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According to recent data: Binance – the largest crypto exchange by volume, Binance holds approximately $110 billion in crypto assets. This includes Bitcoin, Tether

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This is where Proof of Reserves (PoR) comes ina transparent method to verify that a crypto exchange holds enough assets to cover customer deposits. This article

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Employing The Technique Of Merkle

Employing the technique of Merkle trees,PoRis quite popular among exchanges. It is a vetting technique that makes sure that crypto on exchanges has some real backing. A PoR audit ensures that custodians are holding all of the money belonging to their clients. To attain transparency between the general public and Ver más

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