RetroPGF3 is now complete!
The result has been announced on January 10! Congratulation to all
applicants!
History
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).