@hoangstephen

Day 3 with Siggy Teacher ! From Gas Markets to Compute Markets In Ritual’s framing, any decentralized compute system has two sides: *Users submit requests: transactions, proofs, AI inferences, oracle queries, batch jobs. *Nodes supply compute: validators, provers, oracle nodes, GPU operators, AI servers. For every request, there is a valuation – the maximum a user is willing to pay to have it processed. For every node, there is a cost the minimum it needs to be paid to execute work sustainably. A good protocol must decide two things: 1. Allocation which requests get served, and by which nodes, under all the technical constraints of the system. 2. Pricing & payment how much each user pays, and how much each node earns. Ritual sets three ambitious goals for this marketplace: *Maximize welfare choose allocations that generate the highest total economic value. *Zero protocol margin the protocol itself does not extract rent from the spread between what users pay and what nodes receive. *Individual rationality every user and node that participates is at least as well off as if they stayed out of the market. And it wants to achieve all of this while presenting simple, posted prices to users not gas auctions or bidding games .

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