Gitcoin Grants 20 Experience
0xtkgshn We're about 15th now, if anyone with a crypto in Arbitrum can help! 5 more days to go! https://pbs.twimg.com/media/GMkLOavakAADz2E?format=jpg&name=medium#.png
We are participating in a Gitcoin donation round to help facilitate the creation of an environment that supports digital public goods.
We are currently developing a tool for financing public goods using QF, and would love your support!
Click here to donate (donation period: 4/23-5/7)
https://gyazo.com/758df89b00525d681b8b1e9bdf0b2f6e
I'll put it in my cart for now.
https://gyazo.com/bde6da6495fd4efd7c0af8a2f6c6bdbc
Hmm?
You put it in your cart and then decide how much you want to pay for it.
https://gyazo.com/85cbd7309a81c3c15c82d268171bc2b3
1 ARB is about a dollar.
https://gyazo.com/6eafda78c8062b0c92fd3f57d02f8892https://gyazo.com/cfef0d2cf332a3769556c5cd73f9f474
If you pay 16 times, you get 4 times $84, and if you pay 100 times, you get 10 times $210, which is how Quadratic Funding works. Try to connect the Wallet
https://gyazo.com/2f5a638130a60e200dd0dd281d747557https://gyazo.com/a175ddf3a5804d770bc67d99ae9ed0d5
Well, I don't have an ARB, so that's what I'm going to do.
Is this the right network to begin with? It doesn't look good.
https://gyazo.com/2f1339494963a63b76c192427f232f2e
nishio I got as far as adding it to my cart, but I'm not sure how to get Arbitrum from where to where! (exchange it for ETH or something at some DEX and then somehow put it into the Arbitrum chain?) yudai007004 As for me, I'm using [Arbiturm's bridge https://bridge.arbitrum.io/? destinationChain=arbitrum-one&sourceChain=ethereum], move ETH from Ethereum (or other) to Arbiturm, and swap (ETH -> ARB) using DEX (Uniswap for example). I was able to do it! nishio Thanks for the info! I will try it! What is a bridge...
Access for now
Connect with MetaMask
https://gyazo.com/8e0ca1fb4d68c792c5a1ed1bd1809db5
Let's see, how much is 1 ETH?
https://gyazo.com/62e1fe6e2bde9a028079fb69136196ea
So you have about $50,000 in your wallet.
So let's move about 5,000 yen in the "let's charge 5,000 yen to Suica" vein.
https://gyazo.com/8ee19107f0ec3641395fad0dce98683a
https://gyazo.com/aefd30fd5b22f6e1cf184ec1ab5d8946
The fee is $3.65, just like a bank transfer.
https://gyazo.com/dc00ba2eb762125c0165da06d7b383dd
He said to wait 15 minutes.
While we're waiting.
gpt.iconThis section describes Arbitrum, Arbitrum One, Arbitrum Orbit, and the bridge.
Arbitrum is an ethereum scaling solution that uses layer 2 optimistic rollup technology. This significantly reduces transaction costs while maintaining the same security as ethereum (Bridge to Arbitrum).
Arbitrum One is Arbitrum's primary network, employing the Optimistic Rollup Protocol and supporting transactions that are batch processed directly into the Ethernet mainnet (Layer 1) (Arbitrum Docs ).
Arbitrum Orbit is a framework that allows developers to create their own custom chains without any permissions. This allows for a high degree of customization to meet project-specific needs and provides a "universe of chains" for new applications and protocol innovations Orbit chains can be deployed on top of existing It can be deployed on top of Arbitrum Layer 2 chains (Arbitrum) (Arbitrum Foundation).
Bridge is a tool to facilitate the transfer of assets between a parent chain such as Ethereum and Arbitrum One or other child chains. Using this bridge, users can move ETH or ERC-20 tokens from the parent chain to the child chain and vice versa (Bridge to Arbitrum).
Using these technologies, Arbitrum strongly supports the development of highly customizable and scalable distributed applications (dApp). In addition, with Orbit, projects can have their own application-specific chain, providing additional performance and governance control.
It said to wait 15 minutes, but it took less than 15 minutes to SETTLE.
https://gyazo.com/ad04832fe402f105da6291d7b2eb9475
So, now that we have moved ETH (Token) from Ethereum (Network) to Arbitrum One (Network), we need to exchange ETH (Token on Arbitrum One) for ARB (Token on Arbitrum One).
