Blind signing - DeFi mass adoption blocker / Radek Svarz

Описание к видео Blind signing - DeFi mass adoption blocker / Radek Svarz

DeFi relies on self-custody for users to control their assets, but this requires trust in several technologies and cautious behavior. Blind signing undermines this trust.

By signing the DeFi transaction, a user expressly acknowledges and agrees that she understands what she is signing. Is this a valid assumption?

Blind signing in DeFi has raised concerns among experts and caused losses for early adopters in millions of USD, hindering future mass adoption. Such negative impact discourages potential users from using self-custody and DeFi.

The presentation explores the problem of blind signing, its causes, significant losses, and how the smart contract industry is addressing it.

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