Re:My professional opinion as a blockchain researcher: I don...
by JumpCrisscross on Monday February 12, 2018 @11:17AM
(#16359599)
> When he does an inter-bank transfer, why does it take 3 days for to clear?
They chose the cheap, safe option over the fast, risky one. I talked about the difference between net and real-time gross settlement in an earlier comment [1]. TL; DR There is a fundamental trade-off between mutability, speed and cost.
They chose the cheap, safe option over the fast, risky one. I talked about the difference between net and real-time gross settlement in an earlier comment [1]. TL; DR There is a fundamental trade-off between mutability, speed and cost.
[1] https://news.ycombinator.com/item?id=16154956#16155708