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Paradigm Co-founder: Tempo Building L1 Instead of Ethereum L2 to Avoid Dependency on Ethereum Progress
Summary: In a recent post, Paradigm co-founder Matt Huang announced that Tempo, a project they are working on, will be a permissionless public chain supporting open validation, contract deployment, and usage, while maintaining 'base layer neutrality' and gradually decentralizing. He mentioned that Tempo will focus on payment and stablecoin scenarios, opting to build on L1 instead ...
In a recent post, Paradigm co-founder Matt Huang announced that Tempo, a project they are working on, will be a permissionless public chain supporting open validation, contract deployment, and usage, while maintaining 'base layer neutrality' and gradually decentralizing. He mentioned that Tempo will focus on payment and stablecoin scenarios, opting to build on L1 instead of Ethereum L2. This decision is driven by the need for a decentralized validator set in the global payment network to ensure long-term neutrality and to avoid dependency on Ethereum L1 progress.
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Link: Paradigm Co-founder: Tempo Building L1 Instead of Ethereum L2 to Avoid Dependency on Ethereum Progress [Copy]
