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…
CoinJoin
What is CoinJoin?
CoinJoin is a technique for improving the privacy of Bitcoin transactions. It works by combining multiple inputs from different users into a single transaction, making it difficult to determine which inputs correspond to which outputs. This is done by creating a "mixing" transaction in which multiple users send their inputs to a common address and then send their desired outputs to separate addresses. Because the inputs and outputs are mixed this way, it becomes much more difficult for outside parties…
Block Education
@BlockEducation
1 week ago 42 views