Maryam Bahrani
@bahrani_maryam
mechanism design researcher @ritualnet - dangerously vulnerable to nerdsniping - prev research @a16zcrypto, trading @ jane street, @Columbia, @PrincetonCS
Today, we stand at a technological crossroad. Crypto and AI are developing rapidly but the infrastructure required to meaningfully integrate them has been missing. Until now. Presenting Ritual Chain: the most expressive blockchain in existence. Let's dive in 馃憞馃У
This thread does a great job with concisely describing the rationale behind multi-dimensional 1559-based fee markets as well as some of its shortcomings in the face of heterogeneous resource allocation within a blockchains
Stoked to share what I鈥檝e been working on for the last year with @n_durvasula at @ritualnet Resonance -- a new fee market for highly heterogenous computation But first, 馃У馃憞on why existing mechanisms such as multidimensional EIP-1559 fail in the presence of heterogeneity
Introducing Resonance: A fee mechanism for a computationally heterogeneous world. Resonance efficiently coordinates payments and allocates network resources even in the presence of highly specialized workloads and complex execution constraints. Joint work with @bahrani_maryam.
Infinitely expressive blockchains are inevitable. @VitalikButerin multi-dimensional fees are the past. Resonance is the future. arxiv.org/abs/2411.11789