Cryptocurrency exchange OKX has announced that the important zk-STARK upgrade for its proof-of-reserve system (PoR) has been completed, adding a total of 21 coins to the PoR system.
OKX, long studied zk-STARK (Zero-Knowledge Scalable Transparent Arguments of Knowledge)announced that its upgrade has been successfully integrated into its proof-of-reserve system. Parallel to the integration of zk-STARK into the reserve proof system 18 different cryptocurrencies adding more, OKX increased the number of coins to 21.
Representing a zero-knowledge proof mechanism, zk-STARK validates user balances while verifying sensitive data. prevents it from being shared with third parties. This upgrade prevents both the independent verification of user assets and the leakage of confidential information such as balances in a way that violates privacy. Thanks to this operation PoR system has been confirmed as healthy and the principle of anonymity is not violated.
On the other hand, the transparent sharing of reserve information also revealed the change in the assets in the stock market. Compared to assets announced in March, OKX users Bitcoin (BTC) assets approx. 7051 while decreasing USDT if their assets 1.1 billion It increased.
OKX in the last 24 hours, according to CoinGecko data $1.08 billion trading volume recorded.
