Kinds of Challenge 402 is just noise. What we need is an open, machine-grade and retail-grade settlement system capable of real-time settlement.
Such a system should have the following characteristics:
1. It should be built on the soundest money network while also supporting the transmission of fiat monetary policy.
2. It must not be confined to a narrow banks or to the settlement claims of any single clearing organization.
3. The entire system must provide real-time finality, soundness, and singleness.
Such a system should have the following characteristics:
1. It should be built on the soundest money network while also supporting the transmission of fiat monetary policy.
2. It must not be confined to a narrow banks or to the settlement claims of any single clearing organization.
3. The entire system must provide real-time finality, soundness, and singleness.