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Dan Romero Clarifies MPP Protocol Misunderstandings, Emphasizes Multi-Chain and Multi-Payment Method Compatibility
Odaily Planet Daily reports that Dan Romero clarified common misconceptions about Multi-Party Payment Protocol (MPP) on the X platform, emphasizing that MPP is designed to be simple, scalable, and cross-chain compatible, eliminating reliance on a single platform or payment method, including:
No limit to Tempo: MPP supports any payment method, including cryptocurrencies and fiat currencies, extended to Bitcoin Lightning Network, with a draft for Solana expansion.
Fees are not fixed at 1.5%: MPP itself has no inherent fees; different payment methods may charge varying fees, similar to existing payment systems.
Openness: From Day 1, MPP supports four payment methods: Tempo (stablecoins), Stripe (multi-payment options), Visa (credit cards), and Lightspark (Bitcoin Lightning Network). Anyone can quickly expand, and it has been submitted to the IETF as a web standard.
Not solely session-based: MPP supports both request-to-pay and payment channels, the latter suitable for multiple small, continuous payments, reducing API round-trips and increasing speed.
Not only designed for Tempo/Stripe: MPP has a simple, easily expandable structure that does not depend on specific smart wallets, stablecoins, or blockchains, enabling secure HTTP communication and separation of payment channels, allowing quick integration of Visa and Lightspark.