Deep Dive | Proof of Reserves (History, Merkle Trees, FTX Fallout)

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.

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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?