• Ethereum launched Clear Signing, replacing unreadable hex data with plain language approvals.

  • Blind signing contributed to the $1.4 billion Bybit hack and billions in ecosystem losses.

  • Ledger, Trezor, MetaMask, WalletConnect, and Fireblocks are already integrating the standard.

The Ethereum Foundation on Tuesday launched Clear Signing, an open standard designed to replace unreadable transaction data with plain language descriptions before users approve on-chain activity.

The foundation called blind signing a structural flaw that has contributed to billions of dollars in ecosystem losses, including last year’s $1.4 billion Bybit hack. The standard is now live and being integrated by Ledger, Trezor, MetaMask, WalletConnect, and Fireblocks, among others.

How It Works

Currently, approving an Ethereum transaction often means confirming a string of machine-readable…

Read The Full Article Ethereum Launches Clear Signing Standard to End Blind Transaction Approvals On Coin Edition.