The Proof of Keys event is a bank that operates mainly in central exchanges. Activists are asked to take all the crypto currencies from their central trading platforms and store them in their wallets. The idea behind this is that the owner crypto and to ensure that the stock exchanges actually have as much funds as they claim.

Mayer, in a YouTube video that gives insight into the Proof of Keys event cryptocurrency states that owners of the unit should decide to take back their ver monetary sovereignty birim or to wait 14 days to receive money. Mayer also says:

”What if some of these exchanges are looking at customer assets, because is it easier to pay people than pay people?“

Accusation of Account Operations

On January 1, Mayer blamed the crypto-currency exchange HitBTC on account of the freeze on account of the Proof of Keys event. Others, including John McAfee, the wallet manufacturer Bitfi and the entrepreneur Tuur Demeester, also joined the charge.

HitBTC later rejected the allegations. In a statement, a representative from the stock market marketing team said there was no link between the account ice cream and the ongoing event. In an e-mail I wrote:

Ud This is a direct result of our security, security-related withdrawal freezes, international KYC [Know Your Customer], and AML (Anti-Money Laundering) measures. These rules exist and are applied to us and everyone 24 hours a day, 365 days a year. Therefore, we will never shut down security devices or controls. Not just ordinary and special days; Including Proof of Keys. Pro

Bitcoin messenger and crypto critics; They criticized the field for violating its founding principles and for thinking it was too centralized. Nouriel Roubini, the American economist who told the United States senators that the krypton was Ekonom the mother or father of all deceptions and fictitious works, ma said the krypton was more centralized than North Korea. Roubini said crypto decentralization is a ğin myth ç and added:

Ileşt ileşt miners are centralized, centralized transformations, centralized developers. Bitcoin's Gini inequality coefficient and dictators are worse than North Korea. In

Source: Cointelegraph