Infinite Approval

« Back to Glossary Index

It is a smart contract programming practice that pre-approves the smart contracts for enabling the platform to spend any amount of your coins. It is often considered to be problematic. This programming feature required a specific smart contract to possess authorization for accessing an unlimited number of the tokens from the wallet of the users in place of only the number that is actually required.

« Back to Glossary Index

Check Also


New Mining Strategies You Need To Incorporate After Crypto Halving

Good News! The Bitcoin network has already crossed its 800,000th block at the end of …