Proof of Reserves
German: Reservenachweis (Proof of Reserves)
A cryptographic or attested demonstration that an operator controls assets covering customer balances; without an equally verified liability side it does not evidence solvency.
Why people look this up
Readers deciding how much weight to place on a proof-of-reserves page; the answer depends entirely on liability coverage.
Auf Deutsch
Reservenachweis (Proof of Reserves) — Ein kryptografischer oder bescheinigter Nachweis, dass ein Betreiber Vermögenswerte in Höhe der Kundenguthaben kontrolliert; ohne ebenso geprüfte Passivseite belegt er keine Solvenz.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.