The Tempo blockchain initiative, backed by Stripe and venture firm Paradigm, has released a public testnet. This launch marks the project’s entry into a key testing phase before a mainnet release.
Tuesday’s announcement confirms the testnet is open for public interaction, including running nodes. This phase will concentrate on achieving scale and testing the network under real-world payment conditions.
Key features are already active for testing, such as stablecoin-native gas and a built-in decentralized exchange. The network also offers fast deterministic finality, ensuring transactions are settled quickly and irreversibly.
Tempo is built from the ground up to cater to stablecoin payments and financial apps. It seeks to provide the predictable low costs and instant settlement that general-purpose blockchains often lack.
