The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of public RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We would like to emphasise that we do not collect any user data. We only track average rpc requests rate, computation and bandwidth use. We are proud to operate one the highest performance RPC service in polkadot ecosystem <a href="https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/">as measured by CompareNodes.</a>
<img src="https://i.ibb.co/JjhVRLD/image-2023-08-18-T10-16-47-021-Z.png" alt="" width="640" height="384" />
Service Usage Summary
For Q4 2022 (Oct-Dec)
<ul>
<li>Our Polkadot RPC nodes have served an average of 21 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 450k responses per day</li>
</ul>
For Q1 2023 (Jan-March)
<ul>
<li>Our Polkadot RPC nodes have served an average of 11 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 315k responses per day</li>
</ul>
Major updates
<ul>
<li>Converted our RPC deployment to a Hybrid On-Prem + Cloud(AWS) computing
<ul>
<li>In future we will switch to using AWS only as a backup.</li>
</ul>
</li>
<li>Expanded Polkadot endpoint to 12 Edge locations including South America, Africa and India
<ul>
<li>The full list is: Santiago, Johannesburg, Chicago, Silicon Valley, Frankfurt, Madrid, London, Hong Kong, Mumbai, Singapore, Tokyo, Sydney.</li>
</ul>
</li>
<li>Switching from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter
<ul>
<li>This is part of our continued effort to reduce cost to the treasury and to make the cost predictable and bounded</li>
<li>We are passing on the cost benefits of our hybrid computing to the community</li>
</ul>
</li>
</ul>
<img src="https://i.ibb.co/9H4XTWW/image-2023-08-18-T09-02-20-019-Z.png" alt="" width="640" height="337" />
&nbsp;
We continue to engage in the ecosystem as an infrastructure provider for other para chains too for RPC and node services. <a href="https://docs.google.com/document/d/1OBoggp_kSudCyhQmh5y_bd66TW7VkyTN/edit?usp=sharing&amp;ouid=114172945417100820622&amp;rtpof=true&amp;sd=true">Our full proposal is posted here.</a>

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of public RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We would like to emphasise that we do not collect any user data. We only track average rpc requests rate, computation and bandwidth use. We are proud to operate one the highest performance RPC service in polkadot ecosystem <a href="https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/">as measured by CompareNodes.</a>
<img src="https://i.ibb.co/JjhVRLD/image-2023-08-18-T10-16-47-021-Z.png" alt="" width="640" height="384" />
Service Usage Summary
For Q4 2022 (Oct-Dec)
<ul>
<li>Our Polkadot RPC nodes have served an average of 21 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 450k responses per day</li>
</ul>
For Q1 2023 (Jan-March)
<ul>
<li>Our Polkadot RPC nodes have served an average of 11 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 315k responses per day</li>
</ul>
Major updates
<ul>
<li>Converted our RPC deployment to a Hybrid On-Prem + Cloud(AWS) computing
<ul>
<li>In future we will switch to using AWS only as a backup.</li>
</ul>
</li>
<li>Expanded Polkadot endpoint to 12 Edge locations including South America, Africa and India
<ul>
<li>The full list is: Santiago, Johannesburg, Chicago, Silicon Valley, Frankfurt, Madrid, London, Hong Kong, Mumbai, Singapore, Tokyo, Sydney.</li>
</ul>
</li>
<li>Switching from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter
<ul>
<li>This is part of our continued effort to reduce cost to the treasury and to make the cost predictable and bounded</li>
<li>We are passing on the cost benefits of our hybrid computing to the community</li>
</ul>
</li>
</ul>
<img src="https://i.ibb.co/9H4XTWW/image-2023-08-18-T09-02-20-019-Z.png" alt="" width="640" height="337" />
&nbsp;
We continue to engage in the ecosystem as an infrastructure provider for other para chains too for RPC and node services. Our full proposal is posted here.

RadiumBlock: Retroactive funding for High Performance Public Endpoint Service for Polkadot(Q4 2022 and Q1 2023)

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of public RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We would like to emphasise that we do not collect any user data. We only track average rpc requests rate, computation and bandwidth use. We are proud to operate one the highest performance RPC service in polkadot ecosystem <a href="https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/">as measured by CompareNodes.</a>
<img src="https://i.ibb.co/JjhVRLD/image-2023-08-18-T10-16-47-021-Z.png" alt="" width="640" height="384" />

Propose and approve a spend of treasury funds.

- `origin`: Must be `SpendOrigin` with the `Success` value being at least `amount`.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

- The RadiumBlock team is asking to be reimbursed for providing public RPC services for the Polkadot networks.
- They track the average number of requests and usage, but do not collect user data.
- In Q4 2022, they served an average of 21 million responses per day for Polkadot and 450k responses per day for Statemint.
- In Q1 2023, they served an average of 11 million responses per day for Polkadot and 315k responses per day for Statemint.
- They have made updates to their RPC deployment and expanded their Polkadot endpoint to 12 locations. They are also switching to a reduced and fixed cost model.

Requested: 0.19 undefined

#126 RadiumBlock: Retroactive funding for High Performance Public Endpoint Service for Polkadot(Q4 2022 and Q1 2023)