[BS] DOT #1541 - Polkadot Storage Phase 3

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13zn...P5ju

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Description

https://polkadot.subsquare.io/referenda/1541

Polkadot Storage has a new long-term plan to improve their storage system. They have completed 90% of phase 3 and are testing it in a private testnet. They will soon move to a public testnet and work on integrating it with the mainnet. Here are some of the new ideas they have for phase 4:

Jam Integration: They want to use their storage for Jam DA resupply and let any Jam Service use their long-term storage.
Light weight proof system: They want to offer a cheaper and lighter proof system for users who don't need strong guarantees.
Replication: They are working on moving from full replication to something like Erasure coding for better efficiency.
Legal: They are exploring responsibilities and liabilities when dealing with toxic data.
Economic model: They are researching the best numbers for slashing, storage costs, retrieval costs, and pricing to be competitive with centralized solutions. They also want to allow the use of restaked DOT.
XCM: They want to expose the storage so that other parachains can store data.
Marketplace model: They are thinking of the storage layer as a marketplace that gives access to all forms of competing centralized and decentralized storage.

Overall, they want to turn this into a proper storage product and build applications on top of it. They are excited about the potential and attention on storage lately.

Appendants

5d ago

🟢 6 • 🔴 1 • ⚪️ 3
Vote #1: AYE
10 available members.
No CoI reported. DV delegation exercised.
https://polkadot.subscan.io/extrinsic/26041646-3
https://polkadot.subsquare.io/referenda/1541#6

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131M...PwQB

Hey everyone, when reviewing this proposal please take into consideration these thoughts by Pierre Aubert, Vp of Technology at Parity. https://polkadot.polkassembly.io/referenda/1541#hZnT7Vhz6uxvLWWNY2mU

12Hi...E9N3

Hi @Eiger , the link you've posted is broken FYI.

12Hi...E9N3

My main concern with this proposal, and the previously rejected one, is that I'm starting to see a trend with teams that a providing very fundamental on-chain services to the ecosystem which are almost completely bankrolled by either DF grants and/or the treasury in their building phase. Once they've got a product rolling and then become embedded in the ecosystem, the treasury is continuously drained further and is charged for services provided. Since the initial investment from the treasury is so high, and I'm assuming that some of the cost involves purchasing equipment, is there a plan or consideration for either repayment of the initial funding or** at least **a 5 year costing breakdown for the services to be rendered in the future?

131M...PwQB

https://polkadot.polkassembly.io/referenda/1541#hZnT7Vhz6uxvLWWNY2mU

@The Ionian Fixed the hyperlink, the url text was correct so it could be copy pasted.

I think your point is fair but I wouldn't say it applies in this case. We are writing the code, building the infrastructure but we are not providing a service, we can't make money off this. We are extending the protocol, adding storage to Polkadot and we are not creating a new token so we don't have a way to make money, we want DOT to be used exclusively so it adds to the utility. Storage providers will charge for their storage but we are not them, we are just writing the code.