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LLMs Don’t Click Ads Ben Thompson's recent article, 'The Agentic Web and Original Sin', talks about the proliferation of agents on the internet and how this will dramatically skew incentives for content creators. The article theorizes that the old, ad-based revenue models for creators will break. Without a replacement, content creation becomes siloed in walled gardens (Facebook, TikTok etc). Creative energy on the open web dries up, and what’s left is a bleak, increasingly vacant internet....
This weeks newsletter is slightly later than normal. Better late than never! EIP-7702 continued... Last week, I explored how EIP-7702 enables sponsored transactions, a long-awaited Ethereum feature. This week, I’m continuing that exploration, now from the Foundry side. Foundry recently introduced new cheatcodes that make it much easier to experiment with EIP-7702: signDelegation - Sign an EIP-7702 authorization for delegation attachDelegation - Designate the next call as an EIP-7702...
⛽ 7702 Gas Sponsorship Over the weekend I explored EIP-7702 by writing a minimal implementation that stripped transaction creation back to its fundamentals. While Viem does a great job abstracting the low-level details, I wanted to understand exactly what was happening under the hood. You can check out the code here. What did I learn? Once delegated, the code is fixed at the EOA unless it's explicitly re-delegated (requires re-signing auth list entry). Type 4 transactions include an...