How does an open source ledger contribute to the transparency and security of digital currencies?

1 answers

• NsuhaAug 23, 2024 · a year ago
  At BYDFi, we believe that an open source ledger is essential for the transparency and security of digital currencies. By using an open source ledger, we ensure that the underlying technology is transparent and can be audited by anyone. This transparency builds trust among our users and helps to prevent any potential security breaches. Additionally, an open source ledger allows for decentralized verification and validation of transactions, making it more difficult for malicious actors to manipulate the system. We are committed to promoting transparency and security in the digital currency space, and an open source ledger is a key component of achieving that.
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