Ethereum explores native transaction assertions to curb blind signing risks
The Ethereum Foundation is exploring a proposal known as EIP-7906 to introduce native transaction assertions, a feature that could prevent major exploits by reverting transactions that violate user-defined post-execution rules.
The Ethereum Foundation is exploring a proposed security upgrade called native transaction assertions, or EIP-7906, designed to address blind signing risks. Under the proposed mechanism, users sign specific rules alongside a transaction that are verified after execution, prompting the network to revert the transaction if its net state changes breach those conditions.[1][2][3]
According to the Foundation, native assertions could have blocked massive past losses, such as the record-breaking $1.5 billion Bybit hack and a flawed $50.4 million Aave swap that yielded only $36,000. Crypto Briefing reported that the proposal could bolster transaction security by reducing reliance on wallet interfaces, offering a mechanism that may appeal to institutions seeking stronger risk controls.[2][3]
However, the feature has clear boundaries and a distant timeline. The upgrade is not expected to arrive before 2027, and it would offer no defense against incidents where attackers compromise legitimate signers or take control of private keys directly.[2]
Key facts
- The Ethereum Foundation is exploring EIP-7906, a proposal for native transaction assertions aimed at mitigating blind signing risks.
- The mechanism reverts a transaction if post-execution net state changes violate rules signed by the user.
- The Ethereum Foundation stated the proposal could have prevented the $1.5 billion Bybit hack and a $50.4 million Aave swap that returned only $36,000.
- The upgrade is not expected to go live before 2027.
- Native transaction assertions will not prevent attacks involving compromised private keys or compromised legitimate signers.
- Crypto Briefing reported that the proposal could enhance security by reducing reliance on wallet interfaces and appeal to institutional risk management.
Sources · 3 sources
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CoinMarketCap@CoinMarketCapPost on X ·
LATEST: ⚡ The Ethereum Foundation says native transaction assertions could help protect users, reverting a transaction if its net state changes break a rule the user signed along with it. https://t.co/eDWfA6yslx
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Ethereum is working on a new security feature that could have prevented the record-breaking $1.5 billion Bybit hack The Ethereum Foundation is exploring “native transaction assertions,” allowing users to set rules that are checked after a transaction executes The Foundation says the proposed EIP-7906 could have blocked both the Bybit attack and the disastrous $50.4 million Aave swap that returned just $36,000 However, the upgrade isn't expected before 2027 and wouldn't prevent attacks where hackers gain control of private keys or compromise legitimate signers
Open source - CB
Crypto BriefingArticle ·
Ethereum proposes native transaction assertions to tackle blind signing Ethereum's proposal could enhance transaction security, reducing reliance on wallet interfaces and appealing to institutions seeking robust risk controls. The post Ethereum proposes native transaction assertions to tackle blind signing appeared first on Crypto Briefing .
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