DFINITY founder accuses NEAR of using proprietary cryptography in NEAR Intents
- —The disputed component is threshold ECDSA for cross-chain custody and signing, roughly 3x faster than alternatives
- —Williams says the technology was licensed exclusively for use on Internet Computer
- —NEAR ran the component on eight servers, which DFINITY says undercuts its decentralization claims
- —DFINITY cites potential legal liability and says it wants to resolve the dispute with NEAR
Why it matters: The dispute touches cross-chain bridge security and ownership of core cryptographic components, a risk for NEAR Intents and the NEAR token.
Source: PANews