The post Vitalik Buterin’s Recommendation In ERC-3770 For Safer ETH appeared first on Coinpedia Fintech News
Buterin has made some important recommendations in the ERC-3770. The checksum address is a key concept in Ethereum that might push down the risk of errors and potential losses in the transactions. Buterin has urged that all wallets, especially those using ERC-3770 to make sure they are only producing checksummed addresses.The likelihood that an incorrectly …
The post Vitalik Buterin’s Recommendation In ERC-3770 For Safer ETH appeared first on Coinpedia Fintech News
Buterin has made some important recommendations in the ERC-3770. The checksum address is a key concept in Ethereum that might push down the risk of errors and potential losses in the transactions. Buterin has urged that all wallets, especially those using ERC-3770 to make sure they are only producing checksummed addresses.The likelihood that an incorrectly typed address will be accepted as legitimate is greatly decreased when mixed-case checksums are used in increasing the security of transactions. Buterin believes that implementing this practice will make Ethereum better and safer.
