Ethereum draft ERC proposes task- and time-scoped wallet permissions
- —Permission token records account, target address, transfer cap, allowed calls and start/end times
- —Three verification tiers: basic, standard with independent hash recomputation, strict with simulation on hardware
- —Issuers can revoke permissions via a revocation list or on-chain registry
- —The 2025 Bybit Safe multisig breach is cited as an example of signing risk
Why it matters: The standard could cut losses from phishing and malicious approvals if wallets and hardware makers adopt it.
Source: TokenPost