Proof of Reserves (PoR) – Milestones
Key milestones and important events in Proof of Reserves (PoR)'s history.
3
Total Milestones
2022
Earliest
2026
Latest
4 yrs
Span
Showing 3 milestones for Proof of Reserves (PoR)
20261 milestone
3
26 Mar 2026
Proof of Reserves (PoR) Founded
Proof of Reserves (PoR) was founded and officially launched.
20222 milestones
2
1 Dec 2022
Crypto.com Publishes First PoR Audit by Mazars Group
In the wake of industry turmoil, Crypto.com engaged Mazars Group to conduct a Proof of Reserves audit, publishing results showing greater than 1:1 backing for major assets like BTC and ETH.
crypto.com/en/proof-of-reserves1
1 Nov 2022
FTX Collapse Spurs PoR Adoption
The bankruptcy of the FTX exchange, which was found to be misusing customer funds, acted as a major catalyst for the widespread adoption of Proof of Reserves by centralized exchanges to prove their solvency.