Evaluating protocols, incentive models, and cryptographic primitives across crypto x AI and beyond.
Research Terminal
Research on protocol mechanics, AI systems, and the coordination problems that show up when they meet
Foundations across the crypto market burned over $2.5B buying back native governance tokens under the delusion of returning capital to holders.
SAP treats authorization scope as the cryptographic object between agent identity and execution, letting an agent prove one permitted action under a current policy root without exposing its full permission set.
Stablecoins made execution programmable faster than compliance systems made authorization legible. Once a wallet operation assembles itself from prompts, tool calls, delegated keys, and sponsor logic, the institutional edge becomes an outer ring rather than the decisive gate. This piece maps where compliance moves when that happens, what the strongest minimum architecture looks like for programmable stablecoin flows, and what it still cannot solve.
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One research piece worth reading now
One research piece worth reading now.
SAP treats authorization scope as the cryptographic object between agent identity and execution, letting an agent prove one permitted action under a current policy root without exposing its full permission set.
What You'll Find Here
Evaluating protocols, incentive models, and cryptographic primitives across crypto x AI and beyond.
Calling out flawed economics, emissions, and buyback illusions.
Proving circuits, ZK coprocessors, and verifiability bounds.
On-chain autonomous agents, compute markets, and payment rails.
Smart contract mechanics, liquidity routing, and security tradeoffs.
Order flow dynamics, block production, and validator economics.
Solid engineering and cryptographic primitives flying under the radar.
Notes
Short notes on mechanisms, market structure, and the shifts worth tracking early
Scoped Authorization Proofs keep permission checks narrow by proving one action against one committed policy root instead of exposing an agent's capability graph.
cross Circle xReserve, Safe Guards, Alchemy Modular Account, and Base Spend Permissions, the enforcement surface changes, but the audit problem survives.
Authorization is starting to standardize in agentic payments, but resolution stays fragmented across merchant policy, fraud checks, issuer approval, challenge flows, and settlement.
Topics
Knox coverage, organized by system
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