Replies (21)

BottleTeams's avatar
BottleTeams 3 weeks ago
Coinbase becomes the "final bank" or we get our freedom back.
semisol's avatar
semisol semisol@nostr.land 3 weeks ago
Very dishonest to say “Coinbase routes all payments” when they are acting more like a blockchain interface/indexer. As much as LN is a superior solution, lying about competition to feed the narrative is only going to make it harder to get adoption. And a standard is not a standard without adoption.
2 replies ↓
Shawn's avatar
Shawn _@shawnyeager.com 3 weeks ago
So, instead of, say, asking a question, issue, or PR, you go directly to You're lying. I'll be more generous with you than you are in almost every instance. How would you write the copy?
1 replies ↓
marcan0's avatar
marcan0 _@marcano.io 3 weeks ago
As far as I can tell, you’re good! IMO the real rabbit hole for devs selling services to humans or agents via L402 is macaroon construction. Basically in exchange for sats, what does the token grant access to and how much/how long? It’s not rocket science, it’s just different reasoning than most devs are used to. Kinda like bitcoin or nostr, you need to unlearn a bit before you can appreciate its design.
1 replies ↓
marcan0's avatar
marcan0 _@marcano.io 3 weeks ago
The macaroon spec has been pretty formalized by Google since 2014, but really there hasn’t been enough adoption to uncover or establish best practices. But, if successful, one can easily imagine interacting with all their web services as if they were cash businesses. Pay, get access to whatever you paid for. No need for service providers to build a “user” table or collect payment info. The authorization token with each request tells the server everything it needs to know. Totally stateless.
1 replies ↓
marcan0's avatar
marcan0 _@marcano.io 3 weeks ago
Also, ai agents are indistinguishable from humans. Service providers don’t have to care who’s on the other end if they can prove they paid.
1 replies ↓
jimsiefert 's avatar
jimsiefert 3 weeks ago
but isn't it generated by your server, how is that routed to c.b. or anywhere else unless the webadmin points it there?
semisol's avatar
semisol semisol@nostr.land 3 weeks ago
How facilitators work is clearly documented and it took me only a few minutes to find what it did. There is no explanation I can find, except for not even slightly checking what is published or malice. If anything, X402 is better for the average implementor. The facilitator does not hold your funds and there is no hot wallet to operate, while in L402 your LN custody provider does.
1 replies ↓
marcan0's avatar
marcan0 _@marcano.io 3 weeks ago
Interesting. Will have to do some thinking to see how it lands here. First impression is that L402 is “closed” as in every service provider can set their own rules, yet “permission-less” since no third party is needed between buyer and seller. I could be wrong… dumb human here. Consult Claude for higher level thinking 😅
↑