Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Tech Chain Daily
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Tech Chain Daily
    Home»Crypto News»Ethereum»Ethereum Community Unveils Feature to End Blind Signing
    Ethereum Community Unveils Feature to End Blind Signing
    Ethereum

    Ethereum Community Unveils Feature to End Blind Signing

    May 13, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    changelly


    The Ethereum community has introduced Clear Signing, a security feature that ensures users can clearly understand transaction details before signing, replacing unreadable hex data and reducing risks from blind signing attacks.

    “Approving a transaction is meant to be the last line of defense when exercising control over what happens to your assets on the blockchain. When it is done blindly, that defense does not hold,” the Ethereum Foundation said on Tuesday, calling blind signing a “structural flaw” that has contributed to billions of dollars in losses, including the $1.4 billion Bybit hack last year.

    The “What You See Is What You Sign” security feature aims to address this issue and is being integrated by several self-custody crypto wallets, including Ledger, Trezor and MetaMask. 

    Source: Ethereum Foundation

    notion

    The security feature comes as bad actors target the crypto industry with increasingly sophisticated hacks and scams despite considerable improvements in security measures in recent years.

    North Korean state-backed workers have stolen over $7 billion in funds alone since 2009, with a large share of that coming from crypto protocols. The Bybit hack was its largest crypto heist by compromising a third-party service provider and manipulating transaction signatures. 

    Trezor chief technology officer Tomáš Sušánka told Cointelegraph that attackers have been exploiting this relentlessly due to there not being a widely accessible security feature that is capable of distinguishing malicious smart contracts from legitimate transactions.

    This issue has led users to “unknowingly sign them, and lose everything,” Sušánka said, adding that the Clear Signing feature “directly addresses this by making transactions human-readable before approval.”

    The Clear Signing feature was introduced through the Ethereum Foundation’s Trillion Dollar Security Initiative and initiated by Ledger through the open-source ERC-7730 token standard.

    The foundation said the key components of the Clear Signing feature include “human-readable transaction descriptions” and a “neutral, mirrorable descriptor registry.”

    Related: Ethereum’s EEZ could pull other blockchains into its orbit 

    It also includes an attestation framework enabling auditors to verify those descriptors.

    A host of crypto platforms are supporting Clear Signing

    Several other crypto wallets and Ethereum privacy and security platforms contributed to the Clear Signing feature, including Keycard, WalletConnect, Argot, Sourcify, Zama, ZKnox and Fireblocks.

    Sušánka said Trezor seeks to implement the security feature before June 30.

    “We’re implementing this standard because it’s the right thing to do for our users,” Sušánka said before calling the Clear Signing feature a “critical security advancement for our entire industry.” 

    Magazine: Guide to the top and emerging global crypto hubs: Mid-2026



    Source link

    bybit
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    Ether Open Interest Hits New Highs on Binance: Are Bulls Back?

    June 12, 2026

    Ethereum Whales Hold Firm as Retail Retreats: What On-Chain Data Reveals

    June 11, 2026

    Ethereum price forecast as BitMine buys 126,971 ETH: has ETH bottomed?

    June 10, 2026

    Bitmine’s Ether Holdings Reach 5.54M ETH After Latest Purchase

    June 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    quillbot
    Latest Posts

    Franklin Templeton, BNP Paribas See Tokenization Boosting EU’s Capital Efficiency

    June 12, 2026

    Ether Open Interest Hits New Highs on Binance: Are Bulls Back?

    June 12, 2026

    Bitcoin Could Be 50% Undervalued. Should You Buy It Right Now?

    June 12, 2026

    Jinhua Zhao named head of the Department of Urban Studies and Planning | MIT News

    June 12, 2026

    I Found 5 Unsaturated Ways To Make Money Online With AI (I’m doing 4)

    June 12, 2026
    10web
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Google Releases Gemini-SQL2: Gemini 3.1 Pro Text-to-SQL Scores 80.04% on BIRD Single-Model Leaderboard

    June 13, 2026

    How to Make Your First AI Movie (Full Guide)

    June 12, 2026
    bybit
    Facebook X (Twitter) Instagram Pinterest
    © 2026 TechChainDaily.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.