RetroPGF3 is now complete!
The result has been announced on January 10! Congratulation to all applicants!
The Optimism team has long been in search of a solution on how to sustainably fund public goods, and we now have the structure of our first experiment thanks to a brilliant design by Vitalik Buterin.
The core principle behind the concept of retroactive public goods funding is simple: it’s easier to agree on what was useful than what will be useful. The former is still often a source of disagreement, but it’s a type of disagreement where you could still get reasonably good top-level judgements by using some existing voting mechanism (eg. quadratic voting or even regular voting).
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