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Transaction Verification: Verified vs. Blind Approval

Malware that swaps a destination address at the last second is one of the more common ways people lose funds — and it only works if nobody checks before approving. Transaction verificationis the practice of independently checking a transaction's destination address and amount before approving it, rather than approving on trust alone.

Blind Approval

  • Unchecked Destination: the receiving address is not compared against a trusted source.
  • Single-Screen Trust: the same device requesting approval is the only one checking it.
  • Irreversible Assumption: approval happens without acknowledging that most network transactions cannot be reversed.

Verified Approval

  • Independent Address Check: the destination is confirmed against a separately verified source.
  • Cross-Device Confirmation: transaction details are checked on a second, isolated screen when available.
  • Deliberate Confirmation: approval happens only after every detail has been reviewed.

Holding your own keys sounds like safety. It only becomes safety in practice if every approval you sign actually reflects what you meant to do.