3 ms·
30 mins for FINAL international settlement of arbitrary $ amounts between $0.001 - $100B IS fast - and the uptime for the BTC network is 100% since inception ~2
by SailingSperm 6y ago
30 mins for FINAL international settlement of arbitrary $ amounts between $0.001 - $100B IS fast - and the uptime for the BTC network is 100% since inception ~2011.
If you're really wanting to compare apples to apples - For traditional banks doing cross border transactions, it takes up to five days at most global banks, not counting weekends or bank holidays to actually settle with a lot more intermediaries involved.