EPISODE · Nov 15, 2022 · 43 MIN
Deep Dive | Proof of Reserves (History, Merkle Trees, FTX Fallout)
from Decent Crypto Podcast · host Decent Crypto Podcast
Join Matt and Karan as we break down Proof of Reserves! This is a hot topic with the FTX fallout, and we break down the history and mechanics like merkles trees that make this possible. ------------------------------------------------------------------------------------------------------------------------ Be sure to like and subscribe if you like our content! Follow us on Twitter and everywhere you get your podcasts below: Twitter: https://twitter.com/decentcryptopod YouTube: https://www.youtube.com/channel/UCWQQ... Matthew Blumberg: https://mobile.twitter.com/matt_blumberg Karan Karia: https://mobile.twitter.com/karankaria_ Podcast Links: https://linktr.ee/DecentCryptoPodcast ------------------------------------------------------------------------------------------------------------------------ Timestamps (00:00) Intro (01:00) The Core Problem: Centralized Exchange Custody & Trust (09:06) Proof of Reserves (12:54) Merkle Trees (18:45) The Auditor’s Role (25:34) Would it Have Helped in the FTX Case? (29:20) What Should Users do with Centralized Exchanges?
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Deep Dive | Proof of Reserves (History, Merkle Trees, FTX Fallout)
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