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Deep Dive | Proof of Reserves (History, Merkle Trees, FTX Fallout)
Manage episode 347140578 series 3394189
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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Be sure to like and subscribe if you like our content! Follow us on Twitter and everywhere you get your podcasts below: Twitter: https://twitter.com/decentcryptopod YouTube: https://www.youtube.com/channel/UCWQQ... Matthew Blumberg: https://mobile.twitter.com/matt_blumberg Karan Karia: https://mobile.twitter.com/karankaria_ Podcast Links: https://linktr.ee/DecentCryptoPodcast ------------------------------------------------------------------------------------------------------------------------
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?
102 episode
Manage episode 347140578 series 3394189
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.
------------------------------------------------------------------------------------------------------------------------
Be sure to like and subscribe if you like our content! Follow us on Twitter and everywhere you get your podcasts below: Twitter: https://twitter.com/decentcryptopod YouTube: https://www.youtube.com/channel/UCWQQ... Matthew Blumberg: https://mobile.twitter.com/matt_blumberg Karan Karia: https://mobile.twitter.com/karankaria_ Podcast Links: https://linktr.ee/DecentCryptoPodcast ------------------------------------------------------------------------------------------------------------------------
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?
102 episode
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