Notes on the nature of Intent-Based Markets. In this blog, I discuss the work “An Analysis of Intent-Based Markets” by Tarun Chitra, Kshitij Kulkarni, Mallesh Pai, and Theo Diamandis. Intents have been touted as a way of expressing generalized transactions on blockchains. Intents allow users to express transactions with a set of conditions or coven

Towards a Proof-Based Future - Written with 0xkrane. Introduction Blockchains are globally distributed ledgers that come to a consensus over a global state. Some blockchains come equipped with a Turing-complete execution environment that enables programmability on top of this global state. Programs that target blockchains’ execution environments ar

The unprecedented rise of Large language models (LLMs) has seen a quick adoption of its technology in various spheres. While language models and transformers have been used before for Google Search, translation, and sentiment recognition, ChatGPT can be credited for bringing the transformer architecture and LLMs to the forefront of public attention

Towards unlocking a new class of applications. Not the compute we need, but the compute we deserve, Decentralized apps face limitations in performing complex on-chain computations due to Ethereum's restricted processing capabilities. As a result, we've seen many DeFi protocols move components like order books and risk systems off-chain. This points

A reminder of progress and problems unsolved. We’ve come a long way since the first time I wrote this list in Jan 2022. It has been inspiring to see the space proliferate and build extremely interesting infrastructure for the future of crypto, but we have a long way to go. I believe that having an open list of problems is a good reminder of progres

Getting to know about an ~~~intense~~~ intent-centric world & some other thoughts. Intents have been slowly getting popular in the research discourse in the crypto space, and the concept is being built upon by various protocols like Anoma, Essential, etc. This article is meant to be a primer to the various views, ending with what an intent reso

Upgrading our Fee Markets to the final form. In this blog, I explore “Dynamic Pricing For Non-fungible Resource: Designing Multidimensional Blockchain Fee Markets.” https://twitter.com/buffalu__/status/1630589018688884737?s=20 A natural thing to wonder while viewing this tweet is wondering about the waste of resources and compute. A subsequent ques

Exploring the second part of the Theory of MEV. :D Blockchain systems rely on decentralized networks of participants to maintain a global shared state and execute transactions (in the case of ethereum, validators). A core challenge is dealing with varying incentives and strategic behavior by different network participants. In particular, validators