Dot Leap 2024-3: Government is Where Innovation Goes to Die

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Dot Leap 2024-3: Government is Where Innovation Goes to Die

How do we feel about OpenEVM - a theoretical EVM-based system chain using only DOT for gas

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Where Innovation Goes To Die

Polkadot's friendly neighborhood whale Giotto had another idea recently - why not make a system chain called OpenEVM (now PolkadotEVM) with EVM which would use DOT for gas, have permanent presence without buying coretime, and allow what people have been clamoring for: unfettered experimentation.

No doubt this suggestion is in large part driven by the build-paralysis teams experience when evaluating Polkadot and Giotto's own experience while spearheading the DED airdrop. After all, Polkadot is a different wallet ecosystem, the assets/coins are not programmable, and an existential deposit is required to be able to even accept random tokens.

This means launching memecoins and other currently popular web3 experiments is incredibly difficult as it presents a significant cost barrier - after all, having to send thousands of DOT to thousands of accounts just to do a drop is suboptimal. One could argue that the better approach is a pull mechanic rather than push (i.e. make people bridge dot and claim tokens manually vs just dropping them), but this opens another can of worms (centralized claim process due to AssetHub not being programmable, more infra work) and is beside the point - airdrops are just one aspect of web3 suffering within Polkadot's current paradigm.

I read a lot of feedback regarding this proposal, and the public is torn on it. There are valid concerns that it would compete with existing chains like Astar and Moonbeam. The advantage of being able to use Metamask out of the box (however horrible that wallet is for UX) is big, but this is already possible on other Polkadot EVM chains and even some Substrate accounts with unified accounts, or even with the Metamask Substrate snap. The advantage of being able to use DOT for gas is also quite significant, but even this is already possible on Astar, or even any existing EVM chain if they just make a minor change to their runtime.

The advantage of permanence in that it would be a system chain is, I think, the biggest selling point. I firmly believe you cannot list more than 10 protocols or products in the web3 eco since the whole saga started in 2009 which have survived for more than 3 years with a centralized team behind them. And, truth be told, neither Moonbeam nor Astar can survive without their teams. The bus factor is 1. Not just because of development, but also because there would be no one to renew their parachain lease (or coretime in the future). A system chain has a clear advantage here.

Then, how is this chain in any way better than something like Base? Base also uses the ecosystem's native token for gas (Ether), it has high economic security (inherited from Ethereum), and is very cheap and fast to use, with an arguably much more positive brand attached to it. And... it's already permanent.

Mainly, though, I personally feel like this is a bad idea because government services are where innovation goes to die, and system chains are a government service.

Years ago at RMRK, we came up with the Nestable NFT concept and applied it further to get equippables, cross collection compatibility, and other NFT 2.0 features working. Projects and companies were lining up to build with us. The interest was palpable, and despite the limitations of launching "inscription-style" on Kusama, projects were willing to suffer through the DX and UX disadvantages just to utilize advanced tech that leapfrogs whatever was available on EVMs.

Then, almost overnight and without even trying to consult with the NFT working group that was active at the time in Polkadot's Matrix servers, Parity launched the Uniques pallet, a very basic, rudimentary NFT-minting capability for AssetHub, then known as Statemine / Statemint.

It was written on a whim as a response by Gav himself - because he got tired of being pestered about that chain needing NFTs. And NFTs it got. NFTs 1.0, hardcoded in their limitation on the chain's very runtime. Without programmability, there was no way to add NFT 2.0 functionality on top, and suddenly, instead of most projects asking "how do we build with you" we started getting the question: "why would we build with you, when there is an official way to mint NFTs".

Key word: official. OFFICIAL.

Just because something was launched on a system chain by the powers that be, it was considered official. That was the end of our ecosystem growth.

This is not a RMRK success sob story, it's a lesson. And I don't want to see the ecosystem repeat the mistake and once again refuse advanced tech just to limp after what other ecosystems already have. Yet this is exactly what would happen with OpenEVM / PolkadotEVM.

Launching an "official" EVM chain would:

  1. Signal capitulation after Gav expressed disdain for EVM many, many times, and insisted on building ink! and wasm instead. This would effectively kill ink!, which even at version 5.0 is still struggling to find a single production deployment.

  2. Syphon funds and interest from Moonbeam, Astar, and other EVMs, effectively vampire attacking them for users and developers, because of course launching on a chain which might go away if their team disappears and their lease expires is more risky than launching on a "system chain" with EVM.

  3. Stop any and all EVM innovation in Polkadot because right now, the Polkadot side of web3 is being built by people who do not use web3. This skateboard is being designed by cyclists. It makes no sense, and those leading development paradoxically have no experience with building within or for the environment they are building. Thus, it is my opinion that the people in charge of OpenEVM would undoubtedly cause stagnation and possibly exodus across the board.

So, what is the solution?

Well, let's consider what we actually WANT here. Or, more accurately, what Giotto is after here. Giotto wants there to be a Turing-complete execution environment which encourages experimentation. A litmus test can be "how easy is it to launch a memecoin". Well, that's not a very high bar, honestly.

And one of the commenters says he wants to be able to say he "Launched on Polkadot":

If we look at it solely from that perspective, I would say the solution is obvious: OpenInk, not OpenEVM.

The ecosystem needs a system chain that uses the Contracts pallet and finally enables a production environment in which to launch ink! contracts.

This passes the litmus test, adds programmability, and possibly kickstarts an entire industry the way it was always intended - programming ON Polkadot.

What do you think about this? The comments form is open.


Polkadot and Kusama Updates

Development

Governance

The Web3 Foundation released the Decentralized Voices Program, delegating 180,000 KSM and 42 M DOT of voting power to active voters to ensure a fair decision-making process.


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Connected Parachains, dApps, and others


🌎 Community & Ecosystem


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🌠 NFT Review

  • Playtesting Mighty Action Heroes.

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That's it for this week - I hope this was as useful for you to read as it was for us to write!

Many thanks to Bill Laboon for his daily digest which helps us not miss some important updates!

DotLeap is put together by Bruno Škvorc.

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