Post
Topic
Board Service Announcements
Re: [ANN] Kraken Passes Cryptographically Verifiable Proof of Reserves Audit
by
Sukrim
on 24/03/2014, 11:16:11 UTC
I would prefer to see a report that the users have access to 100% of their funds and the exchange cannot access any of those funds. This is not hard to do now we have M of N signatures, why are exchanges wrapping software around naked private keys and declaring themselves secure.
How should that be possible in an exchange setting with sub-milisecond response times for trading?