Sad news: we’re shutting down the Hyli project. Hyli was started on a core idea: that ZK can push blockchains far beyond current capabilities, that someone had to push the boundaries of blockchain architecture. We’re extremely proud of what our team built over the last two years: we shipped a full node client from scratch, built using the latest BFT consensus technology with Autobahn, and shipping highly innovative support for ZK smart contracts and proved it could sustain real user load. Unfortunately, technical achievements are not all you need. The market has changed a lot since we started, ZK has not gained the traction we had hoped for, and we don’t see a viable path to launching Hyli in the current environment. Everything we have built will remain open-source on our github repo: github.com/hyli-org Thank you to our backers, supporters, contributors, and friends. If you are looking to hire highly capable operators in engineering, operations and marketing, drop us a DM. It’s been a brilliant journey, we’ll see you again soon.

Blockchains still broadcast every transaction publicly. Every stablecoin payment leaks the amount, the sender, and the recipient. We’re excited to share that Tempo is building Zones for businesses that need privacy: private blockchains that are interoperable with the rest of Tempo for stablecoin use cases like payroll, treasury, and settlement.