GoPlausible reports 99.34% payment success and 0.4s settlement for its x402 facilitator on Algorand
Covered by 2 sources
GoPlausible published performance statistics for its x402 facilitator running on the Algorand blockchain: a payment success rate of 99.34% and a settlement time of 0.4 seconds. Transaction costs are $0 for merchants and $0.0001 for buyers, regardless of transaction size.
The Algorand Foundation acknowledged the figures the following day, noting that the data demonstrates the utility of the chain in the payments sector.
Sources that covered it
@marcvl If you ever doubted that blockchains are the future of payments, look at these stats from @Algorand's production x402 facilitator by @GoPlausible: Payment success rate: 99.34% Settlement time: 0.4s… @AlgoFoundation RT @marcvl: If you ever doubted that blockchains are the future of payments, look at these stats from @Algorand's production x402 facilitat…
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