Overview of the two core application scenarios of ERC-6551: authorization system management without transferring ownership and NFT staking without altering form.

Overview of ERC-6551: authorization system management without transferring ownership and NFT staking without changing form.

Researcher Haotian, specializing in encryption, outlined the core scenarios of ERC-6551. Haotian stated that the biggest highlight of ERC-6551 is not the composability of NFTs. Its two most essential application scenarios have been overlooked, namely the authorization system management under non-transfer of ownership status and the staking of NFTs in pools for profit without altering their form.

Reference: https://twitter.com/tmel0211/status/1676596619158986753