What does transparency mean in crypto?
🔹 It means that all transactions on the blockchain can be tracked publicly and openly.
🔹 Anyone can verify transactions without the need for a third party.
📌 Why is transparency important?
✅ Boost trust – Reduce fraud and manipulation.
✅ Verifiability – Enables users to track assets and transactions.
✅ Decentralized – No middleman needed to monitor data.
📌 How is transparency achieved?
🔍 Public blockchain – like Bitcoin and Ethereum, where transactions are visible to everyone.
🔍 Open Audit – Independent parties can review and analyze the data.
🔍 Proof of Reserves – Some platforms resort to publishing proof of the assets they hold.
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