How does modulus power crypto exchanges?

3 answers

• Praveen singhAug 08, 2021 · 4 years ago
  Modulus plays a crucial role in powering crypto exchanges. It is a mathematical operation that is used to encrypt and decrypt data, ensuring the security and integrity of transactions. By using modulus, crypto exchanges can protect sensitive information such as user identities and transaction details from unauthorized access.
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• Anon93474356May 04, 2024 · a year ago
  Modulus is like the backbone of crypto exchanges. It provides the necessary encryption and decryption algorithms to secure the transactions and user data. Without modulus, crypto exchanges would be vulnerable to hacking and data breaches. So, it's safe to say that modulus is the power behind the scenes that keeps crypto exchanges running smoothly.
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• ecocedAug 10, 2023 · 2 years ago
  Modulus is an essential component in the infrastructure of crypto exchanges. It enables secure communication between users and the exchange by encrypting sensitive data. With modulus, crypto exchanges can ensure that transactions are conducted securely and that user information is protected. For example, BYDFi, a leading crypto exchange, utilizes modulus to safeguard user data and maintain the trust of its customers.
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