Timeline for What is the purpose of signing a message before sending a transaction when I already have to sign the transaction when sending?
Current License: CC BY-SA 4.0
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Nov 26 at 5:05 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
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Nov 21, 2023 at 22:07 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
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Mar 23, 2023 at 19:02 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
Feb 16, 2023 at 15:04 | answer | added | Chewonithard | timeline score: 0 | |
Mar 13, 2022 at 0:15 | comment | added | Kyle Baker | You need to provide an actual example.I could speculate several possible reason, but without knowing the exac DEX(s) you have in mind, it's impossible to answer. | |
Dec 30, 2021 at 4:53 | comment | added | Ismael♦ | @xenon Without the contract's code we can only speculate. Some contracts for example needs two transactions approve+transferFrom. In that context an extra signature might allow a single transaction, see EIP-2612 for an example. | |
Dec 27, 2021 at 11:22 | comment | added | xenon | @Richard The most recent DEX I was using that I notice this is VVS but I remember they aren't the only one doing that. Since sending the actual transaction would require me to sign the transaction anyway, what is the purpose of authenticating me? Wouldn't the transaction be enough to be certain that I'm the one sending it? | |
Dec 27, 2021 at 11:19 | comment | added | Richard | Often signed messages are used as an authentication mechanism, so that the interface knows that you actually have access to the address that is provided. To provide more details you would have to share an example DEX where you see this behaviour. | |
Dec 27, 2021 at 11:16 | history | asked | xenon | CC BY-SA 4.0 |