Quick tips: Offline signature authorization
These signatures are not submitted to the blockchain themselves, and signing them does not require Gas. However, the party that obtains the signature can submit it to the blockchain to activate the authorization.
Phishing websites often set the authorization amount to the maximum and the deadline far in the future. Signing it is effectively handing over control of those tokens.
When a signature request contains fields such as Permit, spender, amount, and deadline, treat it as an authorization.
Token mentioned in the discussion: $ETH quoted at 2320.59 (24h +1.14%).
These signatures are not submitted to the blockchain themselves, and signing them does not require Gas. However, the party that obtains the signature can submit it to the blockchain to activate the authorization.
Phishing websites often set the authorization amount to the maximum and the deadline far in the future. Signing it is effectively handing over control of those tokens.
When a signature request contains fields such as Permit, spender, amount, and deadline, treat it as an authorization.
Token mentioned in the discussion: $ETH quoted at 2320.59 (24h +1.14%).
