Jan 03 2024
On January 3, we celebrate Proof of Keys Day 2024
On January 3, we celebrate Proof of Keys Day!
A day to remind people of the importance of self-custody and that "not your keys, not your coins."
Every January 3, people are invited to withdraw their XNO from custodians to a self-custody wallet with the keys securely backed up by their owners. Who are also invited to delegate the corresponding voting weight to a Principal Representative of their choice.
Read 'How to take self custody of your nano' to learn more.
The simple action of withdrawing and taking custody of your #nano on this year's Proof of Keys Day has many benefits.
Here are 4 of them for you to feel encouraged to join us in 2024:
- Achieving monetary sovereignty without relying on intermediaries;
- Increasing personal security against attacks, hacks, outages, bankruptcies, rug pulls, etc;
- Keeping custodians honest on their reserves;
- Improving the network's decentralization with proper voting delegation.
Benefits can go even further than this small list.
Educating others on the importance of self-custody is fundamental.
Do your part and join us in celebrating Proof of Keys Day 2024!