What are proof-of-reserves audits, and how do they work?
#1
What are proof-of-reserves audits, and how do they work?



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kYzFiMjdmMmRlMDRjMTg0NTY0YzIzNjE1MWQyYTRjNi5qcGVn.jpeg"></p><p>Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors.</p>



https://cointelegraph.com/news/what-are-...-they-work
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  NFTs: What Are They and How Do They Work? Andy 0 127 08-11-2023, 06:35 AM
Last Post: Andy
  Binance drops majority of USD Coin reserves — Latest USDC news Dato 0 93 08-10-2023, 08:18 AM
Last Post: Dato
  What is Hooked Protocol, and how does it work? Dato 0 82 08-06-2023, 06:47 AM
Last Post: Dato
  Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries Dato 0 61 08-03-2023, 06:45 AM
Last Post: Dato
  Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills Dato 0 81 07-31-2023, 02:56 PM
Last Post: Dato



Users browsing this thread: 1 Guest(s)