About Proof of Reserves:
A common approach to proof of reserves uses a Merkle tree to organize all users’ balances. Each user can use their own Merkle path to verify whether their balance has been included.
Proof of reserves only shows how reserves cover user balances at the moment of the snapshot; it cannot fully reflect the platform’s other liabilities or its operating conditions.
$BNB 740.6 (-1.9%)
A common approach to proof of reserves uses a Merkle tree to organize all users’ balances. Each user can use their own Merkle path to verify whether their balance has been included.
Proof of reserves only shows how reserves cover user balances at the moment of the snapshot; it cannot fully reflect the platform’s other liabilities or its operating conditions.
$BNB 740.6 (-1.9%)