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Proof of Reserves Explained: How to Check an Exchange Attestation Yourself

Covered by 1 source · 1 article

A proof of reserves shows that a crypto exchange controlled customer balances on a given reporting date. Here is how to recalculate your own holding in the Merkle tree, and why the attestation says nothing about solvency.

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Proof of Reserves Explained: How to Check an Exchange Attestation Yourself
CryptoTicker 1h ago

Proof of Reserves Explained: How to Check an Exchange Attestation Yourself

A proof of reserves shows that a crypto exchange controlled customer balances on a given reporting date. Here is how to recalculate your own holding in the Merkle tree, and why the attestation says nothing about solvency.