Binance says all assets affected by the earlier security incident have been fully covered, and it has released a new proof-of-reserves snapshot.
According to Binance, once the zero-knowledge proof is generated, users can independently verify whether their assets are backed by reserves of at least 1:1.
· What has been confirmed is the coverage and the release of the snapshot; the source does not specify the scale of the affected assets or the currencies involved.
· Proof of reserves verifies the reserve ratio shown on the books; it is not equivalent to an independent audit of all liabilities.
Once the zero-knowledge proof is generated, will you verify your own assets?
According to Binance, once the zero-knowledge proof is generated, users can independently verify whether their assets are backed by reserves of at least 1:1.
· What has been confirmed is the coverage and the release of the snapshot; the source does not specify the scale of the affected assets or the currencies involved.
· Proof of reserves verifies the reserve ratio shown on the books; it is not equivalent to an independent audit of all liabilities.
Once the zero-knowledge proof is generated, will you verify your own assets?
