Cornell Tech Research Disrupts Blockchain Security with Liquefaction Technology for Temporary Access to NFTs

DappDominator · 2025-06-12T04:23:22+00:00

According to 【Golden Finance】, researchers at Cornell Tech have proposed a cutting-edge use case that challenges a core assumption of Blockchain security: that only Private Key holders can control digital assets. The 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 those assets. The project was launched on June 11 to commemorate the tenth anniversary of the Initiative for Crypto Assets and Contracts (IC3).

DappDominator

2025-06-12 04:23:22

[Golden Finance] reported that researchers at 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. The application, named “Take My Ape”, employs a process called “Liquefaction” that allows users to temporarily access Blockchain assets (such as Bored Ape NFT) without actually owning those assets. The project was launched on June 11, to celebrate the tenth anniversary of the Initiative for Cryptocurrency and Contracts (IC3).

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