OKX releases 23rd issue of PoR: User verification files reduced from 2.55GB to 598KB

On September 27th, OKX released its 23rd reserve certificate, which showed that the reserve ratios of 22 publicly announced currencies exceeded 100%. Among them, BTC, ETH, USDT, and USDC had reserve ratios of 104%, 102%, 106%, and 101%, respectively, with a total value of $19380106491. At the same time, OKX POR has also completed an efficiency upgrade, reducing the size of the proof file used for user verification from 2.55GB to 598KB. It is reported that OKX is committed to improving PoR transparency to traditional financial audit standards, thereby continuing to lead the industry in security transparency. OKX insists on releasing PoR on a monthly basis, with a reserve ratio exceeding 100% for 23 consecutive months. The number of publicly announced currencies has increased from 3 to 22, and the PoR system has been continuously upgraded through technologies such as Merkle Tree, Full View Merkle Tree, and zk STARK, achieving multiple milestones. Under the premise of protecting privacy, users can independently verify the solvency of Ouyi OKX at any time, which has been rated by blockchain expert Nic Carter as the highest level of PoR quality representing mainstream exchanges. More details: https://www.okx.com/zh-hans/proof-of-reserves