Bitcoin development company Blockstream has open sourced development of a tool which allows cryptocurrency exchanges to prove their liquidity. Exchanges Have ‘Room For Improvement’ Dubbed ‘Proof of Reserves,’ the tool originated as a feature geared to Blockstream’s Liquid Network, developers subsequently opting to release it for market participants throughout the Bitcoin network. This, it said in an accompanying blog post, was due to the inadequate and patchwork nature of proof schemes currently available. “We originallyRead MoreThe post Blockstream Unveils ‘Proof Of Reserves’ Tool to Prove Exchange Liquidity appeared first on Bitcoinist.com.
