Odaily Planet Daily report: Dan Romero posted on X to clarify common misconceptions about Multi-Path Payments (MPP), emphasizing that MPP is designed to be simple, scalable, and cross-chain compatible, eliminating dependence on any single platform or payment method, including:
1. Unlimited Tempo: MPP supports any payment method, including cryptocurrencies and fiat currencies, and has been extended to the Bitcoin Lightning Network, with a Solana extension draft in progress.
2. Fees are not a fixed 1.5%: MPP has no inherent fees; different payment methods may charge varying transaction fees, similar to existing payment options.
3. Openness: MPP Day 1 supports four payment methods: Tempo (stablecoin), Stripe (multiple payment options), Visa (credit card), and Lightspark (Bitcoin Lightning Network). Any party can quickly extend support, and it has been submitted to the IETF as a web standard.
4. Not Session-Only: MPP supports both per-request payments and payment channels; the latter is ideal for multiple small, consecutive payments, reducing API round trips and improving speed.
5. Not limited to Tempo/Stripe: The MPP architecture is simple and scalable, independent of specific smart wallets, stablecoins, or blockchains, enabling secure HTTP communication and payment channel separation, making rapid integration by Visa and Lightspark possible.