/biz/ - Business & Finance

Anonymous Fri Nov 18 21:06:07 2022 No.52509858 [View]
File: 254 KB, 1080x1895, signal-2022-11-16-12-03-25-258.jpg [View same] [iqdb] [saucenao] [google]

>>52509759
this just shows how ignorant you are, chainlinks proof of reserve doesnt do PoR for centralized entities. it is meant to be used to automate insurance onchain and for example stablecoin pegging and backing.

they clearly state that while PoR is doable for cexes , proof of liability (that really matters) cant be done, and its not the focus of chainlink as chainlink only brings PoR proofs onchain, chainlink doesnt do PoR themselves.
its not their job to do so.

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