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TechFlow news — Binance CEO CZ took to Twitter, suggesting: Since banks are audited anyway, here's a bold idea: perhaps banks should use Merkle trees for proof of reserves? Even if not 100%, we should at least know part of it, right? We need transparency.Original link
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Binance CEO Zhao Changpeng tweeted: Since banks are audited, here's a bold idea: perhaps banks should use Merkle trees for proof of reserves? Even if not 100%, we should know at least part of it, right? We need transparency.
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