The platform says it maintains “1:1 reserves for user assets.” How can ordinary users verify this themselves?
Binance launched Proof of Reserves in November 2022 and introduced zk-SNARK zero-knowledge proofs in February 2023.
On platforms that provide Proof of Reserves, you can follow the official instructions to verify for yourself whether your balance has been included.
With Binance’s Proof of Reserves, users can check for themselves whether assets such as $BNB in their accounts have been included.
What do you think? Join the discussion in the comments.
Binance launched Proof of Reserves in November 2022 and introduced zk-SNARK zero-knowledge proofs in February 2023.
On platforms that provide Proof of Reserves, you can follow the official instructions to verify for yourself whether your balance has been included.
With Binance’s Proof of Reserves, users can check for themselves whether assets such as $BNB in their accounts have been included.
What do you think? Join the discussion in the comments.