The proof-of-reserves (PoR) system was launched today by Binance, the largest cryptocurrency exchange in the world by trading volume. According to
The proof-of-reserves (PoR) system was launched today by Binance, the largest cryptocurrency exchange in the world by trading volume. According to Binance, this is the next stage in its “commitment to transparency and promoting trust in the ecosystem.” According to Binance, “When we mention Proof of Reserves, we expressly refer to those assets that we retain in custody for users.”