What Is Proof of Reserves and What Can It Really Prove?

Seeing a Bitcoin balance in a crypto exchange account tells you what the platform says you own. It does not, by itself, show whether the exchange actually holds the corresponding assets.That is the problem proof of reserves is designed to address.The idea is relatively simple: an exchange provides evidence that it controls certain cryptoassets, often by revealing wallets whose balances can be checked on a public blockchain. But that evidence answers a narrower question than many people assume.It