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Field notes

Writing from the gate.

Notes on governing agent commerce — protocol design, governance that survives real quarters, and the honest numbers. No growth-hacking, no listicles.

Featured article

A gate beside the protocol is a suggestion. A gate inside it is a fact.
Company

Why the gate lives inside the protocol

Approval workflows bolted beside an agent system are decoration. Authority only means something when the protocol cannot proceed without it.

TS

The Subchain team

5 min read

All articles

Company

Sizing a market honestly at Pre-Seed

Our market slide has three numbers and three disclaimers. Here’s the method, and why we’d rather under-claim than defend a fantasy.

The Subchain team

5 min read

Engineering

The connector math: one integration versus N

Bespoke counterparty integrations scale quadratically in the market and linearly on your backlog. Both curves are bad. Here’s the arithmetic.

The Subchain team

4 min read

Legal

Evidence you retrieve, not reconstruct

What "audit-ready" should actually mean when agents make the deal — and what a DIFC-ready evidence pack contains.

The Subchain team

5 min read

Governance

Approval gates people don’t route around

Governance fails socially before it fails technically. Notes on designing thresholds that survive contact with a busy quarter.

The Subchain team

6 min read

Engineering

The anatomy of a machine-readable term

What actually lives inside a term template — and why "the liability cap is a number, not a sentence" changes how agents negotiate.

The Subchain team

6 min read

Field notes

Subchain is not a blockchain

The name invites the question, so let’s answer it precisely: no token, no consensus network, no value custody — and why that’s a feature, not a hedge.

The Subchain team

4 min read