Hong Fang (OKX) on Refining Proof of Reserves (EP.467) скачать в хорошем качестве

Hong Fang (OKX) on Refining Proof of Reserves (EP.467)

Hong Fang (  / hfangca  ) , President of OKX, joins the show to to announce their twelfth consecutive monthly Proof of Reserve (https://www.okx.com/proof-of-reserves) attestation and to discuss how their PoR implementation has changed over time. Covered in this episode: • OKX's brand refresh • Why OKX chose to launch their monthly PoR attestations a year ago • The importance of PoR today and who is asking for it • Which PoRs they looked at for inspiration • How OKX evolved the procedure from inception to now • The move from merkle liabilities to ZK PoL • The PoR security model and how many users need to check for it to be valid • Handling issues like margin, leverage, and negative balances in their attestation • The relationship between Proof of Reserve and conventional audits • Future directions in PoR and ways to improve • Technical PoR versus audit-enhanced PoR and the role of an auditor • Attacks on PoR and mitigations • Common criticisms of PoR • Why numerous exchanges need to do PoR for it to work overall Content mentioned: • Nic Carter on Medium, The Status of Proof of Reserve as of Year End 2022 (  / the-status-of-proof-of-reserve-as-of-year-...  ) • OKX Proof of Reserve Dashboard (https://www.okx.com/proof-of-reserves)