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BCH $511.70 -0.96%
LINK $8.23 -4.17%
HYPE $28.84 -3.28%
AAVE $106.01 -3.41%
SUI $0.8841 -5.47%
XLM $0.1514 -4.96%
ZEC $226.05 -3.35%

Binance: Has upgraded the proof of reserves (PoR) verification system using zk-SNARK to enhance privacy and security

2023-02-10 17:13:21
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ChainCatcher message, Binance's official Twitter stated that Binance has upgraded its Proof of Reserves (PoR) verification system using zk-SNARK, which is a zero-knowledge proof method designed to enhance the privacy and security of sensitive information.

As part of this upgrade, Binance has added four new tokens—SHIB, DOT, CHZ, and SOL—to the PoR system, which now supports 13 mainstream tokens and can verify the holdings in its custody. More new tokens will be supported in the coming weeks. (Source link)

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