Let’s talk about proof of reserves. I’ve jotted down a few key points.
A zk-SNARK scheme can prove that every user’s net balance is non-negative and included in the published total, without revealing any individual user’s balance.
In Binance’s proof of reserves, users can independently check whether assets like $BNB in their accounts have been included.
Does that make sense to you?
A zk-SNARK scheme can prove that every user’s net balance is non-negative and included in the published total, without revealing any individual user’s balance.
In Binance’s proof of reserves, users can independently check whether assets like $BNB in their accounts have been included.
Does that make sense to you?
