Wow this is super cool, but I feel like there is a chance that a fraudulent merchant could display a lower transaction amount on their terminal than what they actually intend to charge, how does this ring mitigate a potential risk if there is not a screen to verify the transaction before signing? Are there any built-in safeguards or secondary confirmation methods to ensure the user is only charged the amount they've agreed to?
I suppose they could cap the transaction amount to just a few thousand sats. Meaning it is just designed for micro transactions, in that case it cool and stress free ⚡️
Duchess
npub14y…hwpyu
2023-10-06 17:18:56
in reply to nevent1q…zam4
Author Public Key
npub14yf4yasnqgpkzjrzhysshglf82e8nkp8r9sn5hzqu4n244k3avtshhwpyuPublished at
2023-10-06 17:18:56Event JSON
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"created_at": 1696612736,
"kind": 1,
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"content": "Wow this is super cool, but I feel like there is a chance that a fraudulent merchant could display a lower transaction amount on their terminal than what they actually intend to charge, how does this ring mitigate a potential risk if there is not a screen to verify the transaction before signing? Are there any built-in safeguards or secondary confirmation methods to ensure the user is only charged the amount they've agreed to?\n\nI suppose they could cap the transaction amount to just a few thousand sats. Meaning it is just designed for micro transactions, in that case it cool and stress free ⚡️",
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