Comment by __MatrixMan__

16 days ago

I'm not proposing that this all happen on an L1, of course you need some time for various parties to decide whether settlement should proceed. Nor am I saying that all ledgers everywhere would benefit from this change.

I'm just saying that many businesses would benefit (or become feasible in the first place) if the time between service-rendered and payment-pending were sub-second and built into the product and instead of relying on month-long-billing cycles. It would also be beneficial if the infrastructure for handling that process were common to both parties rather than having each of them track it separately hoping they agree on what is owed after the fact.