Cornell University has launched the "Liquefaction" use case for the first time, allowing users to borrow tokens without having ownership.

Golden Finance reports that researchers from Cornell Tech have proposed a cutting-edge use case that challenges a core assumption of blockchain security: only private key holders can control digital assets. This application, named "Take My Ape," employs a process called "Liquefaction," allowing users to temporarily access blockchain assets (such as Bored Ape NFT) without actually owning these assets. The project was launched on June 11, coinciding with the tenth anniversary of the Initiative for Crypto Contracts and Consensus (IC3).

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)