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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NuCypher

Introduction:  Our new Threshold Network will offer the best of what the Keep and NuCypher networks offer today. As our communities continue to merge, we’ll need a single community DAO to govern the new network.  There are two major constituencies in the Threshold Network: active stakers and token holders. Both NuCypher and Keep governance today privilege active stakers at the expense of the voices of other token holders.  We’d like to propose a bicameral DAO with an elected multisig council to ...

TIP-001 Threshold Network DAO Proposal v1

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The Threshold Network (aka Codename KEaNU) takes its first breath!

The draft governance design for the upgraded network is live: https://forum.threshold.network/t/threshold-network-dao-proposal-v1/26

🏛 Bicameral design empower all token holders, not just stakers

📝 Proposal workflow (temperature check->proposal->vote->execution)

👩‍⚖️ DAO appointed multisig council admins rewards

Please share your thoughts, feedback, and improvements so that the network has as strong of a foundation of community governance as possible.

The Threshold Network (aka Codename KEaNU) takes its first breath.