OKX released the 25th issue of PoR: The reserve ratio of 22 publicly listed cryptocurrencies exceeds 100%
ChainCatcher news, OKX has released the 25th proof of reserves, with the reserve ratio of 22 publicly listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 104%, 102%, 104%, and 100% respectively, with a total value of $26,745,350,449.
It is reported that OKX is the first cryptocurrency exchange in the industry to celebrate the second anniversary of the POR release. During these two years, OKX has consistently published PoR monthly, increasing the number of publicly listed cryptocurrencies from 3 to 22, and continuously upgrading the PoR system through technologies such as Merkle trees, full Merkle trees, and zk-STARK. Recently, OKX POR also completed an efficiency upgrade, reducing the proof document size used for user verification from 2.55 GB to 598 KB.