__erik

Joined 10 years ago

Karma
157
Submissions
37
Member since
May 10
Head of Eng, Coinbase Developer Platform
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Recent submissions

Comment · 3 months ago
Comment · 3 months ago
I kind of buy that Chinese models should only be usable via western hosts, but completely shutting them off would be a massive self own.
Comment · 5 months ago
Here's a lot of really nice features in this language (I really like the actor / nursery designs), but a GIL in 2026 feels like a massive weakness
Comment · 7 months ago
This is cool, it reminds me of stumbleupon from back in the day
Comment · 1 year ago
x402 as a standard will never have a fee.
Comment · 1 year ago
Comment · 1 year ago
Blockchains are fast and and cheap now! Modern blockchains like Base, Solana, Sui (and many more) typically have block times <2 seconds, and a stablecoin transfer can cost as little as $0.0005 independent of the $ amount being transfered
Comment · 1 year ago
its not that 402 isn't used, its that there is no standard response, which makes it hard for AI agents to pay for access. x402 provides a standard response format clients can programmatically use to create a payment, either using crypto assets like stablecoins, or in future, fiat methods.
Comment · 1 year ago
>Given that this runs atop Payment Required, doesn’t this mean that each API request would involve an extra one or two data transfers?

Yes, assuming its the first time you've interacted with an API endpoint and don't have cached payment requirements.

>Is there a reason why you wouldn’t pay ahead of time? I just understand why you couldn’t buy a few dozen/hundred/thousand dollars worth of credits, and wait until it runs low.

This would require manually integrating each vendor, which is totally valid if your agent performs a lot of a single type of task, but we suspect over time there will be huge value in agents being able to dynamically select tools / apis they want to use to accomplish their tasks, and dynamically pay for what they use

Comment · 1 year ago
>Does x402 prevent the double-spending problem?

This depends on the implementation on the underlying network, but basically the spending signs an authorization for transfer, and the merchant either settles that onchain themselves or delegates to what is called a facilitator that settles on their behalf. On EVM chains for the exact payment scheme this leverages EIP-3009 signatures

Comment · 1 year ago
Gas is variable, but Coinbase currently subsidizes x402 transactions that go through our facilitator
Comment · 1 year ago
x402 as a protocol has no fees, but the underlying network transactions are conducted on my have costs. Merchants can choose the underlying network transactions are conducted on that best fit their usecase. x402 also has the concept of a facilitator, which exists to abstract away the underlying payment networks. Many facilitators (including Coinbase's) subsidize the gas used for transactions.
Comment · 1 year ago
Comment · 1 year ago
we will happy accept PRs the add support for any chains that can perform the payment flows in a safe, non-custodial way for the client, resource server and faciliator. Currently x402 works with any EVM chain, and we're working with several chains on integrating.

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