Ethereum Foundation Teams Up with Multiple Wallets and Security Firms to Launch Clear Signing Standard, Aiming to Eliminate "Blind Signature" Risk
BlockBeats News, May 13th — Under the Ethereum Foundation's "$1 Trillion Security Initiative (1TS)," in collaboration with wallet developers, security firms, and ecosystem contributors, an open standard called "Clear Signing" has been launched to address the long-standing issue of "Blind Signing" in the Ethereum ecosystem. The official announcement stated that several major security incidents, including the hack at an exchange, ultimately involved users approving transactions without understanding the transaction content.
The core objective of this initiative is to achieve "What You See Is What You Sign (WYSIWYS)," where users can see a clear, readable, and structured transaction description in their wallets, rather than complex machine code or hexadecimal data. To achieve this, the ecosystem has introduced the ERC-7730 standard, descriptor registry system, verification mechanisms, and related development tools to support wallets in uniformly displaying transaction behaviors.
According to the introduction, anyone can submit transaction descriptors for the protocol, which are then validated and signed by independent reviewers, allowing wallets to choose their trusted data sources. As the descriptive information is separate from the transaction body, this approach is compatible with both existing and future Ethereum applications.
The Ethereum Foundation has stated that it will maintain the Clear Signing infrastructure as a "trusted neutral party" and promote industry adoption through clearsigning.org. Currently, teams participating in this initiative include Ledger, MetaMask, WalletConnect, Fireblocks, Trezor, Keycard, Cyfrin, Sourcify, ZKnox, Zama, among others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
Report: Samsung’s HBM4/HBM4E production may double next year, with product share rising from 40% to 80%
Samsung is betting on AI storage chip upgrades: next year, the production of the HBM4 series may at least double, with overall HBM monthly wafer input increasing by nearly 40%. The share of high-end product shipments will jump from 40% to 80%. Glass substrate demand will increase fivefold in two years, reflecting accelerated capacity expansion of advanced stacking technology, with supply chain orders simultaneously benefiting.
Euro: Holds below 1.15 against US Dollar as yields rise - Danske Bank
