Address poisoning, a new way to scam people. How does it work and how to prevent it (feel free to share ๐ )
๐ถ what is ๐๐๐๐ซ๐๐ฌ๐ฌ ๐ฉ๐จ๐ข๐ฌ๐จ๐ง๐ข๐ง๐ ?
This is a method of taking advantage of a person's inattention when sending their funds to a wallet they have in their history. Since on Metamask, people often only pay attention to the last letters/numbers of the addresses they send funds to, some smart guys create fake addresses that end up the same.
They send a transaction to the target address (amount = zero, the main thing is to appear in the victim's transaction history, and they have to pay the gas charges).
Yes, but you'll tell me, you still need to be able to create a similar wallet address... This is possible with vanity addresses.
๐ถ ๐ ๐จ๐๐ฎ๐ฌ ๐ฌ๐ฎ๐ซ ๐ฅ๐๐ฌ ๐ฏ๐๐ง๐ข๐ญ๐ฒ ๐๐๐๐ซ๐๐ฌ๐ฌ
These are custom blockchain addresses generated by specialized algorithms.
Vanity addresses are created by specifying a desired string, which is then used to generate a wallet address.
This can be time consuming, as the algorithm must try many combinations before finding an address that includes the desired string.
For example, "0x1111111254fb6c44bAC0beD2854e76F90643097d" is the address is the DEX 1inch aggregator router.
If you plan to do this yourself, it's probably a bad idea, because if you don't have the algo that generates this public key yourself, it means you are not the sole owner of your private key...
๐ถ How to protect yourself?
It's an obvious one, but one that's good to remember anyway: always always check the address you're sending your funds to several times (beginning middle end).
Etherscan has actually set up a system that allows you to hide null transactions, to avoid disappointment..
