3 ms·
Bank clearance only happens once a day, no need for high TPS levels. They do not transfer money bank-to-bank for every transaction, they just add it up and make
by 6nf 10y ago
Bank clearance only happens once a day, no need for high TPS levels. They do not transfer money bank-to-bank for every transaction, they just add it up and make one settlement transaction at the end of the day.
- cm2187 10y agoBut then it doesn't add anything over the existing systems. I thought the benefit was precisely immediate and reliable settlements.