Alternatives to proof-of-reserves

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Michael Saylor, executive chairman of Strategy, stated that company audits should be signed by the CFO, CEO, and board of directors, all of whom are legally accountable under U.S. law.

Michael Saylor, executive chairman of Strategy, said he is open to future implementations of proof-of-reserves only if they can be performed using zero-knowledge proofs that fully obscure wallet addresses

Michael Saylor, executive chairman of Strategy, stated that a better alternative to proof-of-reserves would be audits by, for example the Big Four accounting firms, which verify both asset ownership and liabilities

Michael Saylor, executive chairman of Strategy, stated that wallet transparency created by proof-of-reserves might be tolerable for a small scale holdings of cryptocurrencies

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