A working group involving the Ethereum Foundation (EF), wallet developers, and cybersecurity firms has introduced the Clear Signing initiative—a protective mechanism against attacks via blind signing of transactions.
The project's goal is to standardize the descriptions of operations on the blockchain and make them understandable for users.
As part of this initiative, EF has introduced:
- ERC-7730: an open standard for transaction description format, proposed by Ledger in 2024;
- public registry: a platform at clearsigning.org where developers can publish descriptions of smart contracts;
- verification system: independent experts will verify and confirm the accuracy of the data in the registry.
When confirming transactions, wallets often display technical data in the form of hash codes. Fraudsters exploit this by presenting users with malicious contracts. ERC-7730 introduces a "what you see is what you sign" format, allowing applications to provide clear and structured descriptions of actions on the blockchain.
Source: Clear Signing.
To implement the project, a special registry of descriptors has been created. The Ethereum Foundation will act as a neutral operator of this infrastructure, while independent experts will verify the accuracy of descriptions through a certification system.
Major industry players, including Ledger, MetaMask, WalletConnect, Fireblocks, Trezor, and others, participated in the development of the standard. The authors have urged creators of decentralized applications and crypto wallets to adopt ERC-7730 so that "clear signing" becomes the default standard on the Ethereum network.
Recall that in March, Gnosis and Zisk, with the support of EF, created a framework to unify the fragmented ecosystem of Layer 2 networks.
In April, Gnosis co-founder Frederike Ernst reported that not only L2 solutions could join the project.