What happens when a custodian comes to a decision that they can no longer manage their grant?
The scenarios that I am thinking about are not situations where the custodian is trying to defraud the shareholders, but rather, those where the custodian is physically or mentally unable to continue in the best interests of the network. For example, unforeseen health problems, or a change in local regulations that impact their access to a network.
Nu is still new, so I don’t anticipate that it will be faced with this concern for a while, but I wanted to start to get people thinking about solutions for providing custodians a “way out” that best protects shareholders, currency holders, and everyone else.
My initial thoughts go to using a crypto proveable burn address to destroy the grant, or a way for the shareholders to vote for a replacement custodian that can take over operations of the original grant’s funds.
There are pros and cons to everything, and lots of solutions that I haven’t considered, so let’s hear what the community has in mind.
