Note sull'episodio
Join hosts Alec and Jack on an exciting episode of Untangling Web3 as they explore the world of micro-payments and their transformative impact in the realm of Web3.
Discover the origins of micro-payments, their fascinating history, and the challenges they face within traditional payment systems. Delving into history, our hosts trace the roots of micro-payments from Web1 to the groundbreaking introduction of the "payment required" status code (402). They uncover how traditional payment systems often hinder micro-payments due to fees and unnecessary intermediaries. It's time for a change!
Enter Web3, where Alec and Jack reveal the immense potential of micro-payments. Thanks to peer-to-peer transactions through blockchain technology, Web3 offers an ideal environment for micro-payments to thrive, unlocking new economic models and opportun ...