Quick context for anyone who forgot: FTX collapse in 2022 is why PoR became a thing at all. turns out there was no way for users to independently check if their balances were actually backed - investigators found something like $8b in customer deposits had been quietly funneled to alameda. after that every major exchange scrambled to prove they weren't doing the same thing traditional Proof of Reserves basically consists of two halves. Proof of Assets (cryptographic signatures showing the exchan
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