Coinbase Launches $500,000 Developer Grant Program
Coinbase, a cryptocurrency exchange, published an article titled “How Crypto Companies Provide Proof of Reserves” on its official website.
Coinbase has stated that, as a public company, has certified its reserves using audited financial statements and is investigating how to use more crypto-native methods to prove reserves.
The company’s financials are audited quarterly by an external auditor, and they file annual audited financial statements with the SEC. When external auditors come in to look at our cold storage reserves, the randomly selected addresses claim ownership and require us to move those funds through our key signing ceremony to demonstrate ownership.
Coinbase also announced a $500,000 developer grant program to help those making progress in on-chain accounting, privacy-preserving techniques for proof of assets or liabilities (including the use of zero-knowledge techniques), and other related technologies or teams.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
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Coinbase Launches $500,000 Developer Grant Program
Coinbase, a cryptocurrency exchange, published an article titled “How Crypto Companies Provide Proof of Reserves” on its official website.
Coinbase has stated that, as a public company, has certified its reserves using audited financial statements and is investigating how to use more crypto-native methods to prove reserves.
The company’s financials are audited quarterly by an external auditor, and they file annual audited financial statements with the SEC. When external auditors come in to look at our cold storage reserves, the randomly selected addresses claim ownership and require us to move those funds through our key signing ceremony to demonstrate ownership.
Coinbase also announced a $500,000 developer grant program to help those making progress in on-chain accounting, privacy-preserving techniques for proof of assets or liabilities (including the use of zero-knowledge techniques), and other related technologies or teams.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
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