proof-of-reserves – nishantk.co

What are proof-of-reserves audits, and how do they work?

March 20, 2025proof-of-reserves0

Key takeawaysPoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated in traditional finance for stability.Coinbase’s cbBTC uses PoR to verify that for every wrapped Bitcoin, an equivalent amount...

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What are proof-of-reserves audits, and how do they work?

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