Jan 04 2021

Proof Of Keys: A Critical Test For Bitcoin

published by Nick Neuman
in blog Bitcoin Magazine
original entryProof Of Keys: A Critical Test For Bitcoin

casa industry events privacy & security private keys proof of keys proof of keys day

Proof of Keys day was initially created as a test for exchanges and other third-party custodians — a way for individuals to ensure that third parties holding bitcoin weren’t operating as a fractional reserve. Let’s face it: It’s likely that many third-party bitcoin custodians are doing just that, and Proof of Keys day is unlikely to change anything. It’s time for this Bitcoin...