Agreed. "Proof of Reserves" or "Proof of Custody" we are working on at this moment. We can get proof from our custodian companies holding gold and have them share an update once a day. Thanks for sharing this. We're working on that process as of this writing.
How will this "Proof of Reserves" and "Proof of Custody" work?
Why would coin holders trust you are honestly relaying the PoR and PoC of the custodians?
How do we know that you didn't make a deal with the custodians to keep a fractional reserve in exchange for interest?
Why not have the custodians make the PoR and PoC public, so we don't have to trust you, but only the custodians?
But really, I'm the most curious about proof of reserve and proof of custody. How are the custodians going to
proof they really have the gold they say they have?
That's crucial.