A Treatise On Multichain Settlement - Rachin Kalakheti

In this episode of Deeply Intents, we sit down with Rachin Kalakheti, founder of Twine. We discuss Rachin's background, growing up in Nepal, his natural curiosity, and making his way to Stanford University. Rachin then breaks down multichain settlement — we discuss Twine's ultimate design, define settlement layer, breakdown the nuances of reorgs, decentralized sequencing, light clients, and application use cases in the multichain settlement context. Later, we discuss Rachin's end goals for Twine in the context of changing the world with stable coins and payments on crypto rails. In the final segment, we discuss the nuances of token design and open experimentation. Timestamps (00:00) - Origins(05:27) - Twine origins(08:44) - Studying CS is Nepal(10:40) - Stanford(16:03) - Natural Curiosity(20:16) - Latency is business, research, and building(24:17) - Multi-chain settlement & Twine(27:27) - ZK Rollouts(29:25) - Defining Settlement Layer(36:11) - Re-orgs in multi-chain settlement systems(39:20) - Canonical state(43:00) - Twine's Ultimate Design(50:52) - Decentralized sequencing(55:39) - Ordering policies(1:00:00) - Adding light clients(1:01:45) - Applications and use cases(1:04:32) - Permissionless asset creation(1:08:15) - Replacing centralized exchanges(1:11:11) - End goals(1:14:57) - Changing the world(1:20:17) - Protocol-Token unbundling(1:24:22) - Open experimentation(1:29:10) - Founder led communications  DisclaimerNothing in this episode should be interpreted as financial, technical, or legal advice. The host does contract work for Heliax, a public goods laboratory, focusing on Anoma.