🚨 Industry leaders have recently proposed an interesting security concept, with a core idea summed up in one word: "Eliminate Scams."
What exactly does this entail? They suggest that all wallets should take proactive measures to check whether the recipient address in a transfer is a known scam address and automatically intercept such transactions. The entire industry should collaborate to maintain a real-time blacklist database and filter out malicious transactions directly from the user interface. This approach protects users from the source.
**So, how far has the industry progressed?**
Honestly, there have been quite a few developments:
• **Proactive Protection is Live**: Some leading exchanges' wallet products have integrated risk warning systems that alert users about suspicious transactions, with severe cases being directly blocked.
• **Database Under Construction**: Security teams like SlowMist are building malicious address databases and providing API interfaces. The framework for an industry security alliance has already begun to take shape.
• **Interfaces Are Becoming Cleaner**: More and more wallets are supporting features to filter out spam transactions.
**So, what is the key to fully realizing this vision?**
1. **Open Standards Are Fundamental**: A set of open-source, transparent threat intelligence sharing protocols needs to be established, allowing all wallet developers to access fairly, rather than being dominated by a few. $BTC $ETH $BNB
2. **Balance of Power Is Crucial**: When designing interception rules, extra caution is needed to avoid centralized censorship and to prevent legitimate transactions from being mistakenly blocked. Striking this balance is very challenging.
3. **Education Cannot Be Overlooked**: Technical safeguards alone are not enough; user security education must be paired with them. Both are necessary to walk the path forward.
This approach sets a new benchmark for the entire industry—upgrading from merely "protecting users" to implementing truly architectural-level practices. However, to make it a reality, developers, platforms, and communities need to work together over the long term. It’s a long road ahead.
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VitalikFanboy42
· 5h ago
It's the same old blacklist approach. It sounds good, but in practice... who decides?
View OriginalReply0
AirdropHunter9000
· 5h ago
Once a blacklist starts, it's hard not to evolve into a power game.
View OriginalReply0
ShitcoinArbitrageur
· 5h ago
Blacklisting is happening again, and isn't it all decided by the major exchanges?
🚨 Industry leaders have recently proposed an interesting security concept, with a core idea summed up in one word: "Eliminate Scams."
What exactly does this entail? They suggest that all wallets should take proactive measures to check whether the recipient address in a transfer is a known scam address and automatically intercept such transactions. The entire industry should collaborate to maintain a real-time blacklist database and filter out malicious transactions directly from the user interface. This approach protects users from the source.
**So, how far has the industry progressed?**
Honestly, there have been quite a few developments:
• **Proactive Protection is Live**: Some leading exchanges' wallet products have integrated risk warning systems that alert users about suspicious transactions, with severe cases being directly blocked.
• **Database Under Construction**: Security teams like SlowMist are building malicious address databases and providing API interfaces. The framework for an industry security alliance has already begun to take shape.
• **Interfaces Are Becoming Cleaner**: More and more wallets are supporting features to filter out spam transactions.
**So, what is the key to fully realizing this vision?**
1. **Open Standards Are Fundamental**: A set of open-source, transparent threat intelligence sharing protocols needs to be established, allowing all wallet developers to access fairly, rather than being dominated by a few. $BTC $ETH $BNB
2. **Balance of Power Is Crucial**: When designing interception rules, extra caution is needed to avoid centralized censorship and to prevent legitimate transactions from being mistakenly blocked. Striking this balance is very challenging.
3. **Education Cannot Be Overlooked**: Technical safeguards alone are not enough; user security education must be paired with them. Both are necessary to walk the path forward.
This approach sets a new benchmark for the entire industry—upgrading from merely "protecting users" to implementing truly architectural-level practices. However, to make it a reality, developers, platforms, and communities need to work together over the long term. It’s a long road ahead.