Alex Svanevik (Nansen) on Proof of Reserves
Galaxy Brains
00:00
Proof of Reserves
Nonsense has tens of millions of exchange addresses that we have labeled up. We can, did they prove that they own those addresses to you? Did they sign messages with them or? That's why I typically don't use the term proof of reserves myself. They should have done that if we wanted to really consider it proof. There are many examples of exchanges or lending platforms doing quite risky things with customer deposits.
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