Binance VD tror att industrin är "friskare" efter marknadsturbulens
- Changpeng Zhao, the CEO of the world’s största kryptoutbytesplattform Binance, stated that the crypto market is in a “healthier position” as the end of the “nasty” year of 2022 nears.
- During a Binance event in Athens, CZ displayed expectation for better things for the upcoming year and stated that he expects a recovery soon as the “industry is healthier.”
- Börsen släppte också sitt proof-of-reserve-system, som började med Bitcoin för att visa börsens hälsa och solvens.
- Kraken CEO and co-founder Jesse Powell, have slammed Binance’s proof-of-reserve as “pointless” because exchange does not account for liabilities.
Medan kryptogemenskapen är orolig för framtiden för kryptomarknaden, Changpeng Zhao, VD för world’s biggest crypto exchange platform, Binance, believes that the industry is in a “healthier position” as the “nasty” year of 2022 is about to end.
Under ett Binance-evenemang i Aten visade CZ förväntningar på bättre saker under det kommande året genom att säga:
“I would expect recovery. So, I think 2022 was a really nasty year, the last six months were like too much has happened. Now the industry is healthier.”
Även om Zhao undvek alla förutsägelser, föreslog han investerare att noga övervaka branschen och stödja trendhändelserna.
Särskilt, strax efter kollapsen av nu konkurssatt kryptobörs FTX, Binance VD etablerade en återhämtningsfond för kämpande kryptovalutaföretag, och det var han frispråkig i sin kritik av sin tidigare rival.
“FTX is more like Madoff. It’s lying, it’s ponzi. Just because FTX happened, doesn’t mean every other business is bad.”
Binance släpper sitt proof-of-reserve-system
Zhao’s recent statements coincide with Binance’s release of its proof-of-reserves system, starting with Bitcoin. The primary reason for this latest release was to show the health and solvency of the exchange. Binance has provided a snapshot of account balances and its Bitcoin reserves, claiming to have 582,485 BTC in its reserves and a net balance of 575,742 BTC for its users.
Med en marginal på 6 743 Bitcoin-enheter gav Binance en länk för sina användare att verifiera sina egna Bitcoin (BTC) innehav på börsplattformen med hjälp av ett Merkle-träd.
Zhao hävdar att hans utbyte är i en solid position och syftar till att expandera marknaden snarare än att fokusera på att tjäna pengar.
“We have enough revenue today. We do not try to maximize profits. We want to be sustainable.”
Krakens vd ogillar
The failure of FTX highlighted the value of proof-of-reserves in preventing situations involving the loss of users’ money. Despite the fact that exchanges have proactively begun disclosing wallet addresses to demonstrate the presence of users’ assets, many business leaders, like Kraken CEO and co-founder Jesse Powell, have slammed the move as “pointless” because exchanges do not account for liabilities.
Powell claims that in order for a proof-of-reserve audit to be complete, it must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the total, and signatures showing the custodian’s ownership over the wallets.
Powell uttryckte sitt ogillande om det nyligen publicerade proof-of-reserves från Binance, och sa att systemet inte tog hänsyn till konton med negativa saldon. Han uttalade:
“The whole point of this is to understand whether an exchange has more crypto in its custody than it owes to clients. Putting a hash on a row ID is worthless without everything else.”