What can Proof of Reserves (PoR) prove?
The reserve side is typically proven by publishing the platform’s on-chain wallet addresses and balances, which anyone can verify on-chain.
Binance introduced Proof of Reserves in November 2022 and added zk-SNARK zero-knowledge proofs in February 2023.
When managing your funds, one thing matters most: if a platform provides Proof of Reserves, follow its official instructions and verify for yourself whether your balance has been included.
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