mike805 · @mike805
26 followers · 989 posts · Server fosstodon.orgHow to sign a bit: generate two random values. Compute the SHA256 of each, and publish the SHAs labeled 0 and 1. Now to sign a 0, publish the first random value. To sign a 1, publish the second. Verification is just confirming the random value hashes to the previously published hash.
Sounds impractical? You can build a whole practical digital signature system on that basis, and it's quantum-resistant. #MerkleTree
CryptoNewsBot · @cryptonewsbot
94 followers · 3521 posts · Server schleuss.onlineProof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck - While many crypto exchanges have seemingly embraced the use of proof-of-reserves (... - https://news.bitcoin.com/proof-of-reserves-are-at-best-incomplete-at-worst-misleading-and-deceptive-says-crypto-analyst-martin-hiesboeck/ #centralizedexchange #martinhiesboeck #off-chainassets #proofofreserves #cryptoexchange #ftxcollapse #blockchain #merkletree #interview #binance #cex
#cex #binance #interview #MerkleTree #blockchain #ftxcollapse #cryptoexchange #proofofreserves #off #martinhiesboeck #centralizedexchange
CryptoNewsBot · @cryptonewsbot
33 followers · 2020 posts · Server schleuss.online
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves - Huobi, the Seychelles-based crypto exchange, recently became the latest digital as... - https://news.bitcoin.com/huobi-becomes-latest-crypto-exchange-to-disclose-proof-of-reserves/ #proofofreservesaudit #proofofreserves #cryptoexchange #ftxbankruptcy #merkletree #stablecoin #exchanges #binance #kucoin #usdt #btc
#btc #USDT #kucoin #binance #exchanges #stablecoin #MerkleTree #ftxbankruptcy #cryptoexchange #proofofreserves #proofofreservesaudit
CryptoNewsBot · @cryptonewsbot
32 followers · 1729 posts · Server schleuss.online
Nine Leading Crypto Exchanges Commit to Proof of Reserve Amidst FTX’s Liquidity Crunch - Following the liquidity crunch of Sam Bankman-Fried’s FTX exchange that i... - https://dailycoin.com/nine-leading-crypto-exchanges-commit-to-proof-of-reserve-amidst-ftxs-liquidity-crunch/ #zzzeditorspicks #proofofreserves #marketnews #zz_popular #merkletree #zzznative #zz_index #zz_top #ftx
#ftx #zz_top #zz_index #zzznative #MerkleTree #zz_popular #marketnews #proofofreserves #zzzeditorspicks