Background The NuCypher and Keep communities recently proposed an on-chain collaboration that would form a unified threshold cryptography network. The original proposals and subsequent community discussion can be found in the links below: * NuCypher DAO forum: https://dao.nucypher.com/t/codename-keanu-the-first-ever-decentralized-on-chain-network-hard-merge-between-keep-and-nucypher/159
Based on initial feedback there appears to be sufficient support in both communities to continue working towards this collaboration and iterate on a final proposal.
Signal This informal signal is meant to gauge continuing Staker support for the above. It is not a formal DAO proposal and it has no on-chain impact.
It’s meant purely as an opportunity for Stakers to signal their interest or non-interest in a future final proposal that would capture the following key terms:
Next Steps If there is sufficient Staker support for this signal, then the communities would continue to collaborate on developing a final proposal for DAO approval.
A final proposal would address implementation details, economic design, and other relevant considerations, which would be the subject of forthcoming community discussions and signals.
For example, a significant economic consideration would be the percentage of unminted NU supply transferred to the control of the unified network’s DAO.