Should Bitcoin Exchanges Use Provision Protocols to Prove Their Solvency?

By October 27, 2015Bitcoin Business

Many bitcoin users are used to store their bitcoins on online exchanges. These services present an interface that works like an online bank, allowing users to log in and easily request or make payments, deposits or withdrawals.

This approach is much more accessible for an average user than the traditional approach of storing private keys or interacting with the Bitcoin network directly. However, users need to trust these exchanges, and have confidence that they […]

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