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ZEC $1,180.18 +3.95%

Sun Yuchen: Willing to respond to CZ's suggestion of Merkle tree proof of reserves, which has been done by Poloniex and Huobi Global before

2022-11-09 11:36:57

ChainCatcher message, in response to CZ's suggestion that cryptocurrency exchanges should conduct Merkle tree proof of reserves, Tron founder and Huobi Global Global Advisory Committee member Justin Sun tweeted: "Historically, both Poloniex and Huobi Global have done this. Huobi actually just did it again about a month ago. But we are happy to respond to CZ's proposal to do it a third time. Merkle tree proof of reserves is 100% important for transparency in our industry and exchanges." (source link)

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