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InvArch Tinkernet - Funding for a Multi-Signature Solution

inBig Spender
3 years ago
Executed

The InvArch Network team seeks to provide the ecosystem with a new multi-signature solution, named Saturn, available to every parachain & implementable throughout any dApp on those parachains. This multi-signature solution will be made so that it can be easily adopted by existing wallets in the ecosystem & be immediately implemented to provide a superior multi-signature solution to the Dotsama ecosystem compared to external solutions such as Gnosis Safe.

Multi-party ownership solutions are the core of nearly every project being developed by the InvArch Network team, which has heavily influenced the design of the network’s infrastructure. While sharing our proposed multi-signature implementation with other builders & community members throughout the ecosystem, we have received tremendous interest & support. We also had a meeting with a member (Ricardo) from Parity Technologies in the past regarding our solution and received positive feedback on its capabilities.

The current multi-signature implementations available for builders in the ecosystem either rely on the current implementation used in the original multi-sig Pallet developed by Parity (which is limiting) or by developing their own custom solutions (which is time-consuming & costly). The ecosystem also lacks account-recovery capabilities & the ability to onboard & off-board new members of a multi-signature implementation. This is a very restricting problem, with concerns being shared across the Kusama community. We would like to change this current reality.

What we are proposing to build for the ecosystem is designed to service the entirety of Kusama & its parachains. We are providing it in a way that individuals will never need to purchase TNKR (optional, though) & can use KSM. This is an open-source solution for Kusama and a solution that we truly believe will be a big boost for the ecosystem. We are confident that if trusted by the community to deliver this solution, Kusama will go from having one of the worst multi-sig experiences in Web3 to one of the best, if not the best. Public interest in the potential for our multi-sig has been shared by the community in the past, and we would be extremely grateful if the community will signal their support for us to build this for Kusama.

  • A full overview of the proposal & cost breakdown can be found here

  • A link to the public discussion previously posted regarding this proposal can be found here.

Comments (9)

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anthony_rix
3 years ago

The team creates powerful, innovative products. Actively develops web3

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sergogo97
3 years ago

I'm a long-time ambassador of the project and I really want to see the launch as soon as possible. After all, we've done a cool and great job for it! :3

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Requested

DOT
427.30K DOT

Proposal Passed

Summary

0%

Aye

AyeNay

0%

Nay

Aye (287)0.0 DOT

Support0.0 DOT

Nay (4)0.0 DOT

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