Re:The Fed Is Down
by capableweb on Wednesday February 24, 2021 @04:24PM
(#26256199)
> Would be interested in seeing the 99.9%ile execution time for BTC vs FedACH transactions
You mean like account to account transactions? Doesn't ACH transactions take "up to 3 business days" or something silly like that? I can't really find any average numbers either as none of the data is being made public.
The transactions speed for one block in Bitcoin has been at max ~30 minutes, you might require up to N amount of blocks depending on your use case. So 10 blocks (safe) would be 5 hours, available 24/7 (granted you have internet access).
You mean like account to account transactions? Doesn't ACH transactions take "up to 3 business days" or something silly like that? I can't really find any average numbers either as none of the data is being made public.
The transactions speed for one block in Bitcoin has been at max ~30 minutes, you might require up to N amount of blocks depending on your use case. So 10 blocks (safe) would be 5 hours, available 24/7 (granted you have internet access).