This is a retroactive treasury spend proposal by Integritee AG
We ask the treasury for 87'377 USD = 11'655 DOT
Work done:
<ul>
<li>Implement Incognitee Sidechain which can transfer a relaychain native token privately by shielding it to L2 and eventually unshielding it back to the relay chain without linkability</li>
<li><a href="https://youtu.be/BNYEfQ8kF2o?si=xQYtwtfgNgrrsI9m">Demo Video</a> where we shield DOT from a local Asset Hub to Incognitee and back</li>
<li>We are now able to transfer ROC privately (on public Rococo testnet)</li>
</ul>
Next Steps:
<ul>
<li>launch a public test campaign and bug bounty on our Rococo testnet which we launched in Dec 2023</li>
<li>Support for Asset Hub and its fungible assets, i.e. USDC/USDT</li>
<li>Support for ANY substrate based chain and its assets</li>
</ul>
Some History:
<ul>
<li>Initial <a href="https://medium.com/integritee/a-privacy-sidechain-for-all-polkadot-kusama-chains-1bb52dc9b0d7">Blog outlining the Vision</a></li>
<li>Previous attempt <a href="17">Referendum 17</a> for treasury funding (was also retro-active, but deemed to be too early for retro-active by commentors): &nbsp;</li>
</ul>
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<a href="https://docs.google.com/document/d/16QCSeoeeMMREC75NIIEbk0I0aKX-VYaoMqWlkHXi2y0/edit?usp=sharing">Full Proposal Document</a>
edit:
You can now <a href="https://incognitee.io/">test our tech on our Rococo testnet</a>
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Problem Statement:
- The problem is the need for funding to implement the Incognitee Sidechain, which allows for private transfer of relaychain native tokens.

Significance:
- The significance of this proposal is the ability to transfer tokens privately and securely, without linkability.

Proposed Solution:
- The proposed solution is to request 87,377 USD (11,655 DOT) from the treasury to fund the implementation of the Incognitee Sidechain.

Expected Outcomes:
- The expected outcomes include the successful implementation of the Incognitee Sidechain, the ability to transfer tokens privately on the Rococo testnet, and support for Asset Hub and its fungible assets.

#426 Private Transfers of DOT

No Active Proposals