In the current form, I support this proposal and team can move the proposal from Draft to Ready.
Why I am supporting this proposal:-
Pros:-
- Good cause, protecting the settlement layer is public good.
- Promote decentralization
- Team is transparent and willing to provide quarterly report on funds
- Proposal is aligned with OP Ethos.
Cons:-
- New project and team, at least to me.
- 800K seems like a big number but at the time of writing the comment, 800K roughly translates to 10 validator node
- Pseudonymous team, necessarily not a bad thing but it does not help building trust.
cc @netrunner