a Log Aggregation System?

A

Deploy redundant components, implement data replication, and ensure failover mechanisms.

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25
How is monitoring and debugging handled in a Log Aggregation System?
Set up alerts for anomalies, monitor system health, and analyze log patterns.
26
What is a real-world tradeoff in Log Aggregation Systems?
Balancing log retention duration with storage costs and compliance requirements.
27
What is a common interview question on Log Aggregation Systems?
Design a centralized log aggregation system for a microservices architecture.
28
What is a potential gotcha in Log Aggregation Systems?
Handling unstructured or inconsistent log formats leading to parsing errors.
29
What is a Real-Time Bidding System?
An automated auction system where ad impressions are bought and sold in real-time as users load web pages.
30
What are the advantages of a Real-Time Bidding System?
Efficient ad targeting, maximized revenue for publishers, and cost-effective advertising for buyers.
31
What are the disadvantages of a Real-Time Bidding System?
Complex infrastructure requirements, potential latency issues, and privacy concerns.
32
What are best practices when designing a Real-Time Bidding System?
Ensure low-latency processing, implement robust fraud detection, and maintain high availability.
33
What are common use cases for Real-Time Bidding Systems?
Online advertising platforms, ad exchanges, and demand-side platforms.
34
How does a Real-Time Bidding System impact system design?
Requires ultra-low latency processing, scalable infrastructure, and real-time data analytics.
35
Give an example of a Real-Time Bidding System.
Google Ad Exchange, OpenX, and AppNexus.
36
What are the architectural components of a Real-Time Bidding System?
Bid request handler, auction engine, bidder interface, and analytics module.
37
How can performance be ensured in a Real-Time Bidding System?
Optimize network latency, use in-memory data stores, and implement efficient algorithms.
38
How can fault tolerance be added to a Real-Time Bidding System?
Deploy redundant systems, implement failover strategies, and monitor system health.
39
How is monitoring and debugging handled in a Real-Time Bidding System?
Track bid response times, monitor system metrics, and analyze auction outcomes.
40
What is a real-world tradeoff in Real-Time Bidding Systems?
Balancing bid processing speed with the complexity of targeting algorithms.
41
What is a common interview question on Real-Time Bidding Systems?
Design a real-time bidding system for online advertising with low latency requirements.
42
What is a potential gotcha in Real-Time Bidding Systems?
Handling high throughput while maintaining low latency and accuracy.
43
What is a Booking System?
A system that allows users to search, reserve, and manage bookings for services like hotels or flights.
44
What are the advantages of a Booking System?
Convenient reservation management, real-time availability updates, and streamlined operations.
45
What are the disadvantages of a Booking System?
Complex inventory management, potential overbooking issues, and integration challenges.
46
What are best practices when designing a Booking System?
Implement transactional consistency, use distributed locks, and ensure real-time availability updates.
47
What are common use cases for Booking Systems?
Hotel reservations, flight bookings, and event ticketing.
48
How does a Booking System impact system design?
Requires accurate inventory tracking, real-time data synchronization, and user-friendly interfaces.
49
Give an example of a Booking System.
Booking.com, Expedia, and Airbnb.
50
What are the architectural components of a Booking System?
Search service, inventory management, reservation handler, and payment gateway.
51
How can performance be ensured in a Booking System?
Optimize search queries, implement caching, and scale services horizontally.
52
How can fault tolerance be added to a Booking System?
Use redundant services, implement retry mechanisms, and monitor system health.
53
How is monitoring and debugging handled in a Booking System?
Track booking transactions, monitor system metrics, and analyze user behavior.
54
What is a real-world tradeoff in Booking Systems?
Balancing real-time availability with system performance and scalability.
55
What is a common interview question on Booking Systems?
Design a hotel booking system that handles real-time availability and reservations.
56
What is a potential gotcha in Booking Systems?
Handling concurrent bookings leading to overbooking or double reservations.
57
What is a High-Frequency Trading Platform?
A system that executes a large number of financial transactions at extremely high speeds using algorithms.
58
What are the advantages of a High-Frequency Trading Platform?
Increased market liquidity, rapid trade execution, and potential for high profits.
59
What are the disadvantages of a High-Frequency Trading Platform?
High infrastructure costs, regulatory scrutiny, and potential market volatility.
60
What are best practices when designing a High-Frequency Trading Platform?
Minimize latency, ensure data accuracy, and implement robust risk management.
61
What are common use cases for High-Frequency Trading Platforms?
Algorithmic trading, market making, and arbitrage strategies.
62
How does a High-Frequency Trading Platform impact system design?
Requires ultra-low latency, high throughput, and real-time data processing.
63
Give an example of a High-Frequency Trading Platform.
Citadel Securities, Jump Trading, and Virtu Financial.
64
What are the architectural components of a High-Frequency Trading Platform?
Market data handler, trading engine, risk management module, and order router.
65
How can performance be ensured in a High-Frequency Trading Platform?
Use FPGA hardware, optimize network paths, and implement efficient algorithms.
66
How can fault tolerance be added to a High-Frequency Trading Platform?
Deploy redundant systems, implement real-time monitoring, and have failover strategies.
67
How is monitoring and debugging handled in a High-Frequency Trading Platform?
Monitor trade execution times, track system latency, and analyze trading anomalies.
68
What is a real-world tradeoff in High-Frequency Trading Platforms?
Balancing execution speed with system complexity and regulatory compliance.
69
What is a common interview question on High-Frequency Trading Platforms?
Design a high-frequency trading system with minimal latency and robust risk controls.
70
What is a potential gotcha in High-Frequency Trading Platforms?
Handling network jitter and ensuring consistent trade execution under varying conditions.