When your wallet pops up a “Please sign” window, what exactly are you signing?
First, what it is: A digital signature does not encrypt transaction details. The amount and address of an on-chain transfer remain visible to everyone.
How it works: A signature request from your wallet isn’t necessarily a transfer; it could also be a token approval or an off-chain signature. The consequences of signing could be just as serious as making a transfer.
When sending $BTC , your wallet uses your private key to sign the transaction, and nodes across the network use your public key to verify the signature. Current price: 84085.07.
Verify information using multiple sources before deciding. Don’t rely on just one person’s word.
First, what it is: A digital signature does not encrypt transaction details. The amount and address of an on-chain transfer remain visible to everyone.
How it works: A signature request from your wallet isn’t necessarily a transfer; it could also be a token approval or an off-chain signature. The consequences of signing could be just as serious as making a transfer.
When sending $BTC , your wallet uses your private key to sign the transaction, and nodes across the network use your public key to verify the signature. Current price: 84085.07.
Verify information using multiple sources before deciding. Don’t rely on just one person’s word.