Connect MetaMask to [Uniswap
https://gyazo.com/557e4f811e0de3d7f278d406647e8320
I know, I know, this is the place. (I had a lot of trouble with the UI the first time I saw it, so I know what I'm talking about.)
https://gyazo.com/a6a6e36939ffced4a17300de21a0ef44
Switch to Arbitrum
https://gyazo.com/c817776d27ab9143f143dfd0de2769a2
https://gyazo.com/7d0455e898c57d47b00f8ee3934e0c3c
Eh, I don't know.
https://gyazo.com/90ab296f2590754d8f705f962693f068
gpt.iconIt is important to validate custom network information in MetaMask when using Arbitrum One; when adding a custom network to MetaMask, please review the following information carefully, especially
Network Name: The name used by MetaMask to identify the network.
Network URL (Network URL): The URL that MetaMask uses to access the network.
Chain ID: The ID of the chain that MetaMask uses to sign transactions for the network.
Currency Symbol: The currency symbol used by MetaMask for the network's native currency.
Block Explorer URL (optional): This is the URL that MetaMask will direct you to in order to investigate your account and transactions.
If inaccurate information is displayed, or if MetaMask warns you that something is wrong, it is recommended that you take the following steps to verify the correct information:
Visit Chainlist: search by the chain ID or network name provided and identify information that does not match.
Search Google for the network's name: Evaluate the legitimacy of the network through its official website, Twitter and other social media presence, number of followers and reputation, news articles about the network, etc.
From these sources, you can determine if the network is legitimate and trustworthy and if the information provided is accurate. If uncertain, it is wise to refuse to add the network, investigate further, and retry later.
https://gyazo.com/f776cd0691577bf5af38b9b70ac4127d
Could it be that the name has changed from Arbitrum to Arbitrum One?
View Official Documentation
https://gyazo.com/7c56166b87fe49d124f2751fd20fe16e
compare
https://gyazo.com/90ab296f2590754d8f705f962693f068
We match everything but the name, if you don't mind.
Allow
https://gyazo.com/6ae200eb73c6c4a2403cb4b01356008f
So, what was it?
Oh yeah, Uniswap.
https://gyazo.com/0f6da2e796af76f70169795b69e9c1a5
Balance: 0.01, correct.
Let's make them all ARBs.
https://gyazo.com/2bcde683028480dcf6b187e5df7bdb71https://gyazo.com/baf3d0211d38c0065b280091288a3cec
Oops, not enough for fees.
https://gyazo.com/a98651ac01cabf7d8bebacf45e51a1ac
dried young anchovies (or sardines)
https://gyazo.com/b8689e98000790e1e99abcaa8fd4f0bc
It's done.
https://gyazo.com/6516b9006f10b918b54a0e446b8fc845
Let's see, so what was that about?
I'll put 16ARB in Dig DAO as planned for now. https://gyazo.com/d05286d3d92a008517bd116b2c577e03
Connect MetaMask
https://gyazo.com/9fc632883910badb269a66eb5d689a99
I think I can Submit!
https://gyazo.com/a40c0e65319cd87a6ab47391548f76a6
https://gyazo.com/72cb470f89f2b68d0098b1f9521b5f60
https://gyazo.com/b80e6f88e45ee7fac544336dd6a35f14
https://gyazo.com/a390a3f1cf6de66e5d4d5a2136036694
I was able to do it!
This is what happens when you press Share on X
https://gyazo.com/75c004525628ea0307c6ad6e00e79d9b
https://gyazo.com/4dd9ae8a2febe7af5b19676c7edc1cec
Oh, so this is how it's going to be.
Put the rest in [DeSci Tokyo
Where do I see how much the remaining ARB is...?
https://gyazo.com/f759a840bd2eac6e16d816e21f12ecac
If you know it's not enough, you know how much is left, show me.
11.8, maybe.
https://gyazo.com/0085fea4aed63a159d8e0a220d35e6eb
Oh, it's an integer, then 11. I'll be left with about $100 worth, but it can't be helped.
https://gyazo.com/f634ac800ca911869fc9e45f36058c66
It's done.
https://gyazo.com/53b1aab8ea9b77cb6925743c23b73b68
Where it was a little unexpected.
https://gyazo.com/709a4c35f5b41b4aee8695048a35264dhttps://gyazo.com/f634ac800ca911869fc9e45f36058c66
If I put $16 in DigDAO and got +$83, I thought I would get less Estimated Match if I put $11 in DeSci Tokyo, but unexpectedly I got $322!
I thought it was a mystery, but then I looked at Donation History.
https://gyazo.com/5ed3268373991fb1670ffda14230fa48
Since the rounds were divided like this, I'm guessing the matching pool is divided as well.
Is DeSci's matching pool larger or is there less competition compared to dApps & Apps?
Where would I find out?
