Review of Optimism retro funding round 1
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Review of Optimism retro funding round 1
A review by Vitalik of the results of the Retroactive Public Goods Funding proposed by Optimism and actually carried out.
$1 million was allocated to 58 projects.
RetroPGF Experiment #1: $1 Million Dollars for Public Goods
An experiment was conducted on governance by badge holders.
22 people were badge holders (verified) and acted as experts.
RetroPGF Expert Manual
This is how the grants were ultimately distributed.
https://gyazo.com/f7253fcf83f73a825b54a03fe493b25a
Gitcoin and RetroPGF are different.
https://gyazo.com/e8a4b3bca87b92291d26b65d001ebc8d https://gyazo.com/f7253fcf83f73a825b54a03fe493b25a
Probably the most obvious property of the Optimism retro results that can be seen without any comparisons is the category of the winners: every major Optimism retro winner was a technology project .
There was nothing in the badge holder instructions that specified this; non-tech projects (say, the translations at ethereum.cn ) were absolutely eligible
And yet, due to some combination of choice of badge holders and subconscious biases, the round seems to have been understood as being tech-oriented.
Hence, I restricted the Gitcoin results in the table above to technology ("DApp Tech" + "Infra Tech") to focus on the remaining differences.
One of the most obvious characteristics of the results of the Optimism retro is the category of the winners, which can be seen without comparison.
>There was nothing in the badge holder instructions that specified this; non-tech projects (say, the translations at ethereum.cn ) were absolutely eligible.
>And yet, due to some combination of choice of badge holders and subconscious biases, the round seems to have been understood as being tech-oriented.
>Hence, I restricted the Gitcoin results in the table above to technology ("DApp Tech" + "Infra Tech") to focus on the remaining differences.
The distribution of funds using RetroPGF had
(smaller) income disparities compared to Gitcoin
many already well-known projects
As originally intended, many of Gitcoin's votes were predicting the future.
Infrastructure was popular.
Subjectively, it was of high quality according to Vitalik.
The number of badge holders was small, but they made more appropriate judgments than the crowd.
Sequencer
It is symbolic that ethereum.cn, the Ethereum community in China, ranked.
Judging this requires a Chinese background and technical understanding.
The badge holders were already familiar with the English-speaking world, so how to evaluate this?
The country selects various experts.
Several solutions are needed.
I hate guys who mimic Wittgenstein's "What we cannot speak about we must pass over in silence" without reading Philosophical Investigations fine-tuning
Splitting votes
The concept of subcommittee
There may be delegation
When going back in time to pay money, is it optimal to add more? How much money should be paid?
Retroactive Public Goods Funding to give Exit to public goods (OSS) was proposed, but money cannot be obtained until it succeeds
https://gyazo.com/a5d97104f687a29fa43d40882294f44d
Only 106 items were included in Retroactive Public Goods Funding Nominations, which is vulnerable
One possible solution is to impose a deposit of 0.02 ETH on proposals
If a proposal receives 0 votes, it is considered spam and the deposit is lost
Proof of Personhood (PoP) ID is required to prove that you are human
Should we conduct a secret ballot?
Chat thread
yoyotkgshn.icon*2
I'm currently reading a post by Vitalik about his thoughts on Retroactive Public Goods Funding
The part I'm translating right now is the Notion article at the top with the indentation
yoyou7693.icon*2
I'm going to bed soon. Thank you for staying up late to discuss Takagiu7693.icon
+1 My skin is ruined even though I have a presentation tomorrow wtkgshn.icon*2
Good luckwu7693.icon
I want to do this occasionally and asynchronously like thisPrevious companies, interviews and appearances related to oneself.icon
+100 u7693.icon
I'll give it a read
I've been thinking about Retroactive Public Goods Funding for the past few days, and I think it's like a short-term Nobel Prize
I see, like I hate guys who mimic Wittgenstein's "What we cannot speak about we must pass over in silence" without reading Philosophical Investigations?Previous companies, interviews and appearances related to oneself.icon
The idea is to evaluate and distribute rewards for projects that have provided value as public goods in the past
Is this what it's all about? u7693.icon
Ah, I kind of get the image now wPrevious companies, interviews and appearances related to oneself.icon
It seems to be evaluated by experts? (I don't know much about the Nobel Prize)
There's a vague similarity in the atmosphereu7693.icon
On the other hand, criticism of the Nobel Prize may not apply to thisu7693.icon
I was wondering what would happen if Retroactive Public Goods Funding was used for the part of science that doesn't make much moneyu7693.icon
It's still not favorable for basic research, right? What field is appropriate for evaluating the past like this?
