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> The protocol boast "no fee" but that's deceptive: if it's based upon a blockchain, there will be transaction fees. These days many transaction types onchain
by wbnns 1y ago
> The protocol boast "no fee" but that's deceptive: if it's based upon a blockchain, there will be transaction fees.
These days many transaction types onchain are completely free and subsidized because gas costs are subcent[1].
x402 functions predominantly on L2 networks like Base, where individual tx costs between agents are generally not a factor.
[1] https://www.gasfees.io/ https://www.gasfees.io/
- wmf 1y agoAccording to that site Base USDC fee is 1/8th of a cent. The x402 whitepaper says 1/100th of a cent so I'm not sure what accounts for the discrepancy; maybe Coinbase is willing to subsidize fees in some cases.
- __erik 1y agoGas is variable, but Coinbase currently subsidizes x402 transactions that go through our facilitator