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Towards Proxy Staking Accounts Based on NFTs in Ethereum
April 23, 2024, 4:11 a.m. | Viktor Vala\v{s}t\'in, Roman Bitarovsk\'y, Kristi\'an Ko\v{s}\v{t}\'al, Ivan Kotuliak
cs.CR updates on arXiv.org arxiv.org
Abstract: Blockchain is a technology that is often used to share data and assets. However, in the decentralized ecosystem, blockchain-based systems can be utilized to share information and assets without the traditional barriers associated with solo responsibility, e.g., multi-sig wallets. This paper describes an innovative approach to blockchain networks based on a non-fungible token that behaves as an account (NFTAA). The key novelty of this article is using NFTAA to leverage the unique properties of NFTs …
accounts arxiv assets blockchain can cs.cr cs.dc data decentralized ecosystem ethereum information nfts proxy responsibility share share information staking systems technology wallets
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