| ▲ | asim 6 days ago | |
> Who will run validator nodes? "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." I think Zuck tried to do this. It was called Libra or Diem or I can't remember what it ended up being. Ultimately trust is what matters. In the end whether it was regulation or governments or anything else that killed it, it's only going to work if people can trust you. They trusted you with fiat payments, maybe they'll trust you with crypto. The thing to note, you'll win over the US centric crowd but it's unclear if it will translate truly across borders to Europe, Russia, China, etc. I'm guessing that doesn't matter but just remember what happened. Make sure to be honest about who's actually going to run the payment rails here. | ||
| ▲ | jekrb 5 days ago | parent | next [-] | |
Libra/Diem was told by regulators to not move forward with the project. They were very early days, and trying to "do it right" in which the administration said "not at all". Similar also happened with Visa... check when they were publishing in-depth reports from their crypto arm and then suddenly stopped. | ||
| ▲ | asim 3 days ago | parent | prev [-] | |
Further to my point https://www.coindesk.com/policy/2025/09/07/stripe-s-tempo-bl... | ||