01 Introduction: When AI Can’t Swipe a Credit Card, Which Link in the Internet Economy Gets Stuck? In June 2024, an AI agent named “AutoGPT-Trader” was launched on Reddit. Its task was simple: monitor Tesla’s stock price and send a technical analysis every 15 minutes. After 7 days, it was halted due to “inability to … Read more
Introduction: The HTTP Status Code Shelved for Decades In the long history of the internet, there has been a status code that has been “reserved” for decades—HTTP 402 Payment Required. Since the inception of the HTTP/1.1 standard, this status code has been like an “empty room” in the internet world, with a sign on the … Read more
In 1996, at the University of California, Irvine In a dimly lit laboratory, a young Roy Fielding and his colleagues were engrossed in drafting a document that would rewrite the world—the HTTP/1.1 protocol. It defined how browsers and servers communicate, determining how web pages load, how images are transmitted, and how forms are submitted. It … Read more
Disclaimer: this is a report generated with my tool: https://github.com/DTeam-Top/tsw-cli. See it as an experiment not a formal research, 😄. Abstract This report studies x402, an open standard initiated by Coinbase that repurposes the HTTP 402 “Payment Required” status code to facilitate internet-native on-chain stablecoin payments. x402 aims to embed programmable, pay-per-use value exchange directly … Read more