- Фонд Ethereum launched Clear Signing technology, which replaces unreadable hexadecimal data in transactions with understandable descriptions.
- The solution is designed to address the vulnerability associated with blind transaction signing, which has led to major hacks, including the loss of $1,4 billion in a hack. bybit.
- The standard has already been integrated by companies such as Ledger, Trezor, Dappradar, WalletConnect and Fireblocks.
Ethereum Foundation запустил Clear Signing, an open standard designed to replace unreadable transaction data with understandable descriptions before users confirm actions on the blockchain.
The organization called blind signatures a structural flaw that has already led to billions in losses in ecosystems, including last year’s exchange hack. bybit Since 2009, hackers backed by the North Korean government have stolen more than $7 million worth of cryptocurrency, much of it obtained by manipulating transaction approvals.
Such a scale can be explained by the fact that now transaction confirmation Network Ethereum Often boils down to confirming a string of machine-readable hexadecimal code that most users can’t decipher. Clear Signing replaces this with a simple explanation of what the transaction will do before the user confirms it. The standard is already used by companies like Ledger, Trezor, Dappradar, WalletConnect, Fireblocks and others.
According to Trezor CTO Tomasz Suszanka, attackers regularly exploit the lack of a tool to distinguish malicious smart contracts from legitimate ones. He explains that users “unknowingly sign them and lose everything.” The Clear Signing feature solves this problem by making transactions visible before they are confirmed.
Редакция Happy Coin News reported, what analysts Ethereum Foundation identified 100 North Korean IT specialists.
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