x402 - An open protocol for internet-native payments

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neger psykolog

neger psykolog

"these threads were better before Neger came back"
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kiwifarms.net
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Jul 13, 2017
The HTTP 402 status code indicates that the client must make a payment to access the requested resource.<a href="https://en.wikipedia.org/wiki/HTTP_402#cite_note-2"><span>[</span>2<span>]</span></a> It is typically used in situations where the server requires payment before granting access to the content or service. This code serves as a reminder that financial transaction or authorization is needed to proceed further.

The 402 status code is considered non-standard and was introduced to extend the HTTP protocol's capabilities beyond the standard set of status codes. It provides a clear indication to the client that they need to take action to complete the payment process before they can access the requested resource.
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edit: here's the announcement:
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Typical crypto currency scam trying to justify the continued existence of crypto. Any legitimate site has some sort of subscription, payment, or whatever system already, some even accept crypto. 90% of the internet doesn't understand or care about crypto, they see this instead of a traditional payment system and they are just going to your competitor.
 
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Google.com said:
Typical crypto currency scam trying to justify the continued existence of crypto. Any legitimate site has some sort of subscription, payment, or whatever system already, some even accept crypto. 90% of the internet doesn't understand or care about crypto, they see this instead of a traditional payment system and they are just going to your competitor.
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Yeah sure, all of the porn sites and other edges of the internet are super happy with the monopoly that Apple and Google have on smartphone apps and payment rails. They also especially love paying that juicy 30% app store tax.

lol

I think you miss the point that its using stablecoins (although technically could use anything else). So it's not a get rich quick scheme. It's like taking a crisp $100 USD note into any currency exchange on earth - the money to be made is in like less than 1% fees.
 
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neger psykolog said:
Yeah sure, all of the porn sites and other edges of the internet are super happy with the monopoly that Apple and Google have on smartphone apps and payment rails. They also especially love paying that juicy 30% app store tax.

lol

I think you miss the point that its using stablecoins (although technically could use anything else). So it's not a get rich quick scheme. It's like taking a crisp $100 USD note into any currency exchange on earth - the money to be made is in like less than 1% fees.
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The people who want this are the exchanges, im not saying the coin itself is a scam but they just want the transaction fees associated with this.

You do not need this to accept crypto payments, but if you use it your only accepting crypto.

WHy do they think this is better than a not al payment processor.
  • High fees and friction with traditional credit cards and fiat payment processors
  • Incompatibility with machine-to-machine payments, such as AI agents
  • Lack of support for micropayments, making it difficult to monetize usage-based services
They fail to mention though, you can still accept crypto via already existing methods. If crypto was such a great way for these companies to accept payment they would be using it more already.

Why do I as a company pick this over existing methods please explain this to me. Your site need to have the lowest possible barrier to enter in many cases or you risk loosing fist time customers to someone else. This massively raised the barrier and forces me to only use this. You can accomplish the same goal through other methods already that don't block fiat payments.
 
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I'm a complete fuckign moron about crypto, but this seems like some amazingly good news. I hope Null takes complete advantage of it.
 
Google.com said:
The people who want this are the exchanges, im not saying the coin itself is a scam but they just want the transaction fees associated with this.

You do not need this to accept crypto payments, but if you use it your only accepting crypto.

WHy do they think this is better than a not al payment processor.
  • High fees and friction with traditional credit cards and fiat payment processors
  • Incompatibility with machine-to-machine payments, such as AI agents
  • Lack of support for micropayments, making it difficult to monetize usage-based services
They fail to mention though, you can still accept crypto via already existing methods. If crypto was such a great way for these companies to accept payment they would be using it more already.

Why do I as a company pick this over existing methods please explain this to me. Your site need to have the lowest possible barrier to enter in many cases or you risk loosing fist time customers to someone else. This massively raised the barrier and forces me to only use this. You can accomplish the same goal through other methods already that don't block fiat payments.
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The use case isn't actually what you think it is or what anyone here thinks it is. It isn't even humans - humans are just going to have this feature as a byproduct.
It is an API and one of the use cases being championed is for AI agents to access websites/data autonomously and pay for their access.

