Menu

Post image 1
Post image 2
Post image 3
Post image 4
1 / 4
0

L402: The Protocol Enabling Machines to Pay Machines

DEV Community·Hannah Rosenberg·26 days ago
#ChBVM4yL
#ai#l402#bitcoin#payments#lightning#service
Reading 0:00
15s threshold

L402 is a protocol for machine-to-machine payments. It allows agents to go out and purchase resources or access tokens to APIs online. If this sounds familiar, you might have heard of it before or of other similar protocols such as X402 or MPP (the Machine Payments Protocol). But in this post, we're talking about L402. A Quick History Lesson The HTTP error code 402, "Payment Required," was originally created back in the mid-90s and held for future use. Then, years later in 2020, Lightning Labs created the L402 protocol. This was originally called LSAT, or Lightning Service Authentication Token, and this protocol made use of this long-dormant HTTP error code. Personally, I think how this works is quite beautiful. And while L402 is token-agnostic, macaroons are recommended and I personally find macaroons to be quite elegant. If you’d like to be convinced that macaroons are quite elegant, check out this post !…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More