BUSINESSR/DEFI
i compared proof of reserves across exchanges and Backpack wins by a mile
Backpack exchange leads in proof of reserves compared to other exchanges like Binance and Kraken, with daily internal checks and full open-source Plonky2 proofs. Backpack covers all coins, unlike OKX which covers 22 coins and Kraken which covers 7. This comparison matters after the FTX incident.
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