Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced on Friday that he has joined Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm.
Feist said he will remain as a “research advisor” to the Ethereum Foundation to provide input on scaling the layer-1 network, improving the user experience (UX), and blobs, a feature of the Ethereum network that frees up the blockspace of Temporary data storage. He added:
“Tempo’s open-source technology can easily be integrated back into Ethereum, benefiting the entire ecosystem. Ethereum and Tempo are strongly aligned, as they were built with the same permissionless ideals.
I look forward to staying involved in the community and continuing to push Ethereum forward,” he said. Cointelegraph reached out to Feist but did not receive a response by the time of publication.
The announcement drew mixed reactions from the Ethereum community, with some shipping Messages of support and others who see it as a loss of one of the most significant contributors of the Ethereum ecosystem during a Year of significant change for the ecosystem.
Related: Ethereum Foundation converts 1,000 ETH for StableCoins to fund R&D, grants
The Crypto community is divided over Stripe’s Tempo Blockchain
The crypto community also survives Divided about tempo blockchain and whether a dedicated, dedicated StableCoin blockchain network is necessary.
“No one wants another chain,” Joe Petrich, head of engineering at Non-Fungible Token (NFT) Platform Courtyard, said In response to Tempo’s announcement Stripe CEO Patrick Collison added that “there is no need for another chain.”
https://www.youtube.com/watch?v=20zfedqdkl8
Ethereum Foundation Researcher Devansh Mehta Also question The decision to launch Tempo as a purpose-built blockchain instead of being an Ethereum Layer-2 scaling network.
Certain Layer-1 chains that must build their own set of validators suffer from centralization issues and may face increased legal liability, Mehta said.
The debate comes amid a time of tension between Ethereum and many Layer-2 scaling solutions, some of which have been characterized as Cannibalizing Ethereum’s Base Layer Revenue and a downward force on the ether (Eth) Price despite bringing user traffic to the ecosystem.
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