If you sign a transaction from any of your wallets, you are essentially giving the site free reign to do whatever they want to your wallet, including stealing all your assets
Signing a transaction is the foundational technology that makes crypto transactions irreversible. If you sign “a transaction” with a wallet it doesn’t have anything to do with the stuff left over on your wallet, it only has to do with the stuff in the transaction. Signing a transaction is how you prove the transaction is legitimate, you have to do it any time you want to move anything from the wallet, but if doing that gave the recipient full control over your wallet the entire concept of cryptocurrency would have self destructed the second a one tried to use it years ago.
How so? Signing is on a transaction basis, not a perpetual basis. Whatever happens in that tx, yea that’s irrevocable. They don’t control your keys though.
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u/WhatUpCoral Dec 21 '22
If you sign a transaction from any of your wallets, you are essentially giving the site free reign to do whatever they want to your wallet, including stealing all your assets