OKX CEO Star: Self-hosting is the future of the crypto industry
On October 31st, Blockworks founder Yano wrote on X platform that OKX has been continuously improving its reserve proof method throughout the year, which is an impressive comprehensive reserve proof plan in the encryption field. OKX CEO Star immediately retweeted this tweet and said, "I believe self-custody will be the future of the cryptocurrency industry. Cryptocurrency users do not need to trust any company, but trust decentralized technology." Prior to this, OKX officially released the 12th reserve proof on October 30th, becoming the first exchange to complete the POR one-year milestone in the industry. In the past year, OKX has insisted on monthly releases of POR, gradually increasing the number of publicly disclosed currencies from 3 to 22, releasing more than 220,000 public wallet addresses, maintaining a reserve ratio of over 100% for 12 consecutive months, and continuously upgrading the POR system through various technologies such as Merkel trees, full view Merkel trees, and zk-STARK while protecting privacy, setting multiple milestones. Users can independently verify the solvency of Oukei OKX at any time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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