Archive
14 articles published in this period.
Story raised $140M to make IP programmable for the AI era. We read its chain: 6.46M registered IP assets, 230,300 licenses ever minted, one week of royalties totaling $10 — plus the LAP/LRP royalty math and the precompile at 0x0101 that computes the graph.
The Elliptic benchmark made GNNs the default for on-chain AML. A 2026 leakage-free re-evaluation flips the script: random forests win by 13 F1 points, randomly rewired edges beat the real graph, and every model falls off a cliff at time step 43.
The gradients never touch the chain. What Solana actually stores when Psyche trains a 36B model across 24 nodes, how TOPLOC audits untrusted GPUs in 258 bytes, and why the flagship 'decentralized' model still shipped from a 512-GPU cluster.
Intent-based DEXes don't route your trade — they auction it. Solvers compete as autonomous optimizers to settle a batch at one clearing price. Inside CoW Protocol's contract, the optimization problem, and the metaheuristic solvers now winning it.
zkML costs 1000x, optimistic schemes cost a challenge window. Hardware attestation verifies AI inference at under 7% overhead and ~$0.26 on-chain — if you're willing to trust Intel. Part 3 weighs the third leg of verifiable inference.
World Chain reserved top-of-block space for verified humans while 382M smart-account ops poured in. We read the Semaphore tree on Ethereum — 17.59M identities, hourly batches at ~3,300 gas each — decode PBH's month-stamped nullifiers, and find the human-only lane sitting almost empty.
An autonomous agent can't sign up for an API key or swipe a credit card. x402 revives HTTP 402 and settles in gasless USDC — here's the EIP-3009 handshake, the facilitator trust model, and where prompt injection breaks it.
Bittensor let AMM prices decide which AI subnets earn 3,600 TAO a day — until a memecoin subnet gamed the formula. Inside the TaoFlow upgrade: the constant-product math that got exploited, the EMA flow accounting that replaced it, and why refundable manipulation is the design smell to hunt for.
FHE left the lab: confidential ERC-7984 tokens settle on Ethereum for ~$0.09 in gas, with 48,000 transfers since December. We dissect a live encrypted transaction, the 13-node MPC committee underneath, and why encrypted inference is still 11 seconds per token.
ERC-8004's agent registries went live in January. We read them straight off the chain: ~90,000 registrations across Ethereum and Base, a $0.003 ERC-4337 registration dissected — and a reputation registry already farmed with vouch spam.
We pulled a live x402 settlement off Base: a $0.013 USDC transfer relayed by a facilitator wallet with a nonce past 1.7 million, at an 11% gas-to-value ratio. What on-chain evidence and 100M transactions actually say about the agent economy.
Render just voted to route 60,000 Salad GPUs' payments through a token burn; Akash auctions its 234 GPUs per-block on-chain. Two opposed pricing mechanisms, live H100 quotes, and the burn-vs-emission math the equilibrium story skips.