Bankless cover image

ROLLUP: Binance Commingling User Funds | Ledger Recover Postponed

Bankless

Settlement Assurances and Finality in Blockchain Transactions

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  • Bitcoin's proof of work hash rate makes its transaction finality the fastest of any blockchain
  • Ethereum's proof of stake and finality is now the new fastest
  • Settlement assurances allow for property rights assurances and finality in the crypto world
  • Traditional payment rails do not have finality and rely on court systems for settlement assurances

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