Here or there(Top page)
https://gyazo.com/dcd3508990c35464aba73cf6b3280402
Comparison
https://gyazo.com/8ee881c14369390c9d221ce9f7121b6dhttps://gyazo.com/4dee1052efa909466ebb571eab69ef9f
DeSci's matching pool is not large, but there are few projects
Statistics
dApps
https://gyazo.com/08e55def491bce4e2ae457ee1d26e523
DeSci
https://gyazo.com/684a1ed465a5b262e246b8743a5676e9
https://gyazo.com/0df786061bd4bc364861564e4f3faadf
https://gyazo.com/d329e3537bd21bc54ae7cfb1a5977685
calculation
dApps
https://gyazo.com/08e55def491bce4e2ae457ee1d26e523
DeSci
https://gyazo.com/684a1ed465a5b262e246b8743a5676e9
dApps: Total Crowdfunded 130K USD is 36k Donations, so 3.6USD per one
DeSci: Total Crowdfunded 5467 USD is 470 Donations so 11.6 USD per
Assuming the shape of the distribution is the same.
sqrt(3.6) * 36000 == 68305.197459637
sqrt(11.6) * 470 == 1600.7623183970816
DeSci is 43 times more influential than DeSci, even with the same amount of donation, taking the ratio of
On the other hand, the matching pool is 12 times smaller for DeSci, so
As a result, the money DeSci gets from the matching pool when donating the same amount is 3.6 times larger
https://gyazo.com/709a4c35f5b41b4aee8695048a35264dhttps://gyazo.com/f634ac800ca911869fc9e45f36058c66
Actually it was 4 * 21 for 16ARB(4^2) and 3.3 * 97 for 11ARB(3.3^2), so
97 / 21, or roughly 4.6 times
Well, I guess it's an order of magnitude, but DeSci's distribution is more skewed because of the smaller number of participants, so the sum of votes after taking sqrt is smaller, so the percentage of votes you get for the same amount of donation will be larger.
I can see why collusion is a problem.
I spend about 1,500 yen, and the donated person gets a little less than 50,000 yen. So what happens if I say, "I'll kick back 10,000 yen and you do this procedure," and there are people who will do it?
I honestly didn't expect to get so much matching funds.
If the ratio is 100 yen for 2,000 yen, 1,600 yen for 8,000 yen, or 10,000 yen for 20,000 yen, it is too small to split the 2,000 yen, and if you spend 10,000 yen and get 20,000 yen to split, there is an incentive to take the 10,000 yen and run away without doing any work. So, it's not possible to make a very good composition of rags to riches.
I wonder if this is a problem that occurs when there are too few participants for matching funds and the match on donations is too large.
2024-05-08
We currently have 20 contributors!
If you are interested in DID, SSI, or distributed PDS, please look through this page!
yudai007004 For more information on Monas, please see below! Monas is a distributed Personal Data Store. It aims to simultaneously achieve data interoperability and data sovereignty.
In this prototype implementation, we focused on read access control and state management! We actually implemented the Cryptree algorithm and state management on the blockchain. In the process, we were able to find issues such as key management and how to implement the key derivation algorithm.
This document has more details about the prototype!
Monas: Privacy, Data Interoperability, and Self-Sovereignty in Decentralized Personal Data Store v1...
Monas: Privacy, Data Interoperability, and Self-Sovereignty in Distributed Personal Data Stores v1...
https://pbs.twimg.com/card_img/1786960983539531776/CVyLFRWl?format=jpg&name=small#.png
https://gyazo.com/29b6d025295d5d7b0867ba71709e7772https://gyazo.com/40ea1f3874a8dd78d810976e7fab4297
https://gyazo.com/60705277c2e4b7e6c7aed0f438f2aaedhttps://gyazo.com/824766909dbc463f0198af7b20e26262
https://gyazo.com/bb5f2844fc7a38b9c693d374723e85fd
https://gyazo.com/5d7180ed66330aa6061d80fe42a6e34a
nishio I was told about the ARB but wasn't aware of the project and failed to donate, so I donated about a magazine's worth of money for information ( I don't really know much about the project, so I'm just trying to pay for the information). That's $111 for 15ARB, so a factor between DeSci and dApp.
2024-05-12
GG20 accepted ETH, USDC and ARB, so the Uniswap process was not necessary... But I agree that it is hard to handle if you don't touch crypto on a regular basis. I learned a lot from your experience.
https://pbs.twimg.com/media/GNVgLTbbsAAgx1p?format=jpg&name=medium#.png
nishio Thanks for the info! I will add it! ---
This page is auto-translated from /nishio/Gitcoin Grants 20体験記 using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. I'm very happy to spread my thought to non-Japanese readers.