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Binance Releases Proof of Reserves System

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@ervin-lemark
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After various crypto exchanges and lending debacles of late, the main focus is how to regain and establish trust between customers and crypto services providers, especially those who are centralized.

Publishing and maintaining a proof of reserves system is one of the better options.

Every big player is doing it or planning to do it. Since #binance is by far the biggest player it was only a question of time when will they release it too. And here it is

Binance Proof of Reserves System

I will let you decide whether the resources they have gathered on their PoR page will convince you. Binance owns around three-quarters of the market and is actually the biggest threat to its stability, however strange this sounds.

What are your thoughts?


better and better :ervin :lemark

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