You also mention exchanges but the world is a bit bigger than that, there's lots of more esoteric providers that are involved, it isn't just a group of 5-10 monolithic billion dollar exchanges.
 
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neger psykolog said:
The use case isn't actually what you think it is or what anyone here thinks it is. It isn't even humans - humans are just going to have this feature as a byproduct.
It is an API and one of the use cases being championed is for AI agents to access websites/data autonomously and pay for their access.

You also mention exchanges but the world is a bit bigger than that, there's lots of more esoteric providers that are involved, it isn't just a group of 5-10 monolithic billion dollar exchanges.
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I just simply don't agree, maybe it works for AI sure and maybe the market is big enough for that. Even then you already have most big websites that offer this sort of data to these AI companies already using their own systems that this just isn't going to integrate with. It just doesn't make sense, it's always best to accept both fiat and crypto unless you can only do cryptocurrency.
 
I'm not sure people appreciate the full implications of this. This is a potential revenue alternative for the ad-oversaturated internet. This could allow users to pay for content in a seamless, anonymous way rather than being Google's eternal bitch.

... which is why it will never be allowed to see the light of day. Right, continue dooming.
 
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Google.com said:
I just simply don't agree, maybe it works for AI sure and maybe the market is big enough for that. Even then you already have most big websites that offer this sort of data to these AI companies already using their own systems that this just isn't going to integrate with. It just doesn't make sense, it's always best to accept both fiat and crypto unless you can only do cryptocurrency.
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libRT said:
'Join us in killing the API key'? You need some form of ID for it to recognise that you have paid whether its an API key or cookies. Fucking pajeets think they're reinventing the internet every time they bring out some shitty web x.0 app or protocol
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Both of you miss the point.
You don't need ID nor an account (in terms of email/password) for this system, that's the entire point of it.
The provider/server puts up a page and anyone can get access to it by paying $0.01 USD

It could be as granular as accessing each Kiwifarms profile page, or each page of a thread, or a subforum. The access could be once-off (i.e. you can't refresh to get a new version) or a contract for a week.

If you don't understand the doors that this can open up then you're stupid. It can really make alternatives to data heavy shit like YouTube economically viable. Instead of selling off your private data you just pay $1/day or whatever amount - and you don't even need to think about it.
 
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Lord of the Large Pants said:
I'm not sure people appreciate the full implications of this. This is a potential revenue alternative for the ad-oversaturated internet. This could allow users to pay for content in a seamless, anonymous way rather than being Google's eternal bitch.

... which is why it will never be allowed to see the light of day. Right, continue dooming.
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I don't think people quite comprehend that cryptocurrency lobbying money (which was a huge amoutn) won Donald Trump the election and he is vehemently pro-crypto with no inclination he is even going to touch the break pads at this point. There's not really going to be any stopping it.
 
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Noebel said:
Oh, so they won't just put this line on every normal page of the site? That's good.
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Depends, they can do anything.

If KF cost literally a penny per page load would you complain or care? (Assuming relative anonymity) There's some stuff that's worth paying for, especially if it means no advertising
 
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neger psykolog said:
Take a step back and apple's shit is still connected to visa and Mastercard fundamentally.
This whole thing is a very, very big picture change to the internet.
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Personally I hope for something funny, but not necessarily litigious - courtroom drama is boring. Like apple hiring assassins and ordering hits on people who are responsible for the verdict.
 
neger psykolog said:
If KF cost literally a penny per page load would you complain or care?
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Complain - no. Care - yes. And I do believe many others will. Putting aside the issue of making something that used to be free paid, can you imagine how mentally taxing it would be to know that you are on a counter? Like, every single click is now accounted. Even if the price is insignificant, the constant feeling "I'm loosing my fucking money with every hyperlink" would turn off many people, prompting them to lessen their participation, or ceasing it completly. Even Zuckerberg and Adobe didn't went this far yet.
 
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