OKX releases the 23rd PoR: User verification file reduced from 2.55GB to 598KB

OKX released the 23rd reserve proof, and the reserve rates of 22 public currencies exceeded 100%, including BTC, ETH, USDT, and USDC, which were 104%, 102%, 106%, and 101%, respectively, with a total value of $19,380,106,491. At the same time, OKX POR also completed efficiency upgrades, and the size of the proof file used for user verification was reduced from 2.55GB to 598KB. It is reported that OKX is committed to improving the transparency of PoR to traditional financial audit standards, thereby continuing to lead the industry in security and transparency. OKX insists on releasing PoR on a monthly basis, with a reserve rate of more than 100% for 23 consecutive months, and the number of public currencies has increased from 3 to 22. It has continuously upgraded the PoR system through Merkle tree, full Merkle tree, and zk-STARK technologies, setting multiple milestones. Under the premise of protecting privacy, users can independently verify OKX's solvency at any time, and it was rated by blockchain expert Nic Carter as representing the highest level of PoR quality among mainstream exchanges.