Cobo Lianchuang: There are flaws in the Merkle Tree reserve proof method, and it is recommended to improve through the MPC-TSS scheme

Jiang Changhao, co-founder and CTO of Cobo, said that there are some basic flaws in the Merkle Tree reserve proof method. Audit or collusion with external funding parties to pass the audit. At the same time, it is suggested that the two methods of "spot-check random audit" and "accelerating the proof of reserve with the MPC-TSS scheme" can be improved, which can prevent the proof of reserve from being forged during the audit and prevent the leakage of user information. Foresight News previously reported that Cobo announced that it has begun internal testing of the MPC coordination solution, which will be launched in the near future.