Proof of Keys. Why does it matter?
Proof of Keys is an initiative launched by Trace Mayer. The idea of the initiative is that every year on January 3, users withdraw their funds from exchanges (where they do not own private keys) to wallets, where they have access to private keys. This initiative is very important to make sure that people really have funds safe and can withdraw them. Some people use exchanges to store funds and this is not the right solution as some exchanges may only partially have funds to back deposits. Every crypto user should store their crypto in wallets they have the private keys to. This is one of the main features of the Blockchain, the user can have full control of their funds.