Howy รีทวีตแล้ว
Howy
56 posts

Howy
@howydev
eng @tempo, prev: @ithacaxyz @alchemy
nyc เข้าร่วม Eylül 2023
389 กำลังติดตาม201 ผู้ติดตาม

@StackDigest Yup, but it’s not a big lift to fork + remove that check. The purpose is anti footgun, similar vibe as to check if transfer recipient is address(0)
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Howy รีทวีตแล้ว

Every ad impression, every recommendation algorithm, every retargeting pixel — all of it monetizes the space where human intent is unclear.
Agents collapse that space to zero.
An agent arrives with a mandate. Get me X. Budget Y. Constraints Z.
- No attention to capture.
- No desire to manufacture.
- No conversion funnel to optimize.
That's a different customer. And it needs a different internet.
- The attention economy monetizes the path to intent.
- The intention economy monetizes the *fulfillment of intent.*
At @tempo been building the protocol for that second economy — the Machine Payments Protocol, with Stripe, supported by Visa and others. Open source, designed for IETF standardization.
I wrote the full piece on what the intention economy looks like and why the infrastructure for it doesn't exist yet 👇
Simon Taylor@sytaylor
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Howy รีทวีตแล้ว
Howy รีทวีตแล้ว

🧵 Tempo Architecture Deep Dive
@tempo is a payments-first L1 built for stablecoin transactions, whose testnet has launched a few weeks ago.
There are so many native features, but how will be the UX? What's the disadvantage?
In this thread, I'll break them down. 👇
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Howy รีทวีตแล้ว

Tempo’s testnet is live!
Any company can now build on a payments-first chain designed for instant settlement, predictable fees, and a stablecoin-native experience.
Tempo has been shaped with a wide group of partners validating real workloads including @AnthropicAI, @Coupang, @DeutscheBank, @DoorDash, @Lead_Bank, @mercury, @nubank, @OpenAI, @Revolut, @Shopify, @StanChart, and @Visa.
Since our announcement, @brexHQ, @Coastal, @crossriverbank, @deel, @faire_wholesale, @Figure, @GustoHQ , @Kalshi, @Klarna, @Mastercard, @Payoneer, @withpersona, @tryramp, and @UBS have also joined as design partners.
Dedicated payment lanes, stablecoin gas, deterministic finality, a built-in stable asset DEX, and programmable smart accounts are all live on testnet.
If you’re building or modernizing payment flows, you can start integrating and testing today.
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Howy รีทวีตแล้ว

Excited to share that the @ithacaxyz odyssey continues at @tempo!
We will accelerate Tempo’s mission towards real-world crypto adoption while further stress-testing and optimizing our existing open source stack for the entire crypto ecosystem.
Thank you for the trust, onwards.

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Howy รีทวีตแล้ว

3 mainnet x-chain demos of using Porto in DEXs in Safari mobile.
Self-custodial, no passwords, no extensions, cross-app, cross-device.
Batching, sponsorship, state of the art gas costs, 1-click interop and so much more.
1/3 @Uniswap:
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Howy รีทวีตแล้ว

@joalavedra @gakonst @openfort_hq (Fun fact - I used to work at alchemy before ithaca, so I worked on both benchmarks referenced 😀)
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Hmm, it’s an AA solution benchmark based on feature set. Also, our accounts are: 7702 delegation to a 7702proxy to an implementation, which is architecturally less efficient than the create2 SCAs we’re benching against. The 4337 accounts are rly optimized, our cost gains comes mostly from our ground up redesigned entry point around cost
Alchemy’s MA v2 and ZD kernel uses EP 0.7
Webauthn - depends on whether the network has 7212 but everyone uses the same webauthn verification libs, so the cost delta will be the same
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@joalavedra @openfort_hq Congrats on the launch!
Something here confuses me - why is a uniswap swap cheaper than an erc20 transfer?
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@Agusx1211 @gakonst @jamalavedra That makes sense
My biggest concern is reliability tbh, finding a grief vector against simulation is essentially now a DoS vector. Are there ways to guard against this?
+1 on the sequencers running 5189 txs also, that makes a lot of sense to me as the end game of AA
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yes that's a real risk for the relayer, if it happens, is up to them (or up to the endorser maintainer) to fix it
I am not too concerned about that tbh, relayers don't hold huge quantities of live funds, even if they get rekt they can quickly recover, no user funds at risk, etc
on the flip side with the entrypoint you always pay "the cost" for every transaction
I am willing to bet that in the long run, even if a few 5189-like relayers get rekt, it would still have been cheaper than always paying for entrypoint overhead
and my thesis is that eventually sequencers themselves will become 5189 actors, and at that point you no longer have that risk, because the sequencer controls atomicity
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That makes sense
One of my concerns in these type of systems is “zero cost griefs” - a way for some malicious actor to create txs that pass simulation but fail on-chain, costing the attacker nothing. They then replay this to drain the relayer (or the relayer pauses relaying, which is also bad)
Currently, the EntryPoint (or our orchestrator) prevents that from happening by limiting what can happen in validation
Curious how you think about this in the non EP system?
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@howydev @gakonst @jamalavedra yep, the payment transaction is atomic with the rest of the bundle, so if that fails, everything gets rolled back
but the relayer still has either to "inspect" the payload or straight up simulate to ensure it won't get griefed
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