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Why is it so hard to audit those bitcoin exchanges then?
by jeromegv 7y ago
Why is it so hard to audit those bitcoin exchanges then?
- ISL 7y agoA public blockchain is straightforward to audit. It is the documentation internal to an exchange which can be opaque. If trading is done off-chain, or transactions are made between currencies, those are not a part of the blockchain. For bitcoin-only transactions between wallets, no exchange is required.