Notes on the nature of Intent-Based Markets. In this blog, I discuss the work “An Analysis of Intent-Based Markets” by Tarun Chitra, Kshitij Kulkarni, Mallesh Pai, and Theo Diamandis. Intents have been touted as a way of expressing generalized transactions on blockchains. Intents allow users to express transactions with a set of conditions or covenants, and only if these conditions are met can the transaction be executed. Today, the most common sort of transactions on blockchains are “swaps” ...

Notes on the nature of Intent-Based Markets. In this blog, I discuss the work “An Analysis of Intent-Based Markets” by Tarun Chitra, Kshitij Kulkarni, Mallesh Pai, and Theo Diamandis. Intents have been touted as a way of expressing generalized transactions on blockchains. Intents allow users to express transactions with a set of conditions or covenants, and only if these conditions are met can the transaction be executed. Today, the most common sort of transactions on blockchains are “swaps” ...