Fast is a payment infrastructure for programmatic transactions that enables AI agents, APIs, and software systems to request, authorize, and settle payments in both cryptocurrency and fiat currency without human intervention.Key features:<ul><li>For AI agents and APIs — provides each agent or service with its own wallet, allowing them to automatically pay each other for resources (computations, data, requests) in real time</li><li>Microtransactions — fees are close to zero, making it economically viable to pay for individual actions ($0.001 per API request, $0.01 per inference)</li><li>Instant finality — transactions finalize in less than a second without waiting states, which is critical for payment tasks that block execution</li><li>Unified SDK (Fast Skill) — developers simply need to call the send() function; the SDK automatically manages keys, signatures, and network interactions, and accepts both stablecoins and fiat</li><li>Blockless and consensus-free network — the base network (Fast Network) processes transactions in parallel with mathematical verification, providing throughput for large-scale M2M payments</li></ul>

2024-07-02 Pi Squared raised $ 12.5 M in Seed round.

Fast (prev. Pi Squared)

Fast is a payment infrastructure for AI agents.

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Pi Squared has announced the launch of its Devnet 2.0 to bring “internet-speed payments” to Web3 and advance its goal of 1 million transactions per second (TPS) by 2026. Related Reading: Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Rally Over? Pi Squared Unveils New Upgrade On Wednesday, Pi Squared, a project behind an infinitely scalable network for internet-speed payments, announced the launch of Devnet 2.0, a major upgrade to its Web3 verifiable settlement...

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Web3 Verifiable Settlement Protocol To Bring ‘Internet-Speed’ Payments With New Upgrade

Cardano founder Charles Hoskinson recently highlighted the achievement in Ethereum’s development. On social media, Hoskinson lauded the ERC-20 token standard, calling it “the best piece of work” in Ethereum’s history. This recognition highlights the crucial early advancement for Ethereum – the ERC-20 token standard. Grigore Rosu, founder of programming language companies, Pi Squared and Runtime […]
The post Cardano’s Hoskinson: ERC-20, Ethereum’s Greatest Technical Feat appeared first on Coin...

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Web3 Verifiable Settlement Protocol To Bring ‘Internet-Speed’ Payments With New Upgrade

Cardano’s Hoskinson: ERC-20, Ethereum’s Greatest Technical Feat