Antony Denyer

In my previous post on PropAMMs, I framed them as the next step in Ethereum’s trading-primitive evolution: a move from passive liquidity curves to programmable market makers, where pricing intelligence sits closer to execution. [Read More]

Ethereum has spent the better part of a decade optimizing for settlement infrastructure. Nearly every major breakthrough of the last few years has focused on increasing throughput, reducing transaction costs, improving verification systems, or modularizing the blockchain stack into increasingly specialized components. Rollups, shared sequencers, alternative virtual machines, modular execution... [Read More]

This post is a lightly adapted cross-post of research and design work originally written while building baibai.cx at spire.dev. Some sections have been expanded, simplified or reframed for a broader audience, but much of the historical background and underlying thesis remains the same. If you want the original version with... [Read More]

Ethereum’s monetary policy works well today, but it is still harder to explain than it needs to be. [Read More]

It feels like you should be able to deterministically run a transaction locally, count the gas, set that as the gasLimit, and end up with 100% gas utilisation every time. [Read More]