DFINITY Founder Accuses NEAR Intents of Using Proprietary Technology
Written with artificial intelligence.
DFINITY's founder, Dom, has accused NEAR Intents of unauthorized use of DFINITY's proprietary cryptographic technology, specifically a threshold ECDSA algorithm intended for the Internet Computer. This allegation raises potential legal issues and questions NEAR's claims regarding decentralization and security.
Allegations of Unauthorized Use
Dom, the founder of DFINITY, publicly claimed on X that NEAR Intents is utilizing key components of DFINITY's proprietary technology without authorization. He asserts that this technology is specifically licensed for use with the Internet Computer.
Technical Details
The disputed technology involves a threshold ECDSA algorithm, which is designed to enhance the speed of transaction signing for cross-chain asset custody and trades by approximately three times compared to other solutions. Dom indicated that NEAR's implementation of this technology, deployed across eight servers, does not align with its stated goals of decentralization and security.
Potential Legal Implications
Dom has expressed concerns regarding potential legal ramifications stemming from this situation, suggesting that both DFINITY and the Internet Computer Protocol (ICP) community have suffered damages. He hopes for a resolution between the parties involved.