NuCypher is a decentralized KMS token that removes the limitations of using consensus networks to securely store and manage private encrypted data. The coin is accessible, intuitive, extensible, only the owner of the data has access to them, there is a re-encryption scheme for cryptographic access control.

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TLDR  Running a NuCypher worker is too expensive, particularly for independent operators. Existing mitigations (e.g. gas price ceiling) are potentially service disrupting and wealth concentrating. Lowering worker overheads enables more competitive break-even price points (min fee rate) – likely to hasten/widen adoption. We propose increasing the global period duration parameter (currently 24h). This proposal will require a proactive and (somewhat) synchronous migration of stakers from the curren...

#1 Improve staker P/L by increasing period duration

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Discussion on DAO proposal to reduce commitment frequency by extending period length in order to reduce gas costs associated with running a NuCypher node. Stakers, please provide your thoughts: https://dao.nucypher.com/t/improve-staker-p-l-by-increasing-1-period-duration-2-min-stake-size/110