curious gurnoor

Apr 7

beware of tokenizing everything

Chasing the goal of tokenizing every “real-world” asset relegates blockchains as secondary ledgers of truth rather than fulfilling their greater potential as the foundation for the future of internet finance. The attempt to tokenize everything is futile because we are in the business of developing net-new financial products that take advantage of being onchain rather than replicating existing assets. Furthermore, we should tokenize assets that supply some inherent value in being onchain - ass...

curious gurnoor

Nov 21

let's build something people can use

Thanks to the Placeholder investment team and Tim Robinson for the discussions here, our conversations inspired some of these takeaways. Programmable and verifiable on-chain actions should make applications easier, more intuitive, and safer to use for consumers since they remove any ambiguity that is associated with human middlemen. However, we consistently see the opposite result, as is evident by how infrastructure-heavy the industry is. The reason web3 is harder, less intuitive, and percei...

curious gurnoor

Dec 18

flexible programmable sequencing

Much of this piece is inspired by and, in part, a reflection of "SoK: Cross-Domain MEV" by Conor McMenamin. There is an obvious rise of shared sequencers, settlement layers, and superbuilders. This shift has brought the concept of cross-chain extractable value to the forefront, challenging us to quantify and mitigate its impact across multiple domains. I wanted to utilize this piece to document and discuss some key learning from Conor’s piece, “SoK: Cross-Domain MEV”. One of the most pressing...