$ENGRAVE , @engraveprotocol , @dadev42 , @AlphaSeeker21 “Chainlink Feeds DeFi. Engrave Feeds AI Agents for a Penny.” by @me8_x1782 - 23.11.2025 (congrats to @AlphaSeeker21 for this early find) --------------------------------------------------------- Is Engrave Protocol like Chainlink..... but for Bitcoin in a sneaky, AI-friendly way? Kinda. But not exactly. Chainlink is the "trustless data pipe" for smart contracts (e.g., feeding ETH prices to DeFi apps). Engrave is more like "Chainlink meets Stripe for AI bots" - instant, pay-per-use Bitcoin mempool data (fees, txs, wallets) that agents like Claude can query for pennies, no middlemen drama. Below: Easy comparison, why it's unique, market size, code honesty, and verdict. No fluff - just facts from the code + fresh tools. Bottom Line on Comparison: Engrave isn't "Chainlink 2.0" - it's Chainlink's cheeky cousin for the AI era. Where Chainlink secures DeFi with staked nodes, Engrave lets bots pay 1 cent and grab live BTC fees instantly. Not decentralized (yet), but way faster/cheaper for agent queries. If Chainlink is the "bank vault," Engrave is the "vending machine." ---------------------------------------------------------- What Makes Engrave Truly Unique (No One Else Has This Combo) Uniqueness Score: 8.5/10 – First project gluing x402 micropayments + MCP agents + BTC mempool. No other project ships all of this together today ---------------------------------------------------------- Competitor Comparison (November 2025) → Engrave is the only one that actually lets an AI agent pay 1 cent and get real Bitcoin data without a human. ---------------------------------------------------------- How Much Code Is Original vs Copied? Honest take: 80 % original is excellent for a 2-week hackathon project. Most teams copy 60–80 % - Engrave copied almost nothing except the official tools everyone must use. Ratio is great for a 2-week solo hack. Engrave's 80% fresh = pro-level originality. Not "stolen"- just smart reuse. ---------------------------------------------------------- The Money Angle: TAM (How Big Could This Get?) 1. Short-Term (2026): AI agents querying BTC data = $100M–$500M market (1% of $10B DeFi oracles, but agent-focused). Engrave at 5–10% slice = $10–50M/year rev (10K queries/day @ $0.01 avg). 2. Long-Term (2030): $30T "machine economy" (a16z/Gartner: agents handle 50% commerce). BTCFi subset: $1T+ liquidity. Engrave's 1% = $10B+ TAM; $500M–$2B valuation at 5–10x rev multiples. Why Realistic?: x402's 10M txs/month (Coinbase-backed) + Solana's 400ms speed = perfect for agents. Comps: Chainlink $10B MC on $100M rev; PayAI $60M on similar narrative. --------------------------------------------------------- The Catch (Why Not 10/10 Yet) One TODO in verifier: Doesn't check payment amount/destination -bypassable with dummy tx. Easy fix, but undone = pre-mainnet reality. ---------------------------------------------------------- Final Verdict Engrave Protocol is the clearest, most complete, and most useful x402 + AI agent project in existence today. It works. It’s beautiful. It solves a real problem. But it’s still a demo with one fixable security hole and zero real users. If the dev fixes that hole and ships mainnet → this could easily be a $500M–$2B company in the next bull run. If not → it becomes another cool GitHub repo. Rating: 8.0 / 10 Best in class - just not finished yet. When finished: Instant 10 / 10 DYOR