zk-SNARK

14.02.2023

In order to increase the credibility of its platform, Binance has added the zk-SNARK system to confirm reserves.

It allows you to demonstrate that the funds stored on the platform are backed 1:1.

Binance uses open source code so that every user can verify it, while the zk-SNARK system confirms the information without actually displaying or disclosing it.

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