Proof of Keys isn't a new consensus algorithm for blockchain.
03 Jan 2023, 07:36
Proof of Keys isn’t a new consensus algorithm for blockchain; instead, it’s just an event where people simultaneously pull all of their cryptocurrency out of centralized exchanges👀
And what is the purpose of doing so?🤔. One of the main goals of the event is to make sure that the exchanges have the funds they claim to have🤫.
After all, if they don't, then there's no guarantee that you actually have the coins you bought on the exchange🤯. So if it's already a problem, at minimum you find out as soon as possible💥.
React to this message with a "❤️ ", if you would like to participate in this celebration🤩