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 as measured by CompareNodes.
Service Usage Summary
For Q4 2022 (Oct-Dec)
- Our Polkadot RPC nodes have served an average of 21 million responses per day
- Our Statemint RPC nodes have served an average of 450k responses per day
For Q1 2023 (Jan-March)
- Our Polkadot RPC nodes have served an average of 11 million responses per day
- Our Statemint RPC nodes have served an average of 315k responses per day
Major updates
- Converted our RPC deployment to a Hybrid On-Prem + Cloud(AWS) computing
- In future we will switch to using AWS only as a backup.
- Expanded Polkadot endpoint to 12 Edge locations including South America, Africa and India
- The full list is: Santiago, Johannesburg, Chicago, Silicon Valley, Frankfurt, Madrid, London, Hong Kong, Mumbai, Singapore, Tokyo, Sydney.
- Switching from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter
- This is part of our continued effort to reduce cost to the treasury and to make the cost predictable and bounded
- We are passing on the cost benefits of our hybrid computing to the community
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.
Comments (2)
Requested
Proposal Failed
Summary
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Aye (31)0.0 DOT
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Hi RadiumBlock, thank you for this proposal. Our view is that Treasury funding is not appropriate here. Funding is better suited to come from existing customers of your service.
@Ivy Thank you for the feedback. Please allow us to make a few points in our response:
Firstly this proposal is for costs from Q4 2022 and Q1 2023. In that time frame, we were handful of the providers (Us, Onfinality and Dwellir) for infrastructure services in the ecosystem and we have been offering the services under the existing norm of retroactive funding.
We recieved feedback and comments from the community regarding decentralization of polkadot and we acted by investing capital of enable migration away from cloud services to our own hardware to provide a world wide high performance infrastructure.
We also understood from the community that, in keeping with the market economics, we must optimize and reduce cost. We did that allowing to switch from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter
Given the state of crypto the unpleasent truth is that most of the ecosystems are still trying to find the general economical use cases. Most if not all of the current need for infrastructure is for those who are building on polkadot so that a better ecosystem and wholistic product will help make polkadot the leading ecosystem.
We are are eager to partake in the journey of polkadot and its our humble request that diversity, decentralization and innovation be encouraged and our past expenses be reimbursed.
ChaosDAO would like to provide the following feedback from our community. We offer this feedback voluntarily in the spirit of OpenGov, in order to help teams improve their proposals so we can all build the network together.
1. Some members were hesitant to support this proposal whilst many are eagerly awaiting an overarching bounty to cover all ecosystem infrastructure needs.
2. Others argued that it is essential to support individual infrastructure proposals until such a bounty has manifested.
ChaosDAO votes as a collective based on the results of our anonymous internal voting procedures. Our members are not required provide any feedback as to why they have voted in a particular direction. Similarly, to respect the right to anonymity of our members, we will not be sharing names of individuals who have chosen to provide feedback.