Now Live: BitMEX Bitcoin Proof of Reserve and Proof of Liability System

BitMEX launches Proof of Reserve and Proof of Liability for Bitcoin. View real-time data updated twice weekly. Verify exchange reserves now.

Files

From this point onwards, the Proof of Reserve and Proof of Liability data files will automatically be made available to the public. This will occur twice a week, every Tuesday & Thursday.

View all the files here

Snapshot As At 15 Nov 2022

Reserves

Liabilities

Snapshot time

15 Nov 2022

15 Nov 2022

Snapshot block height

763,269

n/a

Balance

71,910.5 Bitcoin

71,908.9 Bitcoin

Further Reading

  • To read about the theory behind the BitMEX Proof of Liability scheme click here

  • To see a tutorial on how to conduct the Proof of Reserve and Proof of Liability process click here

  • To download the open source tool, which enables one to conduct the process click here. Use of the open source tool is subject to our Terms of Service.

Further Work

The BitMEX Proof of Reserve and Proof of Liability process is almost complete. There are two additional outstanding areas of work:

  • Providing each BitMEX client with a nonce, such that they can check the inclusion of their balance in the Proof of Liability Merkle tree. This should be available in the front end user interface within the coming weeks.

  • Implementation of the process for alternative coins, such as Ethereum and USDT.

WRITTEN BY

BitMEX Research

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bitmexbitcoineducationethereum