Knowledge Notes | Proof of Reserves
① The reserve side is usually verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on-chain.
② A zk-SNARK solution can prove that every user’s net balance is non-negative and included in the published total, without revealing any individual user’s balance.
③ When reading a proof-of-reserves report, pay attention to the snapshot date and the range of assets covered—don’t just look at the overall coverage ratio.
$BNB 588.59（-4.4%）
#BNB
① The reserve side is usually verified by publishing the platform’s on-chain wallet addresses and balances, which anyone can check on-chain.
② A zk-SNARK solution can prove that every user’s net balance is non-negative and included in the published total, without revealing any individual user’s balance.
③ When reading a proof-of-reserves report, pay attention to the snapshot date and the range of assets covered—don’t just look at the overall coverage ratio.
$BNB 588.59（-4.4%）
#BNB