Is there anyone who can evaluate basic research? Previous companies, interviews and appearances related to oneself.icon
It seems like later on, you might think "this was important." u7693.icon
I think Bitcoin is the same way.
But, when it becomes important, can't you recommend it then? Previous companies, interviews and appearances related to oneself.icon
That's true. u7693.icon
It's difficult to raise funds until you're evaluated. u7693.icon
RetroPGF Expert Manual #61b3a71409c5f20000bb3583
For example, I feel like Urd Koutarou Maeno's research on locusts and Retroactive Public Goods Funding don't go well together. u7693.icon
https://twitter.com/otokomaeno175
https://ja.wikipedia.org/wiki/前野ウルド浩太郎
He is familiar with the ecology of the desert locust, which causes large-scale locust plagues in Africa. Based on field surveys in the Islamic Republic of Mauritania and the Kingdom of Morocco in the western Sahara, he is engaged in elucidating the phase polymorphism of the desert locust (which changes color and becomes ferocious when it forms a group, and devours plants and crops) and developing control techniques.
Assuming that this won't scale, maybe some central organizations will have to create something like RetroDAO and talk among experts. Previous companies, interviews and appearances related to oneself.icon
The RetroDAO should make funding decisions solely based on the value that a project, or a contributor to a project, has already provided, and should maximally avoid attempting to make predictions of value to be provided in the future.
If we should avoid making predictions about the future, I don't really understand the meaning of human evaluation. u7693.icon
Wouldn't it be better to evaluate mechanically?
Like citation counts? Previous companies, interviews and appearances related to oneself.icon
We were just talking about this earlier.
Oh, where? u7693.icon
I was talking to Sota Ogawa in person, but he had a similar reaction. "Then should we write code to evaluate embedded systems?" or something like that. Previous companies, interviews and appearances related to oneself.icon
When humans do it, the evaluation axis shifts and emotions come into play. u7693.icon
Citation counts are the same way, so it's better to algorithmically determine the evaluation method in advance. u7693.icon
Regarding things like "If you define it, it will be hacked," do you have any thoughts? Previous companies, interviews and appearances related to oneself.icon
It's good to think about this, but it's also good to consider the possibility of the evaluators being hacked. u7693.icon
In Mito Junior, it's called PM hack.
Untrodden YouTube (PM Hack)
nisshi yui79 Version 1 visuals, lol, brings back memories tkgshn.icon*4
Hmm, maybe being conscious of the structure is one way. Like visualizing the interests?
Thorough transparency could work too.
It's not just about interests, but also appealing to more pure emotions (hobbies, preferences, etc.) u7693.icon
/nishio/PM Hack
Nishio-san summarized it. u7693.icon
Ishii-san's opinion is also interesting. u7693.icon
I think as the number of OSS subject to evaluation increases, emotional filtering will become more prevalent. u7693.icon
/nishio/Don't set numerical criteria for evaluating researchers seems relevant too. Previous companies, interviews and appearances related to oneself.icon
Local optimum
Point deduction system
Well, maybe a feature like being able to change the jury? Previous companies, interviews and appearances related to oneself.icon
This issue can be solved at the software layer, but we should also divide deliberation democratically. It's difficult to draw the line though.
Court-like functions don't scale, after all. Previous companies, interviews and appearances related to oneself.icon
Using machines as the basis for evaluation and adding human evaluation as a plus alpha seems like a good idea, doesn't it? u7693.icon
It's about visualization of general will. Previous companies, interviews and appearances related to oneself.icon