Comment by fc417fc802
4 months ago
An algorithmically enforced settlement period where the final result of the entire transaction is visible on the chain but reversible by either party doesn't seem like it would run against that ideology.
4 months ago
An algorithmically enforced settlement period where the final result of the entire transaction is visible on the chain but reversible by either party doesn't seem like it would run against that ideology.
No, but it’s a lot more work and it undercuts the marketing claims about being faster. If the industry grows up, I’d expect to see things like that happen.
Opt-in wouldn't affect speed. If mandatory, make it log10( thousands ) hours. I'm sure you can afford to wait 4 hours for a million dollar transfer to clear. Bybit would have had 7 hours to realize and revert the mistake in that case.