Gurnoor Narula

10 followers · 9 following · 723 views

on the atlas — 36

highlights — 32

For long-tail validators, voting costs remain the primary expense, often surpassing their earnings from issuance commissions.
SIMD-228: A Critical Analysis
Its worth noting that the benefit of chunking blobs compounds each hop. Meaning for networks that don't have a lot of hops, chunking will not have as significant increase in rate of distribution. Simultaneously, networks with many hops will see massive increases in speed.
celestia-app/specs/src/vacuum.md at e666c7d38940ef32c475d8347eee301fa91fe327 · celestiaorg/celestia-app
The prioritization logic that determines which VACs are sent to which peer ensure that a high throughput is acheived no matter its topology or no matter how distirbuted that data already is.
celestia-app/specs/src/vacuum.md at e666c7d38940ef32c475d8347eee301fa91fe327 · celestiaorg/celestia-app
The bonded model is more capital efficient since bonds are “reusable” as soon as the intent is completed on the destination chain, even if the settlement oracle takes much longer to finalize.
Across Prime - Paradigm
If the oracle is slow or expensive, there is a simple “optimistic” variation of this design, where the relayer puts down a deposit, and the intent is assumed to be fulfilled unless someone challenges the fill within a certain challenge period.
Across Prime - Paradigm
If the relayer is honest, this model can be very efficient. However, it does not protect the user against a malicious relayer. Additionally, the need to trust the relayer makes it difficult to have multiple independent relayers, which limits competition and scalability. The trusted model may also be exposed to custodial or regulatory risks.
Across Prime - Paradigm
If the relayer is honest, this model can be very efficient. However, it does not protect the user against a malicious relayer. Additionally, the need to trust the relayer makes it difficult to have multiple independent relayers, which limits competition and scalability. The trusted model may also be exposed to custodial or regulatory risks.
Across Prime - Paradigm
Suppose that a transaction sender is willing to pay P in priority fees. To exclude that transaction, a censor would need to be willing to pay the controller of each auxiliary exec block auction P+1 per slot, so they would have to pay (P+1) * N per slot.
State of research: increasing censorship resistance of transactions under proposer/builder separation (PBS) - HackMD
It’s the overall theme of finality, which is the idea that if your confidence interval is less than 100%, that the chain you’re following is the correct chain, and you’re using that chain to select who is going to produce the next block, then once you’ve diverted to an unsafe chain, there’s no clear path back to the correct chain.
Consensus Compare: Casper vs. Tendermint | by Interchain | Cosmos Blog
Thus far, Vlad’s construction of the Casper protocol is the only model which explicitly combats cartel formation with in-consensus censorship-resistant incentives.
Consensus Compare: Casper vs. Tendermint | by Interchain | Cosmos Blog
The reason to not take a pure layer 1 approach is to enable more room for experimentation in execution layers, and allow the base protocol to be simpler and have less intensive governance.
Serenity Design Rationale - HackMD
any needed innovation can happen on higher levels (client implementations or layer 2 protocols)
Serenity Design Rationale - HackMD
So while we like everyone at USV to have strong views, we also like them to concede the point when facts suggest they aren’t actually right.
Strong Views Weakly Held - AVC
Strong views are quite helpful if weakly held
Strong Views Weakly Held - AVC
technological progress is often driven by bubbles, as irrational enthusiasm drives huge amounts of investment in a novel technology far beyond what can be economically justified
The Influence of Bell Labs - by Brian Potter
only way to get the best research was to hire the best researchers they could find and leave them unburdened by directives, instructions, or deadlines
The Influence of Bell Labs - by Brian Potter
creating an academic-esque environment and giving researchers freedom to follow their interests, without necessarily needing to worry about marketable products or immediate profitability.
The Influence of Bell Labs - by Brian Potter
The transistor also demonstrated that “basic” research could result in enormously successful, world-changing products.
The Influence of Bell Labs - by Brian Potter
The naive interpretation of RaaS is actually isolated Sequencers-as-a-Service (iSaaS)
Rollups-as-a-Service Are Going To Zero - Neel Somani
Any system with L1 composable preconfirmations (i.e., preconfirmation of L1 transactions) will likely result in preconfer-builder integration, where preconfer and builder become the same entity.
Strawmanning Based Preconfirmations - Layer 2 - Ethereum Research
The most elegant revenue solution is probably a setup where the value paid to the shared sequencer is less than the additional value gained by sharing a sequencer amongst rollups and getting the benefits of shared security and liquidity.
Maven 11
In all of these cases, we likely need significant bonds (stakes) for builders, especially with the growing work delegated to them. Preferably, a lot of these functions outsourced to them should also be provable on-chain (in-protocol) to ensure fair, robust and correct slashing.
Maven11 Research | The Road To Based Applications
contextual privacy—essentially, contextual discovery. It breaks down the outdated binary of "public versus private," instead mirroring the way privacy works in our everyday lives.
Index Network | Can something be private yet discoverable?
However, a superior risk adjusted dollar yield produced by crypto native sources is the type of product which brings billions of dollars of flows out of the old system, and into the internet system.
Ethena 2024 Roadmap: The Holy Grail: Internet Money — G | Ethena
"If your friend just had surgery, your agent will offer to send flowers and be able to order them for you."
AI is about to completely change how you use computers | Bill Gates
Freedom and privacy of thought: this one is going to become more and more important in the next few decades, as more and more of our activities become mediated by AI interactions in deeper and deeper ways. Barring significant change, the default path is that more and more of our thoughts are going to be directly intermediated and read by servers held by centralized AI companies.
Against choosing your political allegiances based on who is "pro-crypto"
To me, shitty first drafts is a mindset. It's about getting ideas on the page and out of your system, however convoluted or unintelligible they may be.
Ride It to the Sky | Shitty First Drafts
The Democrats’ rejection of crypto/web3 as a counterweight to concentration in the financial sector is a failure of imagination.
Continuations by Albert Wenger : Everything Wrong with the Democrats
Democrats are largely anti innovation (sometimes inadvertently, sometimes on purpose). I am a firm believer in the need for agencies such as the SEC, the FDA, and the EPA, but they require tight mandates or they will stifle innovation.
Continuations by Albert Wenger : Everything Wrong with the Democrats
This reveals a fundamental misalignment of incentives when interacting with Web2 companies, an issue we have begrudgingly accepted due to the perceived benefits their services bring to our lives. However, transplanting this oligopolistic Web2 model onto a technology that is far more influential than social media—and holds the capacity to profoundly influence our decisions and experiences—presents a concerning scenario.
Nirmaan's AI Thesis — Nirmaan
The solution requires (1) sovereign digital infrastructure with a new software paradigm that guarantees trusted code execution with an immutable audit trail; (2) an independent, digital financial system that treats humans and machines alike; and (3) a cryptographic identity model coupled with decentralized communication and reputation protocols.
Artificial Intelligence Belongs Onchain — Placeholder
Starting [at a young age]
Curius / Onboarding