zkSync unveils new proof system dubbed Boojum
Boojum upgrade is live as zkSync Era transitions to a new STARK-powered proof system. The new proof system is designed to power world-class performance on regular consumer-grade hardware. zkSync is…
Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223%
Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200%…
What Are Zero Knowledge Proof Coins and How Do They Work?
Table of Contents What is Zero-Knowledge Proof? How Does Zero-Knowledge Proof Work? Types of Zero-Knowledge Proofs Interactive Zero-Knowledge Proofs Non-Interactive Zero...
TrueUSD the first USD-backed stablecoin to use Chainlink ‘Proof of Reserve’ to mint
TrueUSD will use Chainlink Proof of Reserve (PoR) in minting the TUSD stablecoin. It is the first stablecoin to use Chainlink PoR in controlling the minting process. The PoR will…
Why have Some Exchanges not Released Proof of Reserves?
The fall of FTX has led to calls for increased transparency among crypto exchanges. Several centralised exchanges have released proof of reserves to regain public trust. However, it may take…
Will this “worrying” Binance’s proof of reserves crash BNB further?
Binance has been criticised for the quality of its proof of reserves Mazars say the crypto exchange is 97% collateralised BNB trades down and could find support at $266 The…
Binance releases its proof of reserves system
Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens and networks as well as implement ZK-SNARKs. Crypto exchanges are…
What is Proof of Reserves, and Why is it Important?
Table of Contents What is Proof of Reserves? Why is Proof of Reserves Important? The Impact of Calls for Proof of Reserves How Does a Proof of Reserves Audit Work?…
CACHE Gold integrates Chainlink Proof of Reserve on Polygon mainnet
CACHE Gold, a DeFi protocol that supports fully backed, redeemable and regulated tokenized gold… The post CACHE Gold integrates Chainlink Proof of Reserve on Polygon mainnet appeared first on CoinJournal.
Ethereum finally migrates to a proof of stake after completing the Merge
The Ethereum network has finally switched to a Proof of Stake (PoS) protocol after… The post Ethereum finally migrates to a proof of stake after completing the Merge appeared first…