Paradigm co-founder: Tempo builds L1 instead of Ethereum L2 to avoid reliance on Ethereum's progress.

GateNews
ETH1,41%

ChainCatcher news, Paradigm co-founder Matt Huang stated that the Tempo he is building will be a permissionless public chain, supporting open validation, contract deployment and usage, maintaining “underlying neutrality”, and gradually achieving Decentralization. He stated that Tempo focuses on payment and stablecoin scenarios, choosing to build L1 instead of Ethereum L2, because the global payment network requires a collection of decentralized validators to ensure long-term neutrality, while avoiding reliance on the progress of Ethereum L1.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments