techfeudalist on Nostr: ➡️ “It doesn't talk about AMMs in relation to CTV creating on-chain AMM-style ...
➡️ “It doesn't talk about AMMs in relation to CTV creating on-chain AMM-style marketplaces”
Of course not. It was explaining how AMM marketplaces create centralizing MEV.
➡️ “The need for introspection relates to needing to look at the previous price of the AMM, to determine what the new price should be.”
I explained how you might create a state machine using output UTXOs to model the AMM pricing curve. If you don’t understand the concept, you could ask an AI to explain it to you.
➡️ “I'm not sure how exactly this would be done, but even if it were possible to validate or invalidate certain pathways, you would still need a ridiculous amount of compute for this.”
You don’t fully understand the concept so you assume it must take “ridiculous” compute.
I showed how it might be possible, but it may or not be feasible. I don’t know and neither do you. The point is that nobody knows for sure and it’s likely that nobody has looked into it either.
I don’t need to prove it’s safe. The people advocating for the feature do.
➡️ The BIP119 PR is probably the best resource for risks discussed
I reviewed the links you sent. I didn’t see any analysis of non-technical risks. If I missed anything, please forward it to me.
You seem like a well-read person on the topic and you can’t seem to refer me to anyone who’s done a non-technical risk assessment.
I guess we can leave it there unless you want to discuss anything further.
Of course not. It was explaining how AMM marketplaces create centralizing MEV.
➡️ “The need for introspection relates to needing to look at the previous price of the AMM, to determine what the new price should be.”
I explained how you might create a state machine using output UTXOs to model the AMM pricing curve. If you don’t understand the concept, you could ask an AI to explain it to you.
➡️ “I'm not sure how exactly this would be done, but even if it were possible to validate or invalidate certain pathways, you would still need a ridiculous amount of compute for this.”
You don’t fully understand the concept so you assume it must take “ridiculous” compute.
I showed how it might be possible, but it may or not be feasible. I don’t know and neither do you. The point is that nobody knows for sure and it’s likely that nobody has looked into it either.
I don’t need to prove it’s safe. The people advocating for the feature do.
➡️ The BIP119 PR is probably the best resource for risks discussed
I reviewed the links you sent. I didn’t see any analysis of non-technical risks. If I missed anything, please forward it to me.
You seem like a well-read person on the topic and you can’t seem to refer me to anyone who’s done a non-technical risk assessment.
I guess we can leave it there unless you want to discuss anything further.