Proof of Reserves

What They Will NEVER Teach You at Stanford Business School

What they will never teach you at Stanford business school is, “proof of reserve”

Unedited by Larry Chiang

One of ⁦‪Swan‬⁩’s engineers called ⁦‪River‬⁩’s proof of reserves tool “best current state of the art.”

While I believe that regulators will eventually apply to Bitcoin the same tradfi rules separating brokerage from custody, it’s clear this flavor of proof of reserves is a huge improvement 👏👏

Alexander Leishman 🇺🇸 ⁦‪@Leishman‬⁩ logo_twitter-1497383721365.png spacer_464x1-1582829598167.png 1/ You deserve to know your Bitcoin is safe. That’s why today we’re announcing ⁦‪@River‬⁩ Proof of Reserves. I’ll walk you through how it works 👇 pic.x.com/vnxsvrclsx 9/18/24, 9:04 AM WordPress’d

Cory Klippsten 🦢 Swan.com

⁦‪@coryklippsten‬⁩

One of ⁦‪@Swan‬⁩‘s engineers called ⁦‪@River‬⁩‘s proof of reserves tool “best current state of the art.”

While I believe that regulators will eventually apply to Bitcoin the same tradfi rules separating brokerage from custody, it’s clear this flavor of POR is a huge improvement 👏👏

9/19/24, 11:51 AM

Alexander Leishman 🇺🇸

⁦‪@Leishman‬⁩

1/ You deserve to know your Bitcoin is safe. That’s why today we’re announcing ⁦‪@River‬⁩ Proof of Reserves. I’ll walk you through how it works 👇 pic.x.com/vnxsvrclsx

9/18/24, 9:04 AM

WordPress’d “You deserve to know your Bitcoin is safe. That’s why today we’re announcing ⁦‪River‬⁩ Proof of Reserves. I’ll walk you through how it works”