Security Concerns Raised Over Signature Mechanism in Solana and Tron

According to PANews, a recent post by SlowMist's C0sin3 on the X platform has highlighted significant security concerns regarding the signature mechanism used in some mainstream blockchain networks, specifically Solana and Tron. The post warns that these networks allow for a change of ownership through a signature without requiring the private key. This vulnerability poses a risk to users, as once the ownership is altered, the original private key becomes obsolete. The post further cautions users against believing any claims that ownership can be restored once it has been changed. Such assurances, according to the post, should be considered fraudulent. The warning serves as a reminder for users to remain vigilant and cautious about phishing attempts that exploit this mechanism. The security of private keys is paramount, and users are advised to be skeptical of any promises of recovery once ownership has been compromised.