Execution rights pertain to the authority granted to an entity, such as a user, a smart contract, or an external service, to initiate or perform specific operations within a digital system. In blockchain, this often means the ability to call a function on a smart contract, transfer assets, or validate transactions. Proper management of execution rights is fundamental to security, preventing unauthorized actions and maintaining system integrity. These rights are typically defined by code or protocol rules.
Context
In decentralized applications and smart contract development, the precise definition and secure management of execution rights are critical for preventing exploits. News stories often report on vulnerabilities where unintended execution rights allowed attackers to drain funds or manipulate protocol logic. Robust access control mechanisms and rigorous audits are essential to safeguard these permissions.
EIP-7702-style delegation is weaponized to bypass traditional `approve` checks, granting malicious contracts persistent, batch execution authority over user assets.
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