CFP-2207-01: Pond, decentralize Ocean API and run it everywhere (30 000 DFI) #168
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sancag
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defi-cli signmessage "8UsgQBnNpjvjGoearXfXaVX6MNRxfdLGuK" "cfp-2207-01-yes" |
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Votes of the DFX Community Individual votes can be viewed transparently here: https://docs.google.com/spreadsheets/d/1tvc1KhLuGGSCfUuZoDnTxqaLDurXcftd8MBA57YfhKQ/edit#gid=1201594454 Votes: |
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CFP payments have been processed. Please refer to #159 (comment) for detailed info and hashes. Thanks! |
and others
Overview
Describe the purpose
DefiChain is starting to become popular and so does the usage of the ocean API. We have seen impressive stats in the last CFP proposal but also a few scalability issues due to high demand. A lot of the demand comes from the increase in bot usage as well as new utilities that can be used through the light wallet i.e Future swaps. While it is great that ocean will be scaled to also allow future growth, we think we can also contribute to make things more scalable by introducing Pond.
Pond is a host-yourself ocean api based on docker containers which you can simply run from home or your cloud of choice. It uses the original Jellyfish code base which offers the exact same API schema as Ocean with the difference that you can have your own and it is easy to install. The current beta release already reduces latency of scraping Ocean API from few seconds to milliseconds as it will be deployed locally which helps not only developers but also bots to run faster and provide low latency results, as result this would enable the community to work on low latency projects and future development of DefiChain.
What works already
pond.myowndomain.comWhat future plans do we have
Who are we?
How will the fund be spent?
The funds will be spent for:
How does this CFP benefit the DeFiChain community?
This CFP might sound quite technical but we do want to make it as easy as possible to host your own Ocean (Pond). The community will benefit in a way that if Pond is being adopted the overall workload on ocean will be reduced. This helps in the further decentralisation of the project which also adds another benefit which is, we have more full nodes running across the globe.
We do believe that this could be especially interesting for bot owners as it gives greater control and more reliable response times.
Testimonials
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