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Episode 257: Proof of Solvency with Kostas Chalkias
Zero Knowledge
Why Did Facebook, Meta, Why Did You Need This?
Facebook spent a lot of money to improve on the community tools that we have today for a proof of solvency. We should credit Facebook for this, right? Because I don't know about battery reputation and other things that we mentioned at the very beginning. And because now the topic is super relevant, I think many other cryptographers should help. It's not the perfect solution, as I explained, because of synchronization and some other issues that you might face. However, without this, we have nothing. At least let's have a tool that can make the work of potential fraud or something more difficult to be performed.
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