Niraj

Cofounder @ritualnet. Previously GP @polychain, @siebelschool.

[Niraj @niraj]

@matthuang Pt. 2 of the story to come :)

[olaf @zxocw]

10 years ago, polychain was an impossible dream. today i'm thinking of everyone that has made it real: our bold investors, the inspiring founders we have invested in, and the brilliant team i've worked with along the way.

the future is still more sci-fi than you think :)

[Niraj @niraj]

hi

[Niraj @niraj]

@rwitoff @coinbase Congrats Rob!

[Niraj @niraj]

AI is developing its own Eurodollar market.

American labs still create the most valuable intelligence. But its circulation is moving beyond their control.

https://t.co/SK2U69pAjn

[Niraj @niraj]

I am

[Niraj @niraj]

What’s the closest thing to "Cursor for Trading" today?

[TBPN @tbpn]

AI will make religion more decentralized, leading to thousands of new sects with their own sacred texts, rituals, and followers, according to @tylercowen.

"Using an agent, you'll be able to whip up your own religion in less than a day, with rituals, sacred books, and practices. Most won't catch on, but a few will. If half of 1% of the population does this and some of these gain adherents over time, the whole religious landscape looks quite different. I think it will be more diverse, feel weirder, and be less centralized in religious authorities.”

[Niraj @niraj]

Gold : BTC :: Silver : ?

[Niraj @niraj]

ritual

[Niraj @niraj]

If Satoshi's meatspace identity were to be revealed tomorrow, what would happen to the price of Bitcoin?

[IC3 @initc3org]

https://t.co/JZ8k7zkU1U

[Niraj @niraj]

This might be the first time in crypto history where outsiders are more bullish than insiders.

[Akilesh Potti @akileshpotti]

i am once again here to say agent discovery & registry hell is one of the least impactful things to focus on that for whatever reason keeps nerd sniping cracked ppl...most "mid" solutions for it are good enough and "better" solutions barely move the needle

either you:

1) actually take your 'thought experiment' to its sci-fi logical conclusion wrt "autonomous" + "trustless" agents and make them a first class citizen by enshrining the {fdn model, tool use, etc.} components of an agent directly into the chain* (we do this) rather than frankensteining together some off-chain & on-chain stuff as mentioned in 8004 (we did this: infernet)

2) stay grounded in reality & grok how the largest b2b / b2b2c web2 agent startups (sierra, decagon, ...) that are printing real $$$ work. either they're in the camp of single general purpose agent deployed many times or a statically defined computational graph of how specialized agents communicate. this intellectual masturbatory notion of dynamic graphs of agents discovering each other much less useful than you may think if you're in the camp of web2 cos getting real users.

if you're not in this camp, and believe in futuristic settings, then you should do 1).

anything in between is worst of both worlds imo.

*feel free to @ me but your fave L1 today (eth, solana, monad, ...) doesn't allow for enshrined agents. it's also highly non-trivial for them to do this given it's not in line with their fundamental design.

expanding the exec clients' vm to handle fwd passes across oss llms, network calls for tool use, etc. is the easy part.

hard part is bypassing replicated exec in consensus for non-deterministic behavior w/out ~degrading safety/liveness, fee mech, and how to allow for scheduled txs to exist in a way without borking the perf / end UX for regular txs.

wouldn't be possible for us without the gigabrains @noamnisan @n_durvasula @bahrani_maryam and others coming up with some new machinery.

reality is most L1s are an exercise in networking-bound settings...we're in an exec-bound one.

[Niraj @niraj]

@WillManidis https://t.co/SJ3KNhVJcz

[Ritual @ritualnet]

What if market makers could evolve beyond trading?

What if MMs could become the architects of allocating ANY scarce resource in crypto?

New post by @n_durvasula breaks down how to unlock this, align the incentives and achieve fair pricing at scale.

[zac.eth @zacxbt]

official video:
offchain lies (intro to @ritualnet) [prod. @zacxbt]

[Niraj @niraj]

@dberenzon agreed

[Niraj @niraj]

ritual

[Niraj @niraj]

@El__khalil @ritualintern @ritualnet @token2049 “Greater love has no one than this, that someone lay down his life for his friends.” -John 15:13