Let’s talk about Proof of Reserves.
Proof of Reserves is a snapshot at a specific point in time. Changes in assets between two reports will be reflected in the next report.
To be honest, Proof of Reserves only shows the relationship between reserves and user balances at the moment of the snapshot. It doesn’t provide a complete picture of the platform’s other liabilities or operating conditions.
In Binance’s Proof of Reserves, users can verify for themselves whether assets like $BNB in their accounts have been included.
#BNB
Proof of Reserves is a snapshot at a specific point in time. Changes in assets between two reports will be reflected in the next report.
To be honest, Proof of Reserves only shows the relationship between reserves and user balances at the moment of the snapshot. It doesn’t provide a complete picture of the platform’s other liabilities or operating conditions.
In Binance’s Proof of Reserves, users can verify for themselves whether assets like $BNB in their accounts have been included.
#BNB
