An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Blockchain Protocol
What is The CryptoNote Protocol?
CryptoNote is a protocol for the design of secure and anonymous cryptocurrencies. It uses a technique called "ring signatures" to provide anonymity for transactions on the blockchain by making it difficult to determine which member of a group of users was the actual sender of a particular transaction. The protocol also includes other features, such as stealth addresses, which further obscure the identity of the sender and recipient of a transaction. Overall, the CryptoNote protocol aims to provide a high…
Block Education
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