141–150 of 1001 posts
"EVM-compatible, built on Reth" => they're essentially building a private Ethereum fork with a fancy validator selection process.
Couldn't they just get these benefits (predictable fees, fast settlement) by ... running a database between these financial institutions?
If Stripe controls the validator set (even indirectly), then ... just a distributed database with extra steps, no?
Earlier quoted context omitted.
Other countries have controls on currency movements inside and outside their borders.
Blockchains (due to constantly changing validators, nodes, etc.) are much harder to shut down than some dedicated service. I think the current administration understands that loose stablecoin regulation further cements US dollar hegemony, curtails other countries attempts to deprive their citizens of payment and savings alternatives and creates more demand for US treasuries (because that's where stablecoin reserves e…
Earlier quoted context omitted.
The situation has changed. The US is now leaning pro-crypto and they're also for sale.
Is the US leaning pro-crypto or the current administration in power? My guess is that it's like saying the US is leaning towards tariffs, which may or may not be stable.
There are lots of crypto skeptics on HN (and we ourselves were disappointed with crypto's payments utility for much of the past decade), so it might be interesting to share what changed our mind over the past couple of years: we started to notice a lot of real-world businesses finding utility in stablecoins. For example, Bridge (a stablecoin orchestration platform that Stripe acquired) is used by SpaceX for managing…
when will stripe go public?
I actually don't understand how they were allowed to exist, it's impressive really.
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It's just an attempt at obfuscating the governance for non-technical regulators to think it's beyond the control of stripe. It's the game that all these L1s are doing, participating in the minimum amount of decentralized theater in order to evade regulations.
it depends, regulators can still force validators to censor. I have kept up with the scene in a minute, but i remember builders and even some wallets were dropping tx from tornado cash because of some compliance issues, dont think the trump admin would care
The job listing[1] for Rust Engineer at Tempo says > Attributes: High motor What is meant by that? [1] https://jobs.ashbyhq.com/tempo-xyz/aab97703-13e2-42e8-9fb9-9...
There are lots of crypto skeptics on HN (and we ourselves were disappointed with crypto's payments utility for much of the past decade), so it might be interesting to share what changed our mind over the past couple of years: we started to notice a lot of real-world businesses finding utility in stablecoins. For example, Bridge (a stablecoin orchestration platform that Stripe acquired) is used by SpaceX for managing…
And it sounds like this system targets global payments. Does that imply that some day users would be able to pay using Tempo? Where would we see Tempo?
Very genuinely curious.
Earlier quoted context omitted.
The situation has changed. The US is now leaning pro-crypto and they're also for sale.
Is the US leaning pro-crypto or the current administration in power? My guess is that it's like saying the US is leaning towards tariffs, which may or may not be stable.
The job listing[1] for Rust Engineer at Tempo says > Attributes: High motor What is meant by that? [1] https://jobs.ashbyhq.com/tempo-xyz/aab97703-13e2-42e8-9fb9-9...