In a recent announcement, Binance, a top cryptocurrency exchange, revealed the Merkle tree Proof of Reserves system. Binance claims that this feature will improve transparency for users’ funds. Binance unveils Merkle Tree Proof of Reserves According to a recent WuBlockchain tweet, the launch will begin initially with BTC and then move to other currencies.
CoinGape’s first post was “Just-In: Binance Unlocks a New Feature for Bitcoin Holders”