July 24, 2024

Proof of Keys 2020 - users are again urged to withdraw all bitcoins from exchanges

The host of the Bitcoin Knowledge podcast, Trace Mayer, called for repeating the Proof Of Keys campaign and withdrawing all bitcoins from exchanges on January 32020 year.

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The purpose of the action is to demonstrate the monetary sovereignty of Bitcoin users, strengthen the consensus of the network and confirm the solvency of exchanges.

Meyer encouraged the participants to add a number of characters and the date of the action to the Twitter nickname.

"Not your keys - not your bitcoins", - this is the slogan of Proof Of Keys.

Last year, problems were revealed in the work of the HitBTC, Poloniex, Bitfinex and Coinbase Pro exchanges, as well as with Purse and Robinhood.