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Proof-of-Reserves (PoR) emerged as a crucial solution in response to a trust crisis triggered by FTX, and it swiftly gained traction among major centralized exchanges (CEX). PoR serves as a means of demonstrating that an exchange's assets significantly exceed its liabilities. This is achieved by structuring asset data into a Merkle Tree format and subjecting it to third-party audits, confirming the exchange's substantial financial backing.

Gate officially announced that it had upgraded its PoR through zero-knowledge proof technology, allowing users to enjoy better privacy protection and data security. It became one of the first exchanges in the industry to adopt zero-knowledge proof PoR. This article will guide you on how to use Gate's Proof-of-Reserve to verify the security of your funds on Gate.io.

Matrixdock focuses on providing investment opportunities in the U.S. Treasury bills (T-bill) RWA token, STBT, for investors who have passed KYC verification.

DOS Network is a decentralized blockchain platform that offers fast and secure data transfer and computation services, privacy protection, and scalability solutions. Learn more.

Vanar Chain is a blockchain network focused on privacy, scalability, and efficient cross-chain transactions, supporting DeFi, NFTs, and Web3 apps.

As one of the pioneers in the industry to introduce proof of reserves, Gate.io will adopt the zk-SNARK technology to enhance its proof of reserves, providing users with superior asset security and privacy protection.

A crypto exchange allows users to buy, sell, or hold crypto assets. A user's choice of crypto exchange can affect the safety of funds.

Render Token (RNDR) is a utility token used for paying for computer-generated graphics and rendering services on the blockchain-based Render Network platform.

FTX Token, FTT is the native token of the FTX ecosystem that grants access to the features and services of the trading platform and generates utility by incentivizing users to hold and use the token.

As a trusted exchange with 13 million users, Gate.io understands the importance of fund security. In May 2020, Gate.io became one of the earliest exchanges to implement Proof of Reserves and has since been a leader in this field. Following the FTX incident, Proof of Reserves has gained significant attention as a solution. Now, Gate.io is pleased to announce a major upgrade to 100% proof of reserves, utilizing zk-SNARK technology to enhance privacy, transparency, and authenticity, further safeguarding user funds.

OpenEden is a tokenized RWA investment platform that provides investors with exposure to US Treasury Bills.

Proof of Reserves is a review of balances held by a crypto exchange or any other financial institution to verify the company’s actual asset holdings.

TUSD is a coin backed by and pegged to the value of the US dollar. It is considered a dependable alternative to other major stablecoins like USDC and USDT.

NKN is a blockchain-based network connectivity protocol aiming to improve internet connectivity and speed using a decentralized data relay system.

Real World Assets (RWA) refer to tangible and intangible assets in the real world, including real estate, bonds, commodities, cash, securities, art, and intellectual property.