mariapao
commented
6 years ago Hi @mangodevelopments the first stage of the application process is the submission and review of the relevant proposal. If the proposal is approved we move to the second stage of the application process which is the request for funding with the relevant PR.
We are still at the proposal stage of the application process so I'm closing this PR.
Abstract Plasma is a proposed framework for incentivized and enforced execution of smart contracts which is scalable to a significant amount of state updates per second (potentially billions) enabling the blockchain to be able to represent a significant amount of decentralized financial applications worldwide. These smart contracts are incentivized to continue operation autonomously via network transaction fees, which is ultimately reliant upon the underlying blockchain (e.g. Ethereum) to enforce transactional state transitions.
Deliverables Scalable Multi-Party Computation The Plasma Blockchain, or Externalized Multiparty 3 Plasma Proof-of-Stake 4 Design Stack and Smart Contracts Grant size Funding: Up to $100k in ETH, split into chunks paid out over achieved deliverables.
Success reward: Up to $50k in ANT, given out when all deliverables are ready.
Application requirements Proof of concept of the smart contracts for the ERC721-compatible token. Alternatively, a whitepaper researching the implementation of the whole protocol Details of the team members, alongside with their willingness in terms of implication project manager -vision, data scientists Wahid hamid - full time Adam ali - full stack engineer- part time Grant ollson - software engineer - part time James smith -lead developer advanced wed developer -part time Alex Johnson- blockchain developer - full time
Estimated average burn rate for completing the deliverables 10k monthly burn
Development timeline The development timeline will be the following one in regards to each deliverable: project design/plan - research - 2 months
An design research proposal -create project proposal with full plan technology uses and market research on development tools requirements for businesses requirements documentation and role allocation Development Research Phase - Deliverables: 1 month -documentation about design and architectural choices
create prototype of design market research on design and functionality full development stage 1 month
system full development testing plan testing phase and market research 1 month -testing of system to detect bugs and issues
release beta version to public for feedback release version to the marketplace 2 weeks