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>It will also avoid investing in payment systems or in mobile wallets, which require ultrafast transaction times to make sense.

WTF?



Well if you're talking about stuff that's used at physical checkout counters, you need really fast transactions. Nobody wants to sit there for an extra 20-30 seconds holding up the line. Even if customers can tolerate it, businesses will be much less inclined to support such a feature.


But since when are ISPs contemplating adding an extra 20-30 seconds of latency to connections?


Someone doesn't understand the concept of consistency and transactions in distributed systems.

Regardless, I think we can all agree that slow payment processing is a Bad Thing.


Interestingly, apparently POS/ATM transactions are not strongly consistent (they are eventually consistent, on CAP they favour AP): http://highscalability.com/blog/2013/5/1/myth-eric-brewer-on...


Who is that someone? Distributed systems don't need any particular speed of interconnect to work. In fact, it's one of the benefits of distributed system designs.


Yes, that's what I was trying to say. The "someone" is whoever was quoted in the article; that person does not understand your point.

But it remains true that I, as a consumer, want my payments to be processed quickly. So do most other consumers, I imagine. But this has nothing to do with "making sense". I just want it to happen.




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