It is a program that automatically cheats for you. Instead, you ask it to find a number (e.g., your current gold: 1500), let the game change that number (spend 100 gold, now you have 1400), and then scan for what changed from 1500 to 1400. After a few iterations, CE pinpoints the exact memory address holding your gold. You can then lock that value (preventing it from decreasing) or set it to 99,999.
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Circle/Gem explanation - Demon Gaze EXTRA Walkthrough & Guide It is a program that automatically cheats for you