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Reviving Microtransactions: The HTTP 402 Standard
This chapter examines the unfinished HTTP 402 status code and Coinbase’s initiative to create an open-source payments protocol for microtransactions. It discusses the implications of integrating stablecoins with various networks and highlights debates within the Bitcoin community about transaction legitimacy. Additionally, the chapter introduces Unichain’s innovative block system and underscores the importance of liquidity in the Ethereum ecosystem.
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