Fire is a tool that simplifies Web3 by showing what happens at the smart contract level in a readable format. Fire believes everyone should know what they’re agreeing to before signing a smart contract. However, very few actually do. You would never sign a contract in real life without understanding it first. But many users transfer hundreds of thousands of dollars with no idea what they’re actually agreeing to. Fire is a Chrome extension that sits in your browser and simulates a transaction before you sign with your wallet, giving visibility to exactly what you’re subscribing to. They work with your current wallet and don’t have access to your private key. They will never ask for them!
Personal opinion :
I personally use Fire as a safety measure. They make smart contracts easily readable to everyone and make me understand what I’m about to sign.
Example:
If you’re not sure if a platform is legitimate or not, Fire will simulate the smart contract you’re about to sign and tell you what you’ll allow.
The screenshot above shows, for example, that I will approve the use of an infinite amount of USDC for a Dapp. If this is a malicious platform, you’ll save a lot of money knowing you shouldn’t subscribe to it. You can even report the contract below to let other users know it’s a malicious contract.
Range of fire:
If you are interested, you can download the Fire extension by clicking on the link below:
Fire – Web Security Tool3
Fire is a free browser extension that simulates web3 transactions, showing you exactly what will go in and out of your…
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