ONE SIGNATURE. COULD SOMEONE MOVE YOUR FUNDS WITHOUT ASKING AGAIN? đ
That is a real risk with malicious EIP-7702 delegation. But seeing âEIP-7702â on your wallet does NOT automatically mean you have been hacked
Here is the simple explanation đ
A regular wallet uses your private key to sign transactions
EIP-7702 lets that same wallet address run smart contract code, adding features such as bundled transactions, sponsored gas and programmable permissions
Think of it as installing an assistant inside your wallet
A trusted assistant follows secure rules. A malicious one could let an attacker move assets without another confirmation from you
How does that happen?
âą You are tricked into signing an authorization pointing to malicious code
âą Your private key is stolen, allowing the attacker to sign it
âą The delegated code contains a vulnerability
Simply knowing your public address is not enough to install a delegation. A valid authorization signature is required
Three misunderstandings worth correcting:
â âEIP-7702 was created for hackersâ
It was designed to improve wallet functionality. The danger depends on the code and its permissions
â âDelegation cannot be revokedâ
The protocol allows it to be cleared with a valid authorization to the zero address. Your wallet interface may not support every case
â âRevoking token approvals removes everythingâ
Token approvals and EIP-7702 delegation are different permissions. Removing one does not automatically remove the other
Most importantly: if your private key is compromised, revoking delegation does not make that key safe again. The attacker can sign again
Check the actual delegated contract, not just its displayed name. Use official wallet tools, and never trust a random âfix your walletâ link
Before signing, ask:
âAm I approving one actionâor changing how my wallet can operate?â
Source: Ethereum EIP-7702 specification
#EIP7702 $BTC $ETH $BNB
That is a real risk with malicious EIP-7702 delegation. But seeing âEIP-7702â on your wallet does NOT automatically mean you have been hacked
Here is the simple explanation đ
A regular wallet uses your private key to sign transactions
EIP-7702 lets that same wallet address run smart contract code, adding features such as bundled transactions, sponsored gas and programmable permissions
Think of it as installing an assistant inside your wallet
A trusted assistant follows secure rules. A malicious one could let an attacker move assets without another confirmation from you
How does that happen?
âą You are tricked into signing an authorization pointing to malicious code
âą Your private key is stolen, allowing the attacker to sign it
âą The delegated code contains a vulnerability
Simply knowing your public address is not enough to install a delegation. A valid authorization signature is required
Three misunderstandings worth correcting:
â âEIP-7702 was created for hackersâ
It was designed to improve wallet functionality. The danger depends on the code and its permissions
â âDelegation cannot be revokedâ
The protocol allows it to be cleared with a valid authorization to the zero address. Your wallet interface may not support every case
â âRevoking token approvals removes everythingâ
Token approvals and EIP-7702 delegation are different permissions. Removing one does not automatically remove the other
Most importantly: if your private key is compromised, revoking delegation does not make that key safe again. The attacker can sign again
Check the actual delegated contract, not just its displayed name. Use official wallet tools, and never trust a random âfix your walletâ link
Before signing, ask:
âAm I approving one actionâor changing how my wallet can operate?â
Source: Ethereum EIP-7702 specification
#EIP7702 $BTC $ETH $BNB
