What is Blind Signing in Crypto?

Blind signing is when users on a blockchain or crypto network sign a transaction without knowing what they’re actually signing, i.e. it’s basically like signing a blank check.

These networks are incapable of solving blind signing because they don’t natively understand what a token is, and so when the relevant wallet presents a user with a transaction to sign, it is presented as what appears to be a random string of numbers and letters. 

This is the root cause of many hacks across Web3 and DeFi today.

Radix’s Transaction Manifest solves blind signing with human-readable transactions, and this is enabled by the native assets on the Radix network, part of Radix’s Full Stack approach. 

Further reading:

• What are Transaction Manifests?
• Radix Blog - It’s 10PM: Do you know where your tokens are?
• Twitter - We Got That - Human Readable Transactions
• Radix Blog - Rekt Retweet #2 - Why the $120m Badger DAO hack could NEVER happen on Radix
• Radix Blog - Rekt Retweet #4 - Why your Bored Apes (and all other NFTs) aren’t safe… except on Radix
• Comparing Virtual Machines: Message Only vs Asset-Oriented

‍