Let’s Eradicate Address Poisoning Scams
I’ve been fighting a fever today — 38.9°C a few hours ago. First time getting sick since leaving prison. Even through the fog, one issue has stayed firmly on my mind: address poisoning scams must be eliminated.
Our industry has the tools to stop this — completely. Protecting users should not be optional.
Here’s what needs to happen:
1. Wallet-level protection
Wallets should automatically detect whether a receiving address is a known poison address and block the transaction. This is a simple blockchain query.
2. Real-time security collaboration
Security alliances across the industry should maintain and share a real-time blacklist of malicious addresses. Wallets can then verify destinations before transactions are signed.
3. Proven solutions already exist
Binance Wallet already does this. If a user attempts to send funds to a known poison address, a warning appears immediately. (I only have a Chinese screenshot, but the concept is clear.)
4. Eliminate visual attack vectors
Wallets should stop displaying spam transactions altogether. If a transaction value is negligible, it should be filtered out entirely. Visibility enables deception.
This isn’t a technical challenge — it’s a responsibility issue.
Protecting users must come first.
Let’s eliminate this threat at the root.