Using Metamask can be risky. It’s sometimes not clear what exactly is being signed. Adding smart contract addresses to your address book increases your security and makes it more difficult for scammers to trick you into signing a malicious contract.
1 min read
Scammers always come up with new sophisticated ways to get your hard earned crypto. A common attack is hacking Discord, Instagram or Twitter accounts from legit projects and impersonate an Admin or team member.
Since they post links to their well made scam websites from official accounts it can be difficult to identify what’s going on. The way smart contracts are implemented with Solidity often prevents users from seeing what exactly they are signing.
By adding smart contract addresses to the metamask address book these hacks wouldn’t work that easily. If all tokens/NFTs held in the wallet are added to the address book, the user would see if a smart contract wants to unexpectedly interact with them.
This step by step guide explains how it’s done.
submitted by /u/cheeruphumanity
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