I'm impressed by how cleverly @MagicNewton combines simplicity and security in its workflow.
1️⃣ The user starts by defining a rule, for example: “Buy 0.1 ETH worth of BTC every Monday if the price is below $70,000.”
2️⃣ This rule is assigned to an AI agent that monitors and detects when the condition is met, all within a secure off-chain environment for better efficiency.
3️⃣ Once the condition is satisfied, the agent generates a Zero-Knowledge Proof (ZKP) to cryptographically prove that the condition has been met.
4️⃣ This proof is then sent to the MagicNewton smart contract, which verifies the validity of the proof on-chain.
5️⃣ If the proof is valid, the smart contract executes the transaction by unlocking funds from a secure module. These funds were pre-approved by the user, similar to how you authorize a DEX to spend tokens on your behalf. The contract will only act if the proof is legitimate.
The agent is responsible for thinking, monitoring, and proving, but not for executing. It sends the validated instruction and proof to the smart contract, which handles the execution on-chain.
It never touches your wallet or private key, and that’s the key innovation behind MagicNewton.