Orochi Network (@OrochiNetwork): Proof of Reserves is how an exchange shows that user funds are backed, and the common versions are an audited snapshot or a Merkle tree, but these can…
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Proof of Reserves is how an exchange shows that user funds are backed, and the common versions are an audited snapshot or a Merkle tree, but these can still be manipulated or leak balance data. The strongest version today is Zero-Knowledge Proof of Reserves. The exchange proves its liabilities are counted in full, and each user can verify their own account is included while every balance stays private. Several top-tier exchanges already run this in production. zkDatabase can bring the same kind of infrastructure to any platform holding user assets: prove the data is complete and correct, keep sensitive data confidential. You still get infrastructure on par with the top tier without spending years building it. Learn more about how major exchanges compare on Proof of Reserves: http://orochi.network/blog/proof-of-reserves-crypto-exchanges