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Dear IC3 Community,
Between wrapping up our first Accelerator program, publishing new research, and preparing for next month's IC3 Blockchain Camp, it’s been anything but quiet at IC3.
Here's what we've been up to:
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This paper introduces a new semantic framework for information flow control (IFC) labels that enables asymmetric delegation, allowing partial sharing of confidentiality or integrity in decentralized systems.
The authors address limitations in existing IFC models, especially around modeling semi-honest agents and securely downgrading information. They present a novel algorithm for statically checking non-malleable information flow (NMIF), along with an efficient label inference system that supports bounded polymorphism. Together, these contributions lay the groundwork for more modular and expressive IFC systems.
Authors: Selei Ren (Cornell University, IC3), Coşku Acay (Observe Inc.), Andrew C. Meyers (Cornell University)
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The authors introduce the Oracle Trilemma, a core challenge in blockchain infrastructure that balances decentralization, truthfulness, and scalability. The paper explores how oracles are evolving through mechanisms like off-chain reporting, dynamic incentives, and hybrid validation models.
The authors highlight oracles' growing role in DeFi, gaming, supply chains, and sustainability, while outlining how innovations in AI and IoT integration could expand their reach. They emphasize the need for formal standards, recursive incentives, and interdisciplinary collaboration to make oracles more secure, scalable, and adaptable.
Authors: Lin William Cong (Cornell SC Johnson College of Business, ABFER, IC3, and NBER), Luofeng Zhou (IC3, New York University Stern School of Business), Liam Fox (Chainlink Labs), Siguang Li (Society Hub, HKUST)
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With the Camp just a few weeks away, we're excited to see months of planning finally come to life!
Event Details:
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Dates: June 9–15, 2025
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Location: Cornell Tech Campus, Roosevelt Island, NYC
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Format: In-person, week-long hackathon
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We've added new speakers and panelists to the agenda for IC3's 10th Anniversary Day. Here is who you can expect to hear from:
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Ari Juels, Professor, Cornell Tech; Co-director, IC3; Chief Scientist, Chainlink Labs
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Sarah Meiklejohn, Staff Research Scientist, Google; Professor, University College London
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Emin Gün Sirer, Founder & CEO, Ava Labs
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Elaine Shi, Professor, Carnegie Mellon University
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Steven Goldfeder, Co-founder & CEO, Offchain Labs
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Phil Daian, Co-founder, Flashbots
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Dawn Song, Professor, UC Berkeley; Co-director, UC Berkeley RDI; Founder, Oasis Labs
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Ittay Eyal, Professor, Technion; Associate Director, IC3
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Fan Zhang, Professor, Yale University
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Laura Shin, Journalist & Author of The Cryptopians
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James Austgen, Cornell Tech Ph.D. student & member of IC3
Speakers and authors of influential papers such as Flash Boys 2.0, A Fistful of Bitcoins, and Town Crier, will share how their research translated from academia to the real world.
Reminder: Anniversary Day will be open to the public. Registration is mandatory and space is limited, so be sure to RSVP as soon as possible.
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Cornell Tech Ph.D. student & IC3 member James Austgen spoke with CryptoNews.com and The Block about Take My Ape, a new initiative with Oasis Protocol Foundation that allows anyone to temporarily borrow a Bored Ape and appear onchain as the actual NFT owner.
This proof-of-concept uses Liquefaction under the hood, a wallet platform that lets assets tied to a single Ethereum address be rented, shared, or pooled with zero onchain traces.
Liquefaction co-author Dani Vilardell conducted a live demonstration at EthDam earlier this month. Watch the demo here.
| | IC3's Amy Zhao also caught up with The Edge of Show at the Digital Asset Summit in New York to discuss how Ava Labs is reshaping tokenized assets and government applications. Go here to watch the full episode. | | Accelerator Program Wraps Up | | |
It’s hard to believe IC3’s inaugural Blockchain Accelerator program has officially come to a close.
Over the course of 14 weeks, each of the five teams (AgentBall, Prinx, SpaceComputer, BitGPT, Sparsity) went into builder mode, gained valuable 1:1 mentorship, and connected with top-tier investors across the ecosystem.
Congratulations to AgentBall and Prinx, each awarded $10,000 in seed funding for projects that met the Accelerator program's key criteria. SpaceComputer also secured pre-seed funding, led by Primitive Ventures. Read more about their funding announcement here.
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BitGPT made a splash at Consensus Toronto, one of the industry's leading conferences. Lia Müller Peña, Co-founder and Chief Strategy Officer, moderated a panel and was interviewed by CoinDesk.
Mark Your Calendars: BitGPT and Sparsity will conduct live demonstrations of their projects on Anniversary Day (June 11th) at the upcoming IC3 Blockchain Camp. Go here to register.
| Two of our Accelerator teams, SpaceComputer and AgentBall, are looking for student interns, testers, and project ambassadors. If you're interested, please get in touch. | |
Thanks for reading!
Ashley Stanhope,
IC3 Communications & Media Relations
LinkedIn | Twitter | initc3.org
| | IC3: Advancing the Science and Applications of Blockchains | | | | |
