[BS] DOT #1317 - Treasury Proposal: Merkle Mountain Belts (MMBs)

13zn...P5ju

Terminated 15d 13hrs ago

terminated

Description

https://polkadot.subsquare.io/referenda/1317

Merkle Mountain Belts (MMBs) Proposal Summary

Objective: Develop Merkle Mountain Belts (MMBs), a new data structure to improve Merkle Mountain Ranges (MMRs) used in protocols like BEEFY.
Deliverables:
- A research paper co-authored with Alistair Stewart.
- A Rust library implementing MMBs.
- Integration of MMBs into the BEEFY protocol.
Benefits: Estimated annual cost savings of $1.0-1.4 million for users of bridges like Snowbridge and Hyperbridge.
Timeframe: December 2024 to December 2025.
Funding:
- $506,110 USDC for completion.
- Additional 29,428.62 DOT once savings exceed costs.
- Potential 30% share of savings over 10 years.
Team: Led by Alfonso Cevallos (Ph.D. in mathematics) and Robert Hambrock, experienced in Polkadot development.
Updates: Regular progress reports on ogtracker.io.
Changes: Adjustments made since the original proposal, including deferral of 30% of costs and changes in funding calculations.

Optionssingle

Votes·8

15fT...yBzL

15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL

Nay

# 2

1xzc...1bX6

1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6

Nay

# 2

We have the same concerns has several other Nay voters.

167Y...TY9F

167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F

Nay

# 2

align with Gav comments, even though alistair is/was a core dev...

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Nay

# 2

1ZSP...vx6w

1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w

Nay

# 2

I would like to see more support and validation from the fellowship and technical side to properly evaluate a proposal this large.

12s6...nE8h

12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h

Nay

# 2

14Gn...YLEh

14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh

Nay

# 2

13ED...KQbF

13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF

Abstain

# 3

Unclear on the benefits here.

1

Discussions·0

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1