[MS] DOT #1383 - Ideal Network: The Randomness Layer for Polkadot's World Computer

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13zn...P5ju

Terminated 30d 19hrs ago

terminated

Description

https://polkadot.subsquare.io/referenda/1383

The Ideal Network (IDN) is a randomness infrastructure for Polkadot, created by a team from the Polkadot Blockchain Academy.
Polkadot lacks a good randomness solution, which can lead to security risks and high costs.
IDN will provide a trustless randomness layer with features like timelock encryption and smart contract integration.
It is supported by Web3 Foundation, NIST, and the University of Colorado.
Projects like Asset Hub, Bittensor, and ChainSafe are interested in using IDN.
IDN can be used for DeFi, gaming, governance, NFTs, and token distribution.
The team is requesting 294,585 USDC + 840 DOT to build and maintain the network.
Contact them on Discord, Element, or email for more info.

Optionssingle

Votes·9

12Hi...E9N3

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Abstain

# 3

13ED...KQbF

13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF

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# 3

Need more info from the rest of Permanence technical fellows.

1xzc...1bX6

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Aye

# 1

Bringing variable and secured randomness to Asset Hub will benefit the ecosystem.

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# 3

12s6...nE8h

12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h

Aye

# 1

This could be really beneficial to the Polkadot ecosystem, especially Asset hub at this moment, as it aims to provide a critical infrastructure component - verifiable randomness. True randomness can help with network security and some specific usecases. We would encourage the team to reach out to other projects/parachain teams to collaborate and implement with Ideal Network. We think that the amount requested is reasonable. And it's also great to see such ideas coming from teams that have been through the Polkadot Blockchain Academy, which also proves its usefulness.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Aye

# 1

I think it's interesting though I can not 100% understand all details. I'd like to see the potential use cases especially to AssetHub. My only concern is that maybe the team can propose a smaller scope. It looks this proposal are asking support for the whole roadmap.

15fT...yBzL

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Aye

# 1

The team is looking solid. And the network requires a decentralized randomness source. I would've preferred a milestoned approach, but I think the credentials are in place for this to be considered a safe bet. Aye.

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Aye

# 1

This is a new service built on Polkadot that brings cost savings vis a vis Chainlink VRF. Eventually it will be exported to other ecosystems

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# 3

I am not convinced this is actually helpful but I like more info as well.

Discussions·1

1LX9...DLvp

24d 17hrs ago

Hey there, first of all, thanks a lot for your support, it means a lot.
We appreciate you having some discussion around the proposal. You are welcome to join the IDN matrix channel or Discord where we can discuss your concerns or answer any questions regarding the Ideal Network.