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Gate.io Announces to Make Its Merkle Tree Proof of Reserves Solution Open-Source

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[2022-11-09] The cryptocurrency exchange Gate.io has made its Merkle Tree Proof of Reserves solution open-source. Announced by Gate.io’s Founder and CEO, Dr. Lin Han today, the exchange hopes other platforms can use its open-source solution to increase transparency and industry health and welcomes other exchanges to receive consultancy and advisory support. In cooperation with leading U.S. firm Armanino LLP, Gate.io was the first to conduct Proof of Reserves audits in this manner back in 2020. Recently, the pair completed another audit. As outlined in a report from Armanin ...

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