Would you dare to sign a contract that's nothing but garbled text?
No one would do that in real life, but in the crypto world, this happens every day. You open your wallet, and a bunch of incomprehensible hexadecimal characters pops up on the screen, labeled "Contract Interaction." You hesitate for two seconds, but still click confirm—it might be a transfer, or you might be authorizing someone to use your assets without limits, or even handing over control of your wallet entirely.
This is what insiders often call "blind signing." It's not a bug in some obscure wallet, but a ticking time bomb buried in the entire blockchain industry.
**Why does blind signing happen?**
Calling a smart contract is essentially a string of compressed binary code. The wallet gets this code and just throws it at you—a mess of random characters. Regular users have no idea what they're actually authorizing.
The result? Phishing attacks, fake authorizations, and malicious contracts have already siphoned off billions of dollars from users. Many people still don't know how their money disappeared.
**Different blockchains, different issues**
Take Ethereum, for example. It's the pioneer of smart contracts, but transaction data actually consists of only two parts: the function selector (first 4 bytes) and the parameter list (split into 32-byte segments). Want to translate these bytes into plain language? You need the ABI (Application Binary Interface). The problem is, ABI isn't a standard on-chain data storage; wallets either maintain their own database or rely on third-party services. When dealing with new contracts or niche projects, users are still faced with unreadable gibberish.
Solana and ICP follow different logic. Solana's transaction structure is more flexible, but also harder to parse; ICP has made some design improvements, but its ecosystem tools are still immature.
No matter the chain, the core issue is the same: there's a huge gap between technical implementation and user understanding.
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BagHolderTillRetire
· 9h ago
Blind signing is really insane, it's like signing a contract you can't understand on the edge of life and death, and you have to pray you don't get screwed.
I've been trapped so many times that I don't want to approve anything anymore. Every time a wallet popup appears, I have to check it three times before I dare to click.
ABI, to put it bluntly, is just an excuse for wallet providers to shift the blame. Why should users have to pay for immature technology?
This is the scariest thing about new projects—one wrong click on the approval limit and your assets are monitored from then on. Might as well just consider that money gone.
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RugpullSurvivor
· 12-05 07:56
Damn, it's another blind signing. I've already been exploited for airdrops three times. Now whenever I see hexadecimal, I just run.
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SelfMadeRuggee
· 12-05 03:55
Uh, seriously, I've had too many painful experiences blindly signing things. Once I authorized something and didn't revoke the permissions, my wallet basically turned into an ATM.
If you can't understand the contract, don't click it, but there are still people who go for speed and just press it—serves them right.
ICP really lacks good tools, even parsing Solana is tough, and on Ethereum we still rely on third-party tools to survive.
Web3's so-called "usability" is a joke—it's always a trade-off between security and convenience.
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FUD_Vaccinated
· 12-05 03:51
Damn, this is exactly why I always tell my friends not to click confirm so casually.
You can hand over your wallet in just one second—this industry is just that ridiculous.
Honestly, the whole ABI thing should have been solved a long time ago. Still relying on third-party databases? What a joke.
View OriginalReply0
DoomCanister
· 12-05 03:44
This is unbelievable. Blind signing is basically sending an invitation to hackers. I don't even dare touch my wallet anymore.
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RektButSmiling
· 12-05 03:43
I have already been tormented by the fear of blind signing, and now I break out in a cold sweat reflexively whenever I see an authorization request.
View OriginalReply0
SatsStacking
· 12-05 03:31
Here we go again, I'm already numb to it. Why hasn't anyone made a wallet that's easy to understand?
Would you dare to sign a contract that's nothing but garbled text?
No one would do that in real life, but in the crypto world, this happens every day. You open your wallet, and a bunch of incomprehensible hexadecimal characters pops up on the screen, labeled "Contract Interaction." You hesitate for two seconds, but still click confirm—it might be a transfer, or you might be authorizing someone to use your assets without limits, or even handing over control of your wallet entirely.
This is what insiders often call "blind signing." It's not a bug in some obscure wallet, but a ticking time bomb buried in the entire blockchain industry.
**Why does blind signing happen?**
Calling a smart contract is essentially a string of compressed binary code. The wallet gets this code and just throws it at you—a mess of random characters. Regular users have no idea what they're actually authorizing.
The result? Phishing attacks, fake authorizations, and malicious contracts have already siphoned off billions of dollars from users. Many people still don't know how their money disappeared.
**Different blockchains, different issues**
Take Ethereum, for example. It's the pioneer of smart contracts, but transaction data actually consists of only two parts: the function selector (first 4 bytes) and the parameter list (split into 32-byte segments). Want to translate these bytes into plain language? You need the ABI (Application Binary Interface). The problem is, ABI isn't a standard on-chain data storage; wallets either maintain their own database or rely on third-party services. When dealing with new contracts or niche projects, users are still faced with unreadable gibberish.
Solana and ICP follow different logic. Solana's transaction structure is more flexible, but also harder to parse; ICP has made some design improvements, but its ecosystem tools are still immature.
No matter the chain, the core issue is the same: there's a huge gap between technical implementation and user understanding.