He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.
Layer 2 networks like the lightning network operated in the milliseconds time frame.
Doesn’t that require trust in the provider hosting the off chain transactions? And lightning transactions can get preempted by conflicting moves from a wallet, and invalidated? I’m no expert, but it seems like these big regular transactions would be targets for abuse.