Reimbursement for RadiumBlock's High performance multi-geography RPC services for Kusama - Q4 2022 and Q1 2023
The RadiumBlock team is seeking reimbursement for the RPC services for the Kusama networks in Q4 2022 and Q1 2023. We are proud to share we have not had a single failure in over a year for our kusama endpoint. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost.
Innovation Highlights
RadiumBlock is committed to providing high-quality infrastructure services to our customers. Our mission is to continuously improve and innovate in order to meet the evolving needs of the Web3 ecosystem. Over these last two quarters we have significantly overhauled our infrastructure resulting in the following:
- Deployed Hybrid On-Prem (investing aprox $ 213158) + Cloud computing strategy
- Expanded Edge locations
- Security upgrades
- Reduction in cost quarter over quarter
- Moving to a fixed SaaS pricing model from Q2 (~40% cost reduction)
Comments (7)
Requested
Proposal Passed
Summary
0%
Aye
0%
Nay
Aye (91)0.0 DOT
Support0.0 DOT
Nay (162)0.0 DOT
Hi Radium Block team,
Considering you already paid for those services in the "Infrastructure Capital Expenses" section. Could you please attach the receipts to the proposal of those costs you mentioned to show us the cost is real?
Feel free to cover credit / debit card detail info, but I'd like to see the product + cost in the receipt before I vote Aye as I think it's fair for transparency.
Till then, it's a Nay from me.
Thanks for understanding,
Claudio
We will pull together the information and respond soon. We would like to be clear that we are NOT seeking reimbursement for our Infrastructure Capital Expense estimate. That is purely for contextual information. Our incurred expenses in Q4 has a big part the cloud and less so in Q1. Just as in Q1 in future we expect the cost savings to continue by mostly eliminating cloud cost allowing us to change to a saas style billing.
RadiumBlock has been providing a quality service for those 2 last quarters with a totally reasonable price, this is why I'm voting aye on this proposal. Below is the commentary I am posting on all new infra proposals: I am voting aye on all acceptable RPC proposals until June 2023. From July 2023, I will automatically vote nay if this condition is not met: RPC providers need to discuss to define and provide a common set of metrics (usage, connectivity, uptime). They also have to agree on the method of funding to unify it: bounty or individual proposals. Of course I'm totally eager to help if asked. Until now, all proposals have been accepted regardless of the total number of RPC providers. Spending on RPC have to fit a need: requests for users and dapps. It doesn't make sense to keep extending without regarding actual and future usage. It will also be healthy to have a competitive environment so that community can know who the treasury pays for what, ensuring resources are not wasted and that the best providers are selected in case of oversize of proposal compared to demand. I also encourage actual RPC providers to reach the IBP program which set a framework for different providers with equal conditions. I hope the IBP program will become the reference for all RPC providers in 2024.