Загрузка видео...

Не удалось загрузить видео

На главную

Reminder that the Machine Payments Protocol's killer feature is sessions. Use sessions instead of the charge intent to go faster and cheaper. Ideal for high throughput APIs. - 1 onchain transaction to open a session - infinite tiny granularity 0-fee payments bound only by the latency of your API...

18,789 просмотров • 4 месяцев назад •via X (Twitter)

Комментарии: 0

Нет доступных комментариев

Здесь появятся комментарии из оригинального поста

Похожие видео

When the value of your payment approaches zero, traditional overhead does not. With credit cards, you have fixed fees. With onchain payments, you have gas. When your payment is worth less than the fee to send it, the economics don't add up. You would be spending dollars to collect fractions of a penny. That is what Nanopayments, powered by Circle Gateway and x402 addresses. It enables gas-free, high-frequency programmable payments down to $0.000001 This is particularly important for use cases where transactions happen at high frequency and in very small amounts, such as: Agentic Payments: AI agents transacting autonomously at high frequency. Usage-Based Billing: Charging exactly per API call, per second of compute, or per dataset access. Machine-to-Machine: Services or devices paying each other directly for resources in real-time. Here is how the end-to-end nanopayment lifecycle looks like: 1️⃣ Deposit: The buyer funds their Gateway balance via a one-time onchain transaction. 2️⃣ Request and Negotiate: The buyer requests a resource; the seller responds with 402 Payment Required via the x402 protocol. 3️⃣ Sign Authorization: The buyer signs an EIP-3009 message authorizing the transfer. This signature is created offchain and costs zero gas. 4️⃣ Settle and Serve: Gateway verifies the signature and credits the seller’s pending balance. The resource is served immediately. 5️⃣ Batch Settlement: Gateway periodically collects authorizations and settles them in a single onchain transaction. That is how Gateway and x402 make nanopayments viable. To follow along, check out the Quickstarts in the Circle documentation and share your build with us! Circle Developer

Elton Tay

10,324 просмотров • 4 месяцев назад

lets go over a recent transaction with friends at the Waffle House restaurant using MetaMask 🦊 Card; the total of the transaction in fiat was $156 for Waffle House but to you the onchain tx was $152.12 how tf is this possible? the card is tied to an EOA (aka your self custody onchain wallet) which sent a total of 152.123292 $USDC with a 0.006337 $USDC gas fee included there is a 5.409249 $USDC credit applied since you earn rewards when using the card from previous purchases that you can claim or use against said transactions the total cost to the user onchain for this $156 transaction was $152.12 if you were to remove the credit the total cost was $157.53 for a $156 transaction that allowed near instant finality without dealing with on/off ramps, rails/banks & their associated wait times/higher fees $1.53 on this $157.53 transaction is a .97% overall fee which is subsidized by 1% to 3% crypto back, therefore at settlement there are no fees realized & you even earn a little kickback instead MetaMask 🦊 Linea.eth Consensys.eth has been working with Baanx Mastercard to change the space for users who want to access their crypto IRL while getting the benefits of holding a credit card/savings account which is really your own self custody wallet onchain "debit" with access to 90 million merchants globally because you as a user are using your own onchain wallet to interface with the card, you are paying in crypto & are provided with an onchain transaction hash to outline the details each time KYC to use the card is required since there needs to be a tie back for proof of humanity/sybil resistance/refunds/failed purchases, yet, you can spin up a fresh undoxxed wallet, there is no credit check, MetaMask does not have access, does not need & does not want to hold any of your information submitted during the sign up process & if any issuer requests more documentation or closes your account you are still your own self custody wallet onchain therefore you are not affected unlike centralized exchanges or other crypto cards or banks that lock you out of your crypto with minimal options the MetaMask Card is not a top up crypto card, it is not a centralized exchange card, it is not a prepaid card, nor is it a credit card; it is a new way to use your onchain crypto instantly anywhere you can use your traditional debit/credit card so, for example, my company pays me in crypto to my own self custody wallet onchain, my wallet is connected to the MetaMask Card as an instant web2/web3 bridge so that i can use my crypto to pay for things, therefore i do not need a traditional bank account + i get rewards + instant access to my funds any time i want without having to touch traditional systems at all THE ULTIMATE WIN 🦊 start using the virtual card now in your Apple/Google Pay or sign up for the waitlist at - there are currently 27 countries supported with UAE/Dubai, Canada, multiple regions in Africa coming by end of Q3 as we are working on full global adoption by EOY listen to the MetaMask Card 🦊 EVERYTHING YOU NEED TO KNOW! space for deeper overviews with myself & Danieljosep.eth ⬇️ got fud? drop your comment below & i will address it! always remember to DYOR from legitimate sources outlined as there are many false claims regarding the MetaMask Card on the timeline from people who have never used it or are just speculating or trolling since they did not read or listen to any of the resources or information that is available to them ARE YOU READY? LFG 🦾

MichaelK.eth

214,950 просмотров • 1 год назад