11 ms·
no. thats one kind. many of these scams are erroneous approval transactions. an approval transaction is necessary for another program to use your assets. that
by vmception 4y ago
no. thats one kind.
many of these scams are erroneous approval transactions. an approval transaction is necessary for another program to use your assets. that program can have a human controller or another function that allows it to seize your asset later.
you can read more about this here
https://kalis.me/unlimited-erc20-allowances/ https://kalis.me/unlimited-erc20-allowances/
(NFT standard classes inherit the ERC20 interface)