TL;DR #004 - Intent

In this post, I will only provide an introduction to Intent and its risks. Resources used: Lagrangian Intent Research Introduction Today, we have two ways to interact with a Blockchain: By using a centralized exchange, we delegate the control of our keys and funds to third parties. This provides a better user experience, but we do not retain any sovereignty. Self-custody and self-interaction with the blockchain: We maintain control of our keys and initiate our blockchain interactions. We must be prepared to navigate a jungle, which entails higher risks of scams, but it also allows us to retain our sovereignty. Well, Intents are in between. You keep your sovereignty, but you enable “how much I accept to delegate to third parties”. ...

November 1, 2023 · 3 min · 594 words · cleminso