The crypto community is divided over Stripe’s decision to create its own layer-1 blockchain, Tempo. Critics argue that the payment firm should have built on existing networks instead of creating another chain, while supporters highlight the potential benefits of a dedicated infrastructure for their high-volume transactions. Stripe CEO Patrick Collison believes that existing blockchains are insufficient for handling the scale of his payment platform’s needs, which require processing over 10,000 transactions per second (TPS). This claim is disputed by some prominent figures in the crypto space, who highlight Solana’s capabilities and question why Tempo isn’t simply an L2 solution. While Stripe CEO’s reasoning emphasizes speed and efficiency for real-world financial applications, the debate highlights a fundamental tension between blockchain priorities – decentralization vs. scalability – and their impact on everyday financial transactions.