Crypto: Vitalik Buterin Floats Simulated Transactions To Enhance Crypto...

Crypto users would specify the onchain action they want, then click “OK” or “Cancel” after seeing a transaction simulating that action.

Ethereum co-founder Vitalik Buterin has suggested using “transaction simulations” and other similar features to improve the user experience and security of Ethereum wallets and smart contracts.

In a post to X on Sunday, Buterin argued that security and user experience are not separate fields, as both revolve around user intent — ensuring protocols are doing what users intend them to do.

Buterin said an intent-based security approach could involve designing systems that double-check user actions and could apply to Ethereum wallets and smart contracts, as well as more broadly to operating systems and hardware.

“The user specifies first what action they want to take, and then clicks ‘OK’ or ‘Cancel’ after seeing a simulation of the onchain consequences of that action,” he said.

Other ways could include spending limits and multisig approvals, so execution only happens when the user’s intent, expected outcome, and risk limits all align, he said.

The result is that it should be easier to do low-risk things and harder to do dangerous things, Buterin said.

However, Buterin noted that defining user intent is “extremely complex” and part of the reason why there is no such thing as a “perfect security” solution:

“I would argue that the common trait of a good solution is: the user is specifying their intention in multiple, overlapping ways, and the system only acts when these specifications are aligned with each other,” he said.

Security is one of three components of the blockchain trilemma, along with decentralization and scalability.

Source: CoinTelegraph