A job posting confirmed that payments giant Stripe is collaborating with Paradigm (Matt Huang is a Stripe board member) to develop a high-performance blockchain called "Tempo."
Following this, Fortune magazine, citing sources familiar with the matter, revealed further information:
- Tempo is positioned as a high-performance, payments-focused blockchain;
- It is a Layer 1 public blockchain (not built on other protocols);
- It is EVM-compatible;
- Applicants for marketing positions must possess "marketing experience targeting Fortune 500 audiences" (clearly not targeting native crypto users).