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Definición SignatureSigningECDSA signature

Digital Signature

Proof, produced with a private key, that the holder of that key approved one specific message such as a transaction.

The signer computes a signature over the hash of the exact message, and anyone can verify it against the public key, so a signature authorizing one amount and recipient cannot be reused for a different amount or recipient. Nodes reject transactions whose signatures do not verify, which is the entire authorization system of a public blockchain: there are no accounts to log into and no operator to appeal to. Signatures are also used off-chain, for signing into applications and for approvals such as permit-style token allowances, where a signed message lets a contract move tokens later without a transaction being visible at the moment of signing. That last pattern is why wallets warn about signature requests, and it is behind a large share of consumer losses.

En la práctica

Signing a permit message grants a contract permission to transfer a token balance later, so the loss occurs at a moment the victim did not associate with a transaction.

El malentendido más común

Signing a message is not always harmless; some off-chain signatures authorize a contract to move your tokens afterwards, with nothing appearing on chain at the time.

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Términos relacionados

Account Abstraction Letting a user's account be a programmable contract, so rules such as spending limits or social…
Private Key The secret number that authorizes spending from an address; whoever knows it controls the assets,…
Public-Key Cryptography A system of paired keys where one key can be shared openly and the matching secret key is kept…
Smart Contract A program stored on a blockchain that runs exactly as written whenever someone sends it a…
Wallet Software or a device that stores private keys and uses them to sign transactions; it does not hold…
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