What can Proof of Reserves (PoR) prove? Many people can't answer!
The reserve side is typically verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on the blockchain.
The purpose of a Merkle tree is that, once a root hash is published, each user can independently confirm that their balance is included without disclosing everyone’s individual details.
Every return comes with corresponding risks. Think carefully about how much you could lose in the worst case.
$BNB 744.12（+0.72%）
#BNB
The reserve side is typically verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on the blockchain.
The purpose of a Merkle tree is that, once a root hash is published, each user can independently confirm that their balance is included without disclosing everyone’s individual details.
Every return comes with corresponding risks. Think carefully about how much you could lose in the worst case.
$BNB 744.12（+0.72%）
#BNB