Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Cryptopolitan

2023-01-30 21:34:05

Proof of Reserves: What is it and Why is it Important to Know?

Proof of Reserves: What is it and Why is it Important to Know?

Proof of Reserves (PoR) is an independent audit conducted by a third party to confirm that a custodian or entity holds sufficient reserves for all its depositors’ balances. This audit is an important step in the regulatory process and helps ensure customers and the public have transparency on fund availability. Although Proof-of-Reserves has been around … Proof of Reserves: What is it and Why is it Important to Know? Read More »

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