“…In a recent series of paper (Lang et al, 2018a;Lang et al, 2018b;Lang et al, 2018c;Lang et al, 2018d) we introduced a Hamiltonian formulation of the renormalization group which is rather close in methodology to density matrix renormalization (Brothier and Stottmeister, 2019;Brothier, 2019;Stottmeister et al, 2020) and projective renormalization (Okołow, 2013;Kijowski and Okołow, 2017;Lanéry and Thiemann, 2017a;Lanéry and Thiemann, 2017b;Lanéry and Thiemann, 2018;Lanéry, 2018;Lanéry, 2016;Yamasaki, 1985) which in turn are based on the seminal ideas of Wilson, Kadanov and Fisher (Fisher, 1974;Wilson, 1975;Kadanoff, 1977). The proposal is motivated by formulations of the renormalization group in the covariant setting (Fisher, 1974;Wilson, 1975;Kadanoff, 1977;Wilson and Kogut, 1974;Peter, 1998) which can be reformulated in Hamiltonian terms using Osterwalder-Schrader reconstruction and in fact gives rise to a natural flow of inductive structures and Hamiltonian quadratic forms (Lang et al, 2018a;Lang et al, 2018b).…”