Application of Rings Network

[RyanKung]

Project Abstract

Please replace these instructions with a brief description of your project summarising key points (1-2 paragraphs).

If your application is a follow-up to a previous grant, please mention which one in the first line of the abstract and include a link to previous pull requests if applicable.

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (project_name.md).
• [x I have read the application guidelines.
• Payment details have been provided (bank details via email or Polkadot (USDC & USDT) or BTC address in the application).
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @ryankung:matrix.org (change the homeserver if you use a different one)

[github-actions]

CLA Assistant Lite bot All contributors have signed the CLA ✍️ ✅

[RyanKung]

I have read and hereby sign the Contributor License Agreement.

[github-actions]

The applicant has requested the discussion of the application to happen in a private chat room.

[semuelle]

Thank you for the application, @RyanKung. I think Rings is an interesting project. However, I don't understand how - apart from the Substrate login - it is related to Polkadot. Looking at the guidelines, I am missing a more concrete connection between the two. Or am I missing something?

[RyanKung]

Thank you for the application, @RyanKung. I think Rings is an interesting project. However, I don't understand how - apart from the Substrate login - it is related to Polkadot. Looking at the guidelines, I am missing a more concrete connection between the two. Or am I missing something?

@semuelle Hi, sorry for the confusion. In my new commit, I have added detailed descriptions of Rings DID, Rings Account, and Rings Encryption.

Details about how rings network connected to Polkadot or arbitrary blockchain can be found on section Rings Account and External ECC Account.

Thanks

https://github.com/w3f/Grants-Program/pull/2083/files#diff-8655f83917e150681f732dc9f68d7731cdafc16f79f9afef2b1a14fdd0ef5401R89

[Noc2]

(requested changes in the private channel)

[RyanKung]

Hi @semuelle @Noc2 , I'm not sure where to put the explaination, So I put it here, I believe it will bring benefit to the Polkadot ecosystem, actually, I think it's the missing part of Polkadot ecosystem.

What Rings network isn’t.

• Rings Network is not a blockchain

Rings Network is not a blockchain implementation; it does not have a consensus layer, which means that Rings Network does not have its own ledger.

• Rings Network is not application.

It will not focus on any specific use case; it is not a chat application, cross-chain bridge, or web application.

• Rings Network is not based on specific blockchain implantation.

Rings Network is blockchain-agnostic, with a focus on becoming a universal communication layer for arbitrary blockchain implementations.

• Rings Network is not alternative libp2p for building network.

Unlike libp2p, which is widely used by blockchain implementations like Polkadot, Substrate, and Filecoin, Rings Network aims to become an overlay for other decentralized networks.

What Rings Network is.

• Rings Network is the only way to achieve fully decentralized network.

Currently, it is impossible to build a fully decentralized network without Rings Network. This issue is related to the "Narrow waist of the internet." Unless clients (browsers) can establish direct connections to each other (WebRTC) and provide mechanisms to make peers and services discoverable (Chord DHT), Rings Network is the solution.

• Rings Network is the communication layer of Web3.

With Rings Network, centralized services like the front-end services of the web and gateway services of Web3 infrastructure can be transformed into decentralized services. Rings DHT can be compiled into WebAssembly (WASM) and run inside browsers, decentralizing the core part of the current internet. This means that IP/DNS is no longer necessary, AWS is no longer required, and centralized IP/domain-based gateways are no longer needed.

• Rings Network is a bridge for cross-chain message.

Rings Network enables the sending of messages across various blockchain implementations, allowing users in the network to be authenticated with identities from different blockchain projects.

• Rings Network is focusing to be an infrastructure for application layer of Web3.

With Rings Network as a foundation, building applications like decentralized email, decentralized web, and decentralized games is easier than ever. Rings Network supports WebAssembly (WASM) and FFI, and nodes can run in any environment (browser or native) using any programming language (Rust, Python, Node.js, etc.). It provides the best toolset for Web3 builders.

[semuelle]

See comments in the private channel.