On The Brink with Castle Island cover image

Jeremy Welch (Kraken) on Contemporary Proofs of Reserve (EP.283)

On The Brink with Castle Island

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Cryptocurrency Depositors, Can You Explain This Concept?

All of the funds that we're talking about are on the block chain there. Whether it's an account base system or u t x oba, there's multiple ways it's represented. And because you have these transactions tat that are happening, and the transactions have, ah, you know, your ultimately signing between any one of these transactions,. You can also sign to prove that you have access to a particular account that has funds on itnd on the blotching. What that enables you to do is create a cryptographic proof of a of the assets that you have in your engagement or yourrr, your possession.

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