🚩🚩Proof-of-reserves is basically a fancy way of saying: “Hey, here’s proof that we have what we say we have.”
After the breakdown of some crypto exchange someone of them propose the "the proof of (their) reserve" as possible warranty solution.
🚩Are you agree with this new perspective? 🧠🚀
#blockchain #crypto #wallet #bitcoin
https://www.coindesk.com/business/2022/11/09/crypto-exchanges-scramble-to-compile-proof-of-reserves-as-ftx-contagion-grips-markets/