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Discussion#2693
Referendum#1383
Requested:300.25K USDC
Executed

Ideal Network: The Randomness Layer for Polkadot's World Computer

inMedium Spender
7 months ago
treasury
BeneficiaryBeneficiary:

(300.25K USDC)

Ideal Network: The Randomness Layer for Polkadot's World Computer

We're excited to propose the Ideal Network (IDN), a foundational randomness infrastructure for Polkadot's ecosystem.

The team, formed during the Polkadot Blockchain Academy in Buenos Aires, includes Juan Girini (former Parity FRAME Core Engineer), Tony Riemer (Lead Protocol Engineer), Carlos Montoya (Serial Entrepreneur), and Coleman Irby (Software Engineer).

>> Full proposal available here <<

TL;DR

We're requesting 300,250 USDC over three months to deliver:

  • Trustless Drand Bridge
  • Cross-chain randomness delivery infrastructure
  • Security audit by SRLabs
  • Network deployment and maintenance

The Problem

Polkadot's ecosystem lacks a reliable method for generating frequent, high-quality random values, critical for creating fair and secure decentralized applications. The existing randomness mechanisms are either vulnerable to manipulation, produced infrequently, or costly. This limitation makes it difficult for developers on Polkadot to build fair systems like unbiased gaming platforms, secure DeFi tools or front-running-free transaction pools where economically sustainable and low-latency randomness is required.

The Ideal Network

The Ideal Network (IDN) will unlock publicly verifiable randomness for Polkadot's World Computer, introducing a game-changing infrastructure that solves critical blockchain challenges. We're building a trustless bridge to the Drand distributed randomness beacon, enabling a standardized randomness layer that delivers secure, verifiable randomness at a fraction of the cost of existing solutions like Chainlink VRF.

The potential is massive:

  • Dramatically lower cost and lower latency for access to secure verifiable randomness compared to existing solutions
  • Enable new use cases across Web3
  • Distribute randomness to parachains on-demand or via subscription
  • Export randomness to other blockchain ecosystems
  • Unlock timelock encryption capabilities

Use Cases

By providing publicly verifiable on-chain randomness, the Ideal Network enables use cases across multiple domains including secure network consensus and governance, fair DeFi mechanisms, provably random gaming experiences, unbiased and dealer-free gambling, transparent NFT generation, front-running-resistant transaction pools.

Beyond randomness, IDN introduces timelock encryption, a cryptographic mechanism that allows messages to be securely encrypted and revealed only at specific future blocks. This capability opens up entirely new possibilities for blockchain applications, enabling non-interactive multi-party interactions like trustless atomic asset swaps, private delayed transactions, and protocols that were previously infeasible like keyless crypto wallets and sealed-bid auctions.

The possibilities are boundless, limited only by the creativity of developers.

Traction

The work done is supported through collaborations with Web3 Foundation, NIST, and the University of Colorado. We've completed a Web3 Foundation grant, participated in the Decentralized Futures program, and received retroactive funding from the Kusama treasury.

Several projects have expressed interest in integration, including:

Image

Asset Hub
Parity's Contracts team seeks to integrate high-quality randomness into Asset Hub through precompiles for secure contract features. Their vision focuses on providing developers with a simple, cost-effective interface to request random bytes, dramatically reducing costs compared to existing solutions like Chainlink VRF.
Image BittensorBittensor, a Substrate-based blockchain for decentralized machine learning, has already integrated the Drand-bridge pallet and timelock encryption bindings into their commit-reveal V3 scheme that went into production. This collaboration showcases IDN's practical utility in enhancing the security of decentralized machine learning networks.
Image ChainSafeChainSafe has expressed interest in collaborating to explore blockchain-native gaming frameworks, leveraging IDN’s timelock encryption and verifiable randomness capabilities.
Image PolkaStoragePolkaStorage is exploring randomness solutions for their consensus system. They require secure randomness for their Storage Challenge Mechanism, Proof of Replication (PoRep), and Proof of Spacetime (PoSt) to prevent storage providers from discarding files or pre-computing fake proofs.

Community Discussions and Feedback

  • AAG Discussion
  • Polkassembly Discussion Post
  • Ideal Labs Forum Discussion Post

Contact

  • Discord: https://discord.gg/phZvQkzU2a
  • Element: https://matrix.to/#/#idn-community:matrix.org
  • Email: hello@idealabs.network
  • Website: https://idealabs.network

We welcome your questions and feedback.

Comments (13)

7 months ago

Innovative and useful.

7 months ago

I have voted AYE.

This is something BIG with massive potential that would benefit the entire ecosystem.

With this infrastructure, Polkadot would stand out from the rest. Other ecosystems don't offer low-cost, low-latency verifiable randomness and timelock encryption, which opens the door for innovation to current Polkadot developers and attracts projects from different ecosystems.

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Proposal Passed

3

of 3

Summary

0%

Aye

AyeNay

0%

Nay

Aye (75)0.0 DOT

Support0.0 DOT

Nay (18)0.0 DOT

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