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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Hi everyone! The validation process for DAO Proposal #1 – Improve staker P/L by increasing period duration has begun!

Please proceed to validate (or invalidate) this much-anticipated protocol upgrade!

1) Read the proposal -> https://dao.nucypher.com/t/1-improve-staker-p-l-by-increasing-period-duration/110

2) Validate/invalidate the protocol upgrade -> https://client.aragon.org/#/nucypherdao/0x61950d573c741ca10ee6815de11bcbe7e60a0f10/vote/1/

3) Upgrade your node to nucypher v4.8.0 or higher. Do this anytime before the protocol upgrade, but we strongly recommend doing it soon so you don’t forget.

4) If/when the protocol upgrade occurs, assuming you already upgraded your node, you will migrate to the new protocol simply by restarting the node. Remember to do this *after* the validation process successfully concludes. 
 
Note that steps 3 & 4 are the minimum actions required from every single NuCypher staker who wishes to continue staking post-upgrade.

You can also inspect the proposal’s target code here:
https://etherscan.io/address/0x818bc355572F4F7C0A2dED95Eebd495eB0972b64#code

Hi everyone. The validation process for DAO Proposal #1 – Improve staker P/L by increasing period duration has begun.