Good day crypto FAM.

So, not sure if you've heard, but today, Binance has launched a PoR system that allows users to audit their assets in an effort to increase transparency due to the recent FTX desasater.

But is PoR enough? How do we know that the exchange is not leveraging user funds for hidden debt? Correct me if I'm wrong, please, but isn't that the part where PoL comes to play?

I was wondering what's your take on this because I believe that just PoR is not adequate to determine an exchange’s health.

Source:

https://app.getresponse.com/view.html?x=a62b&m=BVGySe&mc=9I&s=BtgXWnG&u=QcLhh&z=EShzGUd&