According to PANews on November 29, OKX released the 25th reserve certificate. The reserve rates of the 22 publicly disclosed currencies all exceeded 100%, among which BTC, ETH, USDT, and USDC were 104%, 102%, 104%, and 100% respectively. The total value of the four reached US$26,745,350,449.
It is reported that OKX is the first crypto exchange in the industry to reach the second anniversary of the release of POR. During these two years, OKX insisted on releasing PoR on a monthly basis, and the number of public currencies increased from 3 to 22. It also continuously upgraded the PoR system through Merkle tree, full Merkle tree, and zk-STARK and other technologies. Recently, OKX POR has also completed efficiency upgrades, and the size of the proof file used for user verification has been reduced from 2.55GB to 598KB.
