> Tempo is a neutral, permissionless blockchain open for anyone to build on.

> A diverse group of independent entities, including some of Tempo’s design partners, will run validator nodes initially before we transition to a permissionless model.

> Protect your users by keeping important transaction details private while maintaining compliance standards.

Sounds like it actually has potential. This could enable global QR-code payments using and open, decentralized, and private system. Something like fiat cash payments, but digital. I hope that Valve is keeping track of it, for starters.

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littlecranky67 5 days ago | parent | next [-]

> This could enable global QR-code payments

In what currency? As I understand it, Stablecoins are bound to an underlying currency. If you do not wan't to tie it to a currency, bitcoin would be the prime candidate. And with its layer 2 solutions such as Lightning, there is already a decentralized system for fast, cheap and private payments.

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uyzstvqs 5 days ago | parent [-]

If this Tempo blockchain truly delivers, it'll not be that difficult for anyone to create a decentralized exchange using smart contracts and AMMs. And you can create a Wrapped BTC to use as well. Also gold-backed stablecoins.

Lightning is not a solution. Having to run a node that's online 24/7 is unreasonable, and so is having to convince others to allocate inbound liquidity to you. Any wallet which does not require this is heavily centralized and often custodial.

	▲	littlecranky67 5 days ago \| parent [-]
		> Lightning is not a solution. Having to run a node that's online 24/7 is unreasonable I agree, but with trampoline payments approaching standardization (it is in use by electrum and ACINQ/Phoenix wallet already) and async payments, the 24/7 issue should be gone. I DO agree that stablecoins are different and probably have a different setup - they are still centralized and require trust (that the underlying asset is held accordingly), while Bitcoin/L2-Lightning are completely decentralized.

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sfdlkj3jk342a 6 days ago | parent | prev [-]

If it will really be permissionless, what value is Stripe adding? Why not use any other fast, low-lost L1 like sending USDC on Solana?

	▲	wmf 6 days ago \| parent [-]
		Presumably any merchant that uses Stripe today will be able to accept or receive payment over Presto.