I realized while chatting with newcomers around me that many people get this mixed up.
EIP-712 defines a format for signing structured data. Wallets that support it can display each item of the data to be signed, making it much easier to understand than a string of hashes.
The risk with signing is that the chain only checks whether the signature is valid—not whether the person signing understood its contents.
By the way: $ETH reports 2061.07, 24h +0.55%.
What would you like to see next time? Smart contracts or something else?
EIP-712 defines a format for signing structured data. Wallets that support it can display each item of the data to be signed, making it much easier to understand than a string of hashes.
The risk with signing is that the chain only checks whether the signature is valid—not whether the person signing understood its contents.
By the way: $ETH reports 2061.07, 24h +0.55%.
What would you like to see next time? Smart contracts or something else?