ERC-8424 draft would let RWA issuers force-transfer encrypted balances
- —ERC-8424 adds two public checks and three private functions to ERC-7984
- —The standard would let issuers move RWA without holder consent
- —zexoverz: a binary search can recover a 64-bit encrypted balance in at most 64 calls
- —The spendable-balance function reveals the balance in a single call
Why it matters: If left unfixed, the flaw could undermine balance privacy for tokenized RWAs on Ethereum.
Source: Cryptopolitan