Proof of Reserves
A process or attestation intended to demonstrate that a custodian or issuer holds assets supporting customer balances or issued tokens.Definition
A process or attestation intended to demonstrate that a custodian or issuer holds assets supporting customer balances or issued tokens.Why it matters
Stablecoin concepts explain mechanisms designed to maintain relatively stable value and liquidity.Related knowledge
- Blockchain — term
- Cryptography — term
- Web3 — term
Canonical knowledge ID:
glossary:proof-of-reserves