What does Proof of Reserves (PoR) prove? Many people can't explain it!
Proof of Reserves reflects a snapshot at a specific point in time. Asset changes between two reports can only be seen in the next report.
The advantage of a Merkle tree is that by publishing just one root hash, each user can independently verify that their balance has been included, without disclosing everyone’s details.
Understanding how it works helps you make more informed decisions; it isn’t meant to predict market movements.
$BNB 744.22(-0.97%)
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Proof of Reserves reflects a snapshot at a specific point in time. Asset changes between two reports can only be seen in the next report.
The advantage of a Merkle tree is that by publishing just one root hash, each user can independently verify that their balance has been included, without disclosing everyone’s details.
Understanding how it works helps you make more informed decisions; it isn’t meant to predict market movements.
$BNB 744.22(-0.97%)
#BNB