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This was my thought. Nanoseconds are an eternity. You want to be using Planck units for your worst-case analysis.
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If you go far beyond nanoseconds, energy becomes a limiting factor. You can only achieve ultra-fast processing if you dedicate vast amounts of matter to heat dissipation and energy generation. Think on a galactic scale: you cannot have even have molecular reaction speeds occurring at femtosecond or attosecond speeds constantly and everywhere without overheating everything.
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Maybe. It's not clear whether these are fundamental limits or merely technological ones. Reversible (i.e. infinitely efficient) computing is theoretically possible.
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If you have a black hole as an infinite heat sink this helps a great deal.
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Nanoseconds is a natural unit for processors operating around a GHz, as it's roughly the time of a clock cycle.

If a CPU takes 4 cycles to generate a UUID and the CPU runs at 4 GHz it churns out one every nanosecond.

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