Proof of Keys isn’t a new consensus algorithm for blockchain; instead, it’s just an event where people simultaneously pull all of their cryptocurrency out of centralized exchanges
And what is the purpose of doing so? . One of the main goals of the event is to make sure that the exchanges have the funds they claim to have .
After all, if they don't, then there's no guarantee that you actually have the coins you bought on the exchange . So if it's already a problem, at minimum you find out as soon as possible .
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