Niraj

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

[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

[artsch00lreject @artsch00lreject]

God grant me the serenity to accept the things that are so over, the courage to say fuck it we ball, and the wisdom to know when we are so fucking back

[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

[Niraj @niraj]

@ArshanKhanifar @JacobPPhillips @tarunchitra @ritualintern @sanlsrni wrong number

[Niraj @niraj]

@ritualintern wyd for halloween

[Niraj @niraj]

@JacobPPhillips @tarunchitra @ritualintern @sanlsrni yo jacob phillips i thought i told you not to tell people i used to be an intern

[Niraj @niraj]

@tarunchitra @ritualintern @sanlsrni he'll always be an intern in my heart

[Niraj @niraj]

@ChaseLochmiller @CrusoeAI @MubadalaCapital Congrats!

[Niraj @niraj]

heard the market is down

maybe we should begin some Rituals

[ritualintern @ritualintern]

ethereum gave us programmable money, ritual gives us intelligent money. do with this what you will

[Niraj @niraj]

business opportunity: an AI insurance company.

when we have humanoid robots in our homes, eventually they're going to hurt someone.

AI companies are exposing themselves to massive risk. a wrongful death lawsuit nets you something in the realm of $20M. openAI can pay it, but smaller companies can't.

hire AI engineers and researchers to act as technological actuarial scientists, price the risk of harmful events, build asymmetric coverage that protects the company and the consumer.

[Niraj @niraj]

Grateful to have led the seed for @Polymarket back in 2020.

@shayne_coplan went through a true hero’s journey turning prediction markets from a theoretical ideaspace into consensus reality.

The world is beginning to mirror the markets…

[Polymarket @Polymarket]

We are excited to announce that Intercontinental Exchange (ICE) — the parent company of @NYSE, is making a $2b strategic investment at a $9b post-money valuation.

Together, we’re building the next evolution of markets.

A special thank you to all those who have supported us till now.

This is just the beginning 🦅🔮

[Niraj @niraj]

Visited @thenetworkstate in Malaysia today.

Has that early Ethereum energy – you can tell something important’s forming.