x402 Protocol: Open Standard for Internet-Native Payments Using HTTP 402
By
thm
Fresh out the oven, still warm. Top of the tray.
Summary
x402.org is an open protocol for internet-native payments built around the HTTP 402 status code. It enables users to pay for resources via API without registration, emails, OAuth, or complex signatures. The protocol features zero fees for both customers and merchants, instant blockchain settlement (2 seconds instead of T+2), and is blockchain-agnostic, not tied to any specific blockchain or token.
Key quotes
· 4 pulledBuilt around the HTTP 402 status code, x402 enables users to pay for resources via API without registration, emails, OAuth, or complex signatures.
x402 as a protocol has 0 fees for either the customer or the merchant.
Accept payments at the speed of the blockchain. Money in your wallet in 2 seconds, not T+2.
x402 is not tied to any specific blockchain or token, its a neutral protocol.
You might also wanna read
Anonymous User Inscribes U.S. Constitution Onto Bitcoin Blockchain for $83 Fee
An anonymous Bitcoin user inscribed the entire U.S. Constitution onto the Bitcoin blockchain in a 44.4 kilobyte transaction costing $83.41 i
decrypt.co·1d ago
XZ Navigator Launches on BNB Chain as RWA Outdoor Platform with Limited Details
XZ Navigator, a real-world asset (RWA) outdoor ecological platform, has officially launched on BNB Chain. The project aims to combine RWA to
coincu.com·1d ago
Paxos Becomes First Blockchain-Native Firm to Receive SEC Clearing Agency Registration
Paxos, a blockchain infrastructure platform and stablecoin issuer, announced that its subsidiary Paxos Securities Settlement Company has bec
cointelegraph.com·2d agoPaxos Becomes First Blockchain-Native Firm to Receive SEC Clearing Agency Registration
Paxos, a blockchain infrastructure platform and stablecoin issuer, announced that its subsidiary Paxos Securities Settlement Company has bec
cointelegraph.com·2d ago
DeFi's $20 billion TVL drop: Industry leaders push back against 'DeFi is dead' narrative
The article presents a defense of the decentralized finance (DeFi) sector following a $20 billion drop in total value locked (TVL) and $1.1
coindesk.com·2d ago
Paxos receives SEC approval to clear and settle U.S. stocks using blockchain
Paxos, through its subsidiary Paxos Securities Settlement Company (PSSC), has received SEC approval to operate as a central securities depos
coindesk.com·2d ago