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Discussions of the new Tempo Blockchain in Stripe


The Crypto community was divided into Stripe decision to launch its Blockchain Layer-1, as many ask why the payment company is not built at the head of the already existing Blockchain network.

It came after the CEO of Stripe Patrick Colison He said In the X Publishing on Thursday, the current Blockchains is not improved “to deal with the increasing use of Stablecoins, and Crypto on a broader scale, via the ribbling platform, with the advertisement of the new Layer-1 network of the company.

Nft Platfor He said“Nobody wants another series.”

“The problems I mentioned have already resolved for the people who died to use Blockchains, so there is no need for another series” reforming “these issues.

Stripe CEO about Solana says, Execs says

1 Blockchains layer Giving priority to security and decentralizationWhile Layer-2 solutions are designed to increase speed and expansion to the maximum.

Coleson has argued that most Blockchains cannot handle the transaction measure required by the tape, which exceeds 10,000 TPS at its peak.

source: Jason Chao

Compare it with bitcoin (BTC) Treating approximately five TPS, ETHEREUM around 20 TPS, and newer networks like Base and Solana (TellerIt reaches about 1000 TPS.

Helius Labs CEO and Solana Maxi Mert Mumtaz He said It was a “honest mistake on several dimensions” and “this is not close to Solana’s limit.”

Mumtaz may have a point, Solana Explorer’s data He appears 3,186 Tps at the time of publication.

Not everything was against the idea, but. Web3 Wallet Provider Findopia, CEO of Steve Milton He said“Tempo Building the Rails for Onchain Payments on a large scale is a game change.”

source: excited

“It is exactly infrastructure applications like our applications that need to provide faster, cheapest and smooth experience,” Milton said. Meanwhile, Director of Operations for the Second Max Call He said“Tempo looks good here.”

Others asked why the Stripe Tempo did not choose the Layer-2 network.

The commentator says that Ethereum L2 can still provide benefits

“My curiosity to find out why I decided to build your audit group instead of becoming L2. To ensure that the auditors are not centers and a better diversified to use external sources,” Devansh Mehta from Ethereum Foundation He said.

Leo Lanza encoding suspension to request A similar question: “What prevents the rhythm from being built as Ethereum L2?”

Related to: All filling, no column: Why do Blockchain cities fail

“As the ETHEREUM 2 layer, TEMPO can build TPS and the designated fees paid in FIAT with the effects of ETHEREUM network, security, inter -operation and cost reduction,” Lanza said.

Coleson has also argued that it is more valuable for the real world’s financial applications that fees are customized by the user’s logo currency, but the current Blockchains condemns their fees in the symbols of Blockchain.

He added: “We hope that Tempo will be easier for things such as acceptance of payment, global payments, transfers, fine transactions, symbolic deposits, job payments, and more, to move Onchain.”

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