-payment

Farcaster co-founder Dan Romero (who previously joined Tempo) published a post clarifying five misconceptions about MPP. Dan stated that MPP is not only applicable to Tempo, and that the protocol is independent of payment methods, supporting both cryptocurrencies and fiat currencies as well as any blockchain. It has currently expanded to the Bitcoin Lightning Network and there is already a draft for Solana expansion.In terms of usage costs, MPP itself has no inherent fees, and the specific costs depend on the blockchain or fiat channel used; regarding openness, MPP is designed to be simple and scalable, and has been submitted as a Web standard to the IETF.Additionally, MPP supports both Pay-per-request and session-based modes, the latter being suitable for continuous small payments that require API speed; Dan also emphasized that MPP achieves a separation of secure HTTP communication and payment rails, without relying on specific smart wallet implementations or stablecoins.

ChainCatcher news, according to Axios, the micro-payment startup Code has completed a $6.5 million seed round financing, led jointly by M13 and Union Square Ventures (USV). Code is now live, having developed an application for online micro-payments.Code is based on the kin (KIN) cryptocurrency, with Kin's value calculated in thousandths of a penny, designed to make the consumption of small amounts of money very easy. Additionally, the team has released a developer platform and is about to launch a new blogging tool that allows anyone to earn money through writing.