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Proof of Reserves (PoR) System Upgrade: Eleven New Tokens Supported

TWCX

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2023-03-07 05:36

Fellow Binancians,Following the introduction of zk-SNARKs, a zero-knowledge verification method that keeps sensitive information private and more secure, to its Proof of Reserves Verification System in February, Binance is pleased to announce that it has added eleven new tokens, including MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV and DOGE, to its PoR system, bringing the total number of verifiable assets to 24 popular tokens on Binance. Binance plans to add more tokens to the PoR system in the weeks ahead, and will continue to make the verification function more reliable, secure and private.For More Information:Binance zkMerkle Proof of Solvency.What Is Proof of Reserves.How zk-SNARKs Improve Binance's Proof of Reserves System.What Is Merkle Tree.Improving Crypto Transparency with Zero-Knowledge Proof.Thanks for your support!Binance Team2023-03-07Trade on-the-go with Binance's crypto trading app Find us on Telegram.Twitter.Facebook.Instagram.Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.