Let's talk about proof of reserves.
A common method for proving reserves uses a Merkle tree to aggregate all users' balances. Each user can use their own Merkle path to check whether their balance has been included.
Honestly, I only learned this later: on platforms that provide proof of reserves, you can follow the official tutorial and verify for yourself whether your balance has been included.
In Binance's proof of reserves, users can independently check whether assets in their accounts, such as $BNB , have been included.
The market is always full of surprises, so decide in advance what you'll do if you're wrong.
#BNB
The data comes from public sources. Please verify it yourself.
A common method for proving reserves uses a Merkle tree to aggregate all users' balances. Each user can use their own Merkle path to check whether their balance has been included.
Honestly, I only learned this later: on platforms that provide proof of reserves, you can follow the official tutorial and verify for yourself whether your balance has been included.
In Binance's proof of reserves, users can independently check whether assets in their accounts, such as $BNB , have been included.
The market is always full of surprises, so decide in advance what you'll do if you're wrong.
#BNB
The data comes from public sources. Please verify it yourself.