#proof of reserves Tech News.
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SecurityTechFundingNewsabout 3 hours ago
BTCC Proof of Reserves explained for usersProof of Reserves (PoR) is an audit procedure that verifies an exchange holds at least one coin for every user deposit, ensuring 1:1 asset backing. It emerged after FTX's collapse exposed that customer funds were missing. PoR uses Merkle Tree cryptography to let users mathematically verify solvency rather than relying on trust.
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