Why does Binance need tags?
Why does Binance need tags? In order to let more people understand Binance, Bin
Why does Binance need tags? In order to let more people understand Binance, Binance has introduced a new concept after launching its own Tag system: tags.
We all know that a ledger is a tool used for managing cryptocurrency transactions. Therefore, if you want to give a more detailed introduction to this term, there should be a letter or symbol to identify a word, as it means “indexer”. So what is a ledger? A ledger is a database structure that contains a series of important information related to assets, including exchanges, wallet addresses, or other important financial information. However, due to the high opacity of ledgers (such as the inability to view transaction history), they can be seen as a very unstable way. Therefore, ledgers do not always securely provide all the necessary information; instead, they are created based on verifiable digital identities.
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