← Capital One Interview Insights
This is basically a distributed systems gauntlet dressed up as a single question.
Start by clarifying requirements: what level of consistency (strong vs eventual), expected scale, and failure scenarios. Then propose a design that uses ACID transactions with idempotency and possibly distributed consensus for cross-shard transfers, emphasizing exactly-once semantics and auditability.
Pro tip: Demonstrate awareness of real-world financial systems by mentioning the need for reconciliation and compensating transactions, and how you'd handle partial failures in distributed transfers.
Ask about consistency guarantees, scale (transactions per second), latency requirements, and whether the system is single-datacenter or globally distributed. Also clarify regulatory and audit needs.
Propose a schema with accounts, transactions, and possibly a ledger. Use a relational database with ACID transactions for strong consistency, or a distributed SQL database if scaling out.
For deposits/withdrawals, use transactions with row-level locking. For transfers, use two-phase commit or a saga pattern with compensating actions. Make operations idempotent using unique request IDs to prevent duplication.
Discuss replication, failover, and how to recover from partial failures. Mention write-ahead logging, snapshots, and reconciliation processes to detect and correct inconsistencies.
If needed, shard accounts by user ID, but note that cross-shard transfers require distributed transactions. Consider using a message queue for asynchronous processing with exactly-once semantics.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.