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What is Blind Signing? How to Improve Safety While Using dApps

By Wayne Ingram
Jul 23, 2024
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What is Blind Signing? Blind signing is one of the most insidious tricks being leveraged by scammers to steal your assets. Let's take a closer look.

What is Blind Signing?

A blind signature is a kind of digital signature in which a message's contents are hidden before it is signed. Before you sign a contract, you typically need to read the small print to understand what you're agreeing to. The majority of decentralized applications, however, simply provide a high-level overview of the steps involved in a smart-contract call.

A Web 3 wallet allows you to sell an asset at a specific price and confirm the transaction with your private key with only the click of a button, all without having to understand the complex code that underlies it.

How to Improve Safety While Using dApps

Disable Blind Signing

Blind signing is not supported by all digital wallets. If possible, do not force a transaction on a non-supporting wallet by going through third-party applications, especially when you're transacting with someone you don't fully trust.

Don't Trust, Verify

Always make sure that you are signing the right smart contract from the right platform. Moreover, always try to determine whether the app or website you're using is compromised. You need to be very vigorous when it comes to transacting on a trustless platform, or you just might lose all the assets in your wallet.

What is Blind Signing? How to Improve Safety While Using dApps - Hopefully, this article can help you to get some knowledge.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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