DanS (0xdans)

DanS

Parallel Maxi

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x402 is making a buzz. Wondering what is it all about? Let me explain 👇 x402 is an open-source lightweight payment protocol developed by @coinbase. Any agent, project or other protocols can utilize it to enable instant payments directly over HTTP -Sellers can monetize their API or content -Buyers (developers or agents) can access paid services without manual verification -Facilitators handle payment verification and settlement so that sellers don't need to maintain their own infra HTTP 402 isn't new. It has been available for over two decades, however, not widely used. Wondering what changed now? Answer is simple - Crypto + AI (Reducing friction) - Machine to machine autonomous transactions - AI driven micropayments Remember that it is not tied to any single entity, blockchain or a project and there aren't many useful services available thru it yet so be careful before you ape into any coin claiming to be using x402

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