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Crypto DeFi

DFINITY founder accuses NEAR of unauthorized use of threshold ECDSA tech

DFINITY founder Dom Williams alleged on X that NEAR Intents uses proprietary DFINITY technology, including a threshold ECDSA algorithm for cross-chain asset custody and transaction signing that he said is about three times faster than alternatives. He claimed NEAR deployed the technology on eight servers without delivering the promised decentralization and security, and said GitHub records show NEAR recently sought to downgrade to a roughly three-times-slower scheme. The allegations have not been independently verified.

Original source

AI take

A public accusation between two major ecosystem founders turns a technical design choice into a credibility contest, and the timing is notable: threshold ECDSA sits at the core of cross-chain custody, where trust assumptions matter more than raw speed claims. The unverified status cuts both ways, so the practical question is whether DFINITY or NEAR produces verifiable evidence — commit history, audits, or a response — rather than dueling posts. For builders choosing signing infrastructure, the dispute is a reminder that decentralization claims are hard to assess from the outside.

Generated by AI for reference only.

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