Digital signatures ensure authentication, data integrity, and security in blockchain transactions. They verify the sender’s identity, prevent data tampering, and provide non-repudiation, ensuring accountability.
Private Key Usage: A unique private key is used (in beliquid’s context, it is the private key of the sessionKey which is passed during authentication) to create a signature.
EIP-712 Standard: Signatures follow the EIP-712 standard for structured data.
Message Formatting: Data is structured into a typed format, ensuring consistency and readability.
Hash Computation: The structured data is converted into a unique hash.
Signature Creation: The private key signs the hash, generating a verifiable signature.
Verification: The recipient can use the signer’s public address to confirm authenticity.
Efficiency: Enables fast and reliable verification.
Compliance: Uses industry standards for interoperability.
To generate your own signatures, refer to the EIP-712 specification for implementation details and best practices. By following this structured approach, applications ensure trust and transparency in digital interactions.