TechFlow news, according to the announcement, OKX has officially upgraded its Proof of Reserves (PoR) system, becoming the first exchange in the industry to implement zk-STARK (zero-knowledge Scalable Transparent ARguments of Knowledge) cryptographic proof technology into its PoR system, and has simultaneously open-sourced the system. Developed from a theory by Vitalik Buterin, this technology aims to ensure computational integrity and privacy via blockchain. OKX has incorporated three constraints—balance summation, non-negativity, and inclusion—into the system to guarantee the accuracy and validity of user asset data held by the platform, continuing to lead industry standards for transparency.
Additionally, OKX has today officially released its sixth Proof of Reserves (PoR), with reserve ratios for BTC, ETH, and USDT all exceeding 100% at 103%, 103%, and 103% respectively, amounting to a total value of $10.4 billion—an increase of 39% since January 2023. In addition to the original BTC, ETH, and USDT, OKX has expanded the number of disclosed assets from 3 to 21, adding USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, OKT, PEOPLE, TON, TRX, and UNI, with reserve ratios for all 21 assets exceeding 100%. OKX is one of the few major crypto exchanges in the industry that publishes Proof of Reserves on a monthly basis.
