THE FUNDAMENTALS OF

Last updated: June 16, 2025, 17:57  |  Written by: Charlie Shrem

The Fundamentals Of
The Fundamentals Of

In His Initial Tweet On

Binance is fully committed to transparency, according to CEO Changpeng ‘CZ’ Zhao. It has released details on its cold wallet reserves as proof. On Nov. 10, Binance

In his initial tweet on transparency, CZ called for exchanges to do “Merkle-tree proof of reserves,” a data structure that encodes blockchain data.

In order to allay future uncertainties and worries regarding the reserve balance, CZ promised his 7.3 million Twitter followers that Binance would also begin proof-of

Binance

Binance promised transparency with proof of reserves. Is it enough

Binance’s proof-of-reserves (POR) system embodies our commitment to safeguarding user funds and maintaining transparency. As of November 2025, Binance’s POR

Proof Of Reserves: Why Binance Is Launching A

In His Initial Tweet On

In his initial tweet on transparency, CZ called for exchanges to do “Merkle-tree proof of reserves,” a data structure that encodes blockchain data. While blockchains are

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Charlie Shrem can be reached at [email protected].

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