Binance Publiseer sy bewys-van-reserwes-stelsel vir Bitcoin Beherend, bykomende bates kom binnekort

By Bitcoin.com - 1 jaar gelede - Leestyd: 4 minute

Binance Publiseer sy bewys-van-reserwes-stelsel vir Bitcoin Beherend, bykomende bates kom binnekort

On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while the company’s customer net balance is roughly 575,742 bitcoin.

**Editor’s Note: This article was updated to reflect new commentary from Kraken executive Jesse Powell on Nov. 25, 2022.

Binance'N Bitcoin Proof-of-Reserves Ratio Is Currently 101%


Binance has published the company’s bewys-van-reserwes stelsel in regard to the bitcoin (BTC) cache the company holds. The POR feature is initially starting with Binance'N bitcoin holdings, but other “networks [are] being added in the next couple of weeks.” The news follows the recent FTX ineenstort en die kripto-gemeenskap aan te dring dat gesentraliseerde digitale valuta-handelsplatforms hul reserwes bewys. Benewens die kripto-gemeenskap, ruil bestuurders soos Kraken's Jesse Powell het ook ingeskakel by die POR-gesprek.

Twee dae gelede, Bitcoin.com Nuus berig op Powell se kommentaar oor sogenaamde POR-lyste wat bloot digitale geldeenheidadresse ten toon stel. Powell het gesê dat hierdie lyste van adresse nie wettige POR-oudits is nie en hy het beklemtoon dat 'n ware POR-oudit "kriptografiese bewys van kliëntesaldo's en beursiebeheer vereis." Powell het ook 'n blogpos gedeel wat in 2014 geskryf is genaamd "Proving Your Bitcoin Reserves,” wat bespreek Die Merkle-benadering. Basies, omdat uitruilings honderde adresse gebruik, kan 'n Merkle Tree aangewend word om al die data in 'n enkele hash te konsolideer, wat dan kriptografies deur enigiemand geverifieer kan word.

Nic Carter se bewys-van-reserwes lys of “Wall of Fame,” lists centralized trading platforms that have submitted “full POR” audits. At the time of writing, there are five crypto platforms that have shared full PORs that feature The Merkle approach on the Wall of Fame. Three of them (Coinfloor, Gate.io, and HBTC), however, provided Merkle-based assessments in May 2020, May 2021, and August 2021. Kraken and Bitmex are up-to-date, as they shared Merkle-based assessments this month. On Friday, Binancese uitvoerende hoof, Changpeng Zhao (CZ) tweeted oor die maatskappy wat die firma se POR deel.

A number of crypto supporters were pleased with Binance sharing the company’s POR. The whistleblower known as Fatman replied to CZ’s tweet. “This is amazing,” Fatman gesê. “Hoop kleiner uitruilings volg vinnig op. Dankie dat jy die pad lei met hierdie uiters belangrike inisiatief. Om kriptografiese bewys van 'n beurs se solvensie te hê, is 'n ernstige spelwisselaar.



Binance’s snapshot was recorded on Nov. 22, 2022, at 23:59 p.m. (UTC) and records show Binance’s onchain reserves equate to 582,485 BTC, while customer balances equate to 575,742 bitcoin. That gives Binance a reserve ratio of around 101% and the blog post has a section that says users can “click to verify” their BTC assets held on Binance. In order for users to be able to saldo's en transaksies te verifieer, they can log into Binance, and click the audit button in the wallet section. “You will be able to find your Merkle Leaf and Record ID within the page,” Binance verduidelik.



Daarbenewens Binance has disclosed upcoming plans for the POR list which include:

Begin die volgende groep POR in die volgende twee weke, insluitend bykomende bates

Betrek derdeparty-ouditeure om HvB-resultate te oudit

Implementeer ZK-SNARK's vir POR, verbeter privaatheid en robuustheid, en bewys die totale netto balans (USD) van elke gebruiker is nie-negatief


The ZK-SNARKs for PoR will allow for proof-of-reserves on Binance’s leverage services. “Because Binance offers margin and loans services, the audit results will show the Net Balance, Equity, and Debt of each user, where the Net Balance = Equity – Debt,” Binance’s blog post concludes. “As such, there will be individual users having negative asset balances. We are hence also working to implement ZK-SNARKs, which will be used to prove those users have enough other assets to cover the funds with collateral. This will prove that the total net balances (USD) of each user is non-negative.”

Kraken’s Powell Says the ‘Statement of Assets Is Pointless Without Liabilities’


Despite the release of Binance’s new POR system, Kraken’s Jesse Powell took issue with the way it was presented. “I’m sorry but no. This is not POR. This is either ignorance or intentional misrepresentation,” Powell tweeted. “The Merkle tree is just hand-wavey bullsh** without an auditor to make sure you didn’t include accounts with negative balances. The statement of assets is pointless without liabilities.” Powell bygevoeg:

This is simply ‘here’s a hash of your record in the BTC spreadsheet.’ Ok … but what’s the point? The whole point of this is to understand whether an exchange has more crypto in its custody than it owes to clients. Putting a hash on a row ID is worthless without everything else.


Binance’s CEO CZ responded to the commentary. “In crypto: Brian A and Jesse P say FTX is an ‘overseas exchange’ problem, even though SBF is American,” CZ gesê. “I tweeted questions about Coinbase/Grayscale. Brian answered it. Jesse questions Binance’s Proof-of-Reserves today. We will answer it. I view these as healthy checks,” CZ added.

Waaraan dink jy Binance sharing the company’s POR tied to the exchange’s bitcoin hoewes? Laat weet ons wat u oor hierdie onderwerp dink in die kommentaarafdeling hieronder.

Oorspronklike bron: Bitcoin. Met