Post
Topic
Board Altcoin Discussion
Re: Can crypto exchagnes regain users trust with PoR?
by
Silberman
on 08/12/2022, 01:26:24 UTC
~snip~

Is PoR actually enough after all that has happened so far?  Huh

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

That's won't be enough to get all those victims for FTX and LUNA collapse since they're losing a lot of money there, but at least we can get something progressing in our crypto space. The good thing with PoR we can see that will make the current investor keep believing in Centralized Exchange.
But why do you believe that keeping people into believing in centralized institutions which can steal their coins at any moment is a good thing? In my opinion decentralized exchanges should become the standard of this industry, proof of reserves is nothing but a weak attempt by centralized exchanges to keep their power, and we must not let them get away with it, otherwise in a few more years we will see another scandal like this one, showing that we learned nothing from it.