PROOF OF HISTORY (PoH)

in blurt •  18 days ago 

Proof of History (PoH)

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Proof of History (PoH) is a revolutionary consensus mechanism that’s changing the game for blockchain networks and trading platforms.

By providing an unalterable way to timestamp transactions, PoH ensures the accuracy and order of data, making transaction verification faster and more secure.

Think of PoH like a digital timestamp that guarantees trades are executed in the correct order, preventing manipulation.

For instance, when a trader places an order to buy 100 shares, PoH confirms the time of the transaction, ensuring fairness and eliminating front-running.

Beyond trading, PoH powers blockchain networks like Solana, boosting transaction speeds and minimizing delays.

This means users and traders can rely on the data, enabling more confident and informed decisions.

In high-frequency trading, PoH reduces latency, allowing traders to seize opportunities in real-time.

In short, Proof of History strengthens the efficiency, security, and transparency of blockchain systems and trading platforms, fostering trust and enabling advanced strategies.

🇰🇷 South Korea Tightens the Reins on Cross-Border Crypto Transactions!

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South Korea’s cracking down on crypto-related foreign exchange crime with new rules for businesses handling cross-border transactions.

Any entity involved in transferring stablecoins and other cryptocurrencies across borders must register and report monthly transactions to the Bank of Korea 📊.

📝 The collected data will be monitored by several regulatory bodies to target illegal activities like arbitrage and money laundering—crimes tied to nearly 88% of the $1.2 billion in foreign exchange violations involving crypto.

Expect these rules to officially kick in during the second half of 2025! 🧐

PS: You can read my other related crypto post below

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  ·  17 days ago  ·  

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