Koinlytics

EIP-712: Typed Data Signatures Explained

Ethereum Standardsintermediate6 min read
Why signing a hash is dangerous and how EIP-712 lets your wallet decode what you're actually signing.

A traditional Ethereum signature is over a raw hash. Your wallet cannot decode what the hash represents. "Sign this: 0x8a7b6c..." gives you no information. Attackers exploited this constantly by getting users to sign hashes that turned out to be token approvals or asset transfers.

The problem in one example

User sees: "Sign message to prove wallet ownership." Wallet shows: 0x94a3fd... Signature actually authorizes a Permit that grants unlimited USDC approval to an attacker. User has no way to know.

What EIP-712 does

Structures the message. Instead of a raw hash, the signer sees:

The wallet can display: "You are signing a Permit for USDC. Owner: 0xYou. Spender: 0xAttacker. Value: 115792... (max uint256). Deadline: 2050-01-01."

Adoption

What the wallet shows

Rules for users

PreviousERC-6900: Modular Smart Accounts NextEIP-3009: Gasless Transfers That Actually Work
Powered by Koinlytics · Free crypto education.

Ready to try what you just learned?

Open the Koinlytics dashboard and see the concepts live on your real portfolio.

Launch App