You deserve to know your bitcoin is safe. That's why today, we're announcing River Proof of Reserves.
Our Founder and CEO Alex Leishman walks you through how it works in the video 👇
https://youtu.be/53UqZsLBP1M
Proof of Reserves is not just a new feature at River, but a commitment to transparency.
Many Bitcoin custodians ask for your blind trust, and deflect concerns around solvency by telling you to withdraw or reassuring you they're audited. But not every Bitcoiner is ready to self-custody, so it's time for our industry to do better.
The Bitcoin protocol gives us the tools to provide unprecedented transparency to depositors. This drastically reduces the risk of insolvency going undetected.
We will be performing proof of solvency attestations monthly, and encourage all clients to validate our attestations themselves at https://river.com/reserves
River
npub1xk…ud0en
2024-09-18 14:07:18
Author Public Key
npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0enPublished at
2024-09-18 14:07:18Event JSON
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"kind": 1,
"tags": [],
"content": "You deserve to know your bitcoin is safe. That's why today, we're announcing River Proof of Reserves.\n\nOur Founder and CEO Alex Leishman walks you through how it works in the video 👇 \nhttps://youtu.be/53UqZsLBP1M\n\nProof of Reserves is not just a new feature at River, but a commitment to transparency.\n\nMany Bitcoin custodians ask for your blind trust, and deflect concerns around solvency by telling you to withdraw or reassuring you they're audited. But not every Bitcoiner is ready to self-custody, so it's time for our industry to do better.\n\nThe Bitcoin protocol gives us the tools to provide unprecedented transparency to depositors. This drastically reduces the risk of insolvency going undetected.\n\nWe will be performing proof of solvency attestations monthly, and encourage all clients to validate our attestations themselves at https://river.com/reserves",
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}