'Intents' Are Blockchain's Big New Buzzword. What are They, And What Are the Risks?

‘Intents’ Are Blockchain’s Big New Buzzword. What are They, And What Are the Risks?


A quiet revolution is underway transforming how we use blockchains, and at its core is one of crypto’s latest buzzwords: “intents.”

Simply defined, an intent is a specific goal a blockchain user wants to accomplish. While no two “intent-centric” systems are the same, they all work similarly: users, be they traders or protocols, submit their intent to a service, and then it is outsourced to a “solver” – it could be a person, or an AI bot, or another protocol – that does whatever it takes to get the job done.

These are becoming important now because blockchains are expanding so rapidly. With Bitcoin, Ethereum, a host of

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