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ONUS Tap Tap Tap: Mine Free ONX Token on Telegram

Posted by Enato Dare September 09, 2024 mining

ONUS Tap Tap Tap is a Tap-to-Earn mini-game on Telegram. Players can earn from ONX (ONUS Community Token) rewards by tapping on the token icon, inviting friends, farming, and completing tasks. Access ONUS Telegram Bot Players can earn ONUS Community Tokens (ONX) for free by participating in ONUS Tap Tap Tap on Telegram. ONUS Community Token (ONX) is a community token developed to enhance benefits for users. By owning ONX Tokens, users can enjoy various benefits such as VIP upgrades, transaction fee payments at ONUS Spot and ONUS Futures, along other privileges that will be developed and expanded for ONX in the future. 4 ways to mine Free ONX on ONUS Tap Tap Tap 1. Tap to earn ONX 2. Complete tasks to earn ONX rewards 3. Farm ONX for free 4. Increase ONX rewards by referring friends Vip Level on ONUS Tap Tap Tap ONUS Tap Tap Tap implements a VIP-level system for all players. The higher your VIP level, the greater the percentage of ONX profit you’ll earn from your friends. The game fea

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Jesse Powell Criticizes Binance's Proof of Reserve.

Posted by Enato Dare November 27, 2022

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The leading Centralized Crypto Exchange Binance releases its proof of reserves system and it has faced criticism from Jesse Powell the CEO of Kraken claiming that Binance's PoR was not complete without the liabilities of the client included.

I'm sorry but no. This is not PoR. This is either ignorance or intentional misrepresentation.

The Merkle tree is just hand wavey bullshit without an auditor to make sure you didn't include accounts with negative balances. The statement of assets is pointless without liabilities. https://t.co/b5KSr2XKLB
— Jesse Powell (@jespow) November 25, 2022

The idea of Proof of Reserve was introduced by Binance after the FTX Exchange collapsed and shattered people's trust in centralized crypto exchanges, the lack of liquidity was the major cause of FTX's crash. FTX was once the second largest Centralized Crypto Exchange behind Binance which had over $10 billion in transaction volume in 24 hours according to CoinMarketCap.

The purpose of Proof of Reserve (PoR) is to regain investors' trust in centralized crypto exchanges, the PoR system will only support Bitcoin (BTC) at starting while other tokens and networks will follow.

Binance released its Merkle tree proof of reserves showing a reserve ratio of 101%, users can check their Bitcoin balances on the trading platform against Binance's own Merkle Tree, or via a URL supplied by Binance.

Binance mentioned forthcoming transparency enhancements, such as the use of ZK-SNARKs in its PoR procedures. also hinted at the use of third-party auditors to verify the accuracy of its PoR data. All in an effort to gain investors' trust.

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