most wallet confirmation screens are good at showing gas and terrible at showing blast radius.
a user sees the token, the contract, and a button that says approve. what they often do not see in plain language is
how much the contract can move
whether the permission expires
whether the contract can be upgraded later
which assets are exposed if the signature is malicious
how to revoke it before anything happens
that is a strange design choice. the most dangerous moment in self custody is often treated like a legal disclaimer instead of a risk decision.
transaction simulation helps, but even a simulation can miss what a future approval allows. i think wallets should show a simple worst case preview before signing. something like “this contract can move all of your USDT until you revoke access” is much more useful than a wall of hex and gas estimates.
would that meaningfully reduce losses, or would most users still click through until wallets add hard limits by default?
submitted by /u/CODE_HEIST [link] [comments]r/CryptoCurrencyRead More
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