Ethereum core dev Dankrad Feist joins Stripe-backed stablecoin project

Longtime Ethereum developer developer Dankrad Feist announced he will join Tempo

by Blockworks /
article-image

Juan Roballo/Shutterstock and Adobe modified by Blockworks

share

Dankrad Feist, a longtime Ethereum researcher and core developer, announced Friday that he is joining Tempo, the blockchain project backed by Stripe and Paradigm.

Feist, who joined the Ethereum Foundation in 2019, has played a key role in advancing data availability and sharding research. He stated that while leaving his full-time Ethereum role, he will remain a research advisor to EF protocol initiatives.

Tempo, backed by Stripe and Paradigm, aims to build a blockchain optimized for payments and real-world integration. Feist described Tempo as a “complement” to Ethereum and that the new project could later feed its open-source technology back into the Ethereum ecosystem.

“Tempo’s open-source technology can easily integrate back into Ethereum, benefiting the entire ecosystem,” Feist wrote. “ Ethereum and Tempo are strongly aligned, as they are built with the same permissionless ideals in mind. I am looking forward to staying involved with the community and continuing to push Ethereum forward!”

Feist had previously taken on an advisory role for EigenLayer, an Ethereum staking protocol, but later stepped down amid concerns about conflicts of interest. 

The Tempo payments-centric initiative is currently in private testnet. According to Paradigm, the project has drawn design input from major firms like OpenAI, DoorDash, Deutsche Bank and others. 

“We are excited to further crypto’s ability to tackle real-world use cases including global payments and payroll, remittances, tokenized deposits for 24/7 settlement, embedded financial accounts, microtransactions, agentic payments, and more,” Paradigm said in September.

This is a developing story.


This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Fully homomorphic encryption is emerging as the leading cryptographic approach to onchain confidentiality, enabling computation directly on encrypted data without exposure. We are constructive on FHE as a category and Zama as the clear leader, though the 1,000x+ computational overhead and hardware dependency represent material execution risks that make throughput scaling the key variable for valuation.

article-image

BTC finished the week up 1.6%, while L2s, RWAs and the treasury trade continued to grind lower

article-image

DTCC moves DTC-custodied Treasuries onchain via Canton, while Lighter’s LIT launches trading at a fees multiple in Hyperliquid territory

article-image

In the 90s, rapt audiences worldwide watched a coffee pot — will that fascination ever turn to crypto?

article-image

Some systems improve by failing — and crypto has no choice

article-image

Yield Basis introduces an IL-free AMM design that already dominates BTC DEX liquidity

article-image

Maybe tokenholders don’t need the rights that corporate shareholders have come to expect

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

NewsPodcastsNewslettersEventsRoundtablesAnalytics