Ethereum wants to end blind signing with new security feature
Ethereum launches Clear Signing to make wallet approvals readable, with Ledger, Trezor and MetaMask backing ERC-7730 after Bybit hack risks.
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The post Ethereum Foundation and Major Wallets Launch “Clear Signing” Standard to End Blind Transaction Approvals appeared on BitcoinEthereumNews.com. The last few years have shown that the biggest vulnerability in crypto wallets today is blind signing. This is the practice of approving raw hex strings without knowing what they actually do. However, on Tuesday, the Ethereum Foundation officially announced that this standard is going to be phased out and replaced with clear signing alongside some of the leading wallets and hardware infrastructure that actually run Ethereum for most users. This includes names like Ledger, Trezor, MetaMask, WalletConnect, Fireblocks and Cyfrin. In practice, this means users will be able to see a plain, human readable summary of what a signature authorizes. 0/ Clear signing is now live. An open standard to end blind signing, making human-readable transactions default. This effort brings a major UX and Security upgrade to transaction signing on Ethereum. p
Read full articleEthereum launches Clear Signing to make wallet approvals readable, with Ledger, Trezor and MetaMask backing ERC-7730 after Bybit hack risks.
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Crypto platforms Ledger, Trezor, MetaMask, Keycard, WalletConnect, Argot and Fireblocks are among the earliest adopters and contributors to Clear Signing, aimed at ending “blind signing.”
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Developed alongside major ecosystem contributors, the initiative intends to make transaction signing safer on Ethereum.
Ethereum Clear Signing simplifies wallet approvals, enhancing security by translating transaction data into human-readable language. The post Ethereum Foundation launches clear signing to make wallet approvals easier to understand appeared first on Crypto Briefing.
Ethereum developers proposed a solution that would end "blind signing," a technical feature that has led to potentially billions in losses.
The initiative, anchored by ERC-7730 and a new attestation framework, aims to make human-readable transactions the default across wallets and protocols.