Michael Saylor: “Publishing Proof-of-Reserves is a bad idea-creates a vulnerability”
Michael Saylor, the president of Strategy, said that he found institutions dangerous for institutions to publish the proof-of-paintes of the chain on the chain on behalf of transparency. According to Saylor, this application can weaken corporate security in the long run.
🧠 Warning to institutions from Saylor: “Proof-of-Reserves Publishing Safety weakens”
After leaving Microstrategy, Michael Saylor, who was chaired by Bitcoin investment firm Strategy, made a critical warning between the session of the Bitcoin 2025 Conference in Las Vegas:
“Publishing the proof-of-paint of the chain is a bad idea. This relieves the safety of the exporter, the stockist, the stock market and the investor.”
According to Saylor, the explanation of the crypto reserves of institutions in the name of transparency increases the risk of hacking and follow -up.
🔎 What is Proof-of-Reserves, why is it discussed?
Proof-of-Reserves is a method used by crypto exchanges and fund managers to verify the assets in their hands. Especially FTX and Mt. After the collapse of giant stock exchanges like Gox, this practice became widespread.
Institutions such as Binance, Kraken, Okx and Bitwise began to explain their reserves by adopting this method. But Saylor argues that this shows only one aspect:
“Proof-of-Reserves only shows what you have” what you have, “not” how much you owe ”**
🚨 “Publishing all wallets is like inviting hackers”
Saylor avoided a clear response when Mitchell ASEW from Blockware Solutions was asked whether his company Strategy would use this method. However, he warned with the following example:
“If you want to understand what will happen if you publish all your wallet addresses, give these data to artificial intelligence and ask: nasıl How does this threaten safety over time?’ It will cause you a 50 -page security problem. ”
🏦 Corporate assets are increasing, but the risks are growing
📊 Strategy is currently the public company that holds the highest Bitcoin in the world:
576.230 BTC
Approxual value: 62.6 billion dollars
Among the companies that follow him are 48,137 BTC and mining company Mara Holdings.
In the general table, more than 110 public companies have a total of tens of thousands of BTCs.
🧭 Bitb refugee Review:
“Transparency is important but not as much as security. Proof-of-Reserves may be suitable for individuals, but Saylor’s warning is remarkable for companies moving on a corporate scale.”
📌 Note: This content is not an investment advice. You can follow the developments in security, transparency and regulation from the Bitbing.
