AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
ERC-6551: Is This the Next Big Leap in NFT Innovation? - Ep. 514
Unchained
The Security Model of Token Binding Accounts
Token bound accounts don't change the security model in any significant way. It's just kind of adding an extra layer of worship, right? Instead of your wallet owning a single asset, your wallet now owns an asset that owns an assetThat could open up the door for certain types of fraud on marketplaces. This has been a problem with any NFT that has state for as long as we've had NFTs. And so you can use your token bound account day to day without worrying about the NFT that owns that account being lost.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode