Ethereum Foundation and Major Wallets Launch “Clear Signing” Standard to End Blind Transaction Approvals
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