Proof of Reserves
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CoinTR Reserve Ratio
Based on data at
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Periodic Proof of Reserves
Last Time of Snapshot:
What is PoR (Proof of Reserves)?
Proof of Reserves (PoR) is an independent, cryptographic audit that verifies a cryptocurrency custodian holds 100% or more of user funds, ensuring customer assets are fully backed. It uses Merkle trees to prove user balances exist within the reserves without exposing individual data. CoinTR use it to provide transparency.
Merkle Tree Basics
Proof of Reserves (PoR) is an independent, cryptographic audit that verifies a cryptocurrency custodian holds 100% or more of user funds, ensuring customer assets are fully backed. It uses Merkle trees to prove user balances exist within the reserves without exposing individual data. CoinTR use it to provide transparency.
As shown in the figure below:
