SOLV协议POR： - 储备证明（POR）似乎占据了领先的媒体叙事

Web3公司在FTX崩溃后开始关注的传统已成为身份验证和商标的基准。

Solv Protocol, a Yzi Labs-supported Bitcoin DeFi protocol, has integrated Chainlink Proof of Reserve (PoR) to provide real-time transparency into the security of over $2 billion in collaterized assets.

SOLV协议是由YZI实验室支持的比特币Defi协议，已集成了链条列出证明（POR），以实时透明度为超过20亿美元的占相综合资产的安全性。

The DeFi platform has deployed two Proof of Reserce feeds on BNB Chain and Ethereum for users to independently verify the collateralization of their Bitcouna or other staked assets at any time.

DEFI平台已在BNB链和以太坊上部署了两个重新供给的证明，以供用户独立验证其Bitcouna或其他Staked Assets的抵押品。

This follows a recent trend of CEXs and DeFi companies adopting Proof of Reserves to win users’ trust. However, the topic of PoR has become a point of contention in the crypto market.

这是在CEXS和DEFI公司采用储备证明以赢得用户信任的最新趋势之后。但是，POR的话题已成为加密市场中的争论点。

Earlier today while speaking at Bitcoin 2025 Conference, Strategy’s Michael Saylor called PoR a “bad idea.”

今天早些时候，在比特币2025会议上讲话时，策略的迈克尔·塞勒（Michael Saylor）称POR为“坏主意”。

Why New Projects Like Solv Protocol moving against the tide is interesting

为什么像SOLV协议之类的新项目与潮汐相提并论很有趣

It is interesting to note that emerging crypto projects are offering their PoR against the tide. There are still some of the most prominent crypto firms that do not publish.

有趣的是，新兴的加密项目正在为潮流提供他们的局面。仍然有一些最著名的加密企业不发布。

Coinbase, despite being the largest U.S. exchange and a publicly traded company, does not offers an on-chain PoR covering its customer deposits. CEO Brian Armstrong had said that, beyond their regular financial audits, they have “no plans” to publish a Merkle-tree style reserve proof for their main exchange balances.

Coinbase尽管是美国最大的交易所和公开交易的公司，但并未提供覆盖其客户存款的链子。首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）曾说过，除了定期的财务审计外，他们还没有“没有计划”来出版默克尔 - 树风格的预备役证明，以确保其主要交易余额。

Another instance is of Robinhood Markets, which holds billions in customer deposits across stocks and crypto. It is yet to release any form of PoR even as other U.S.-based platforms have moved to adopt it post-FTX.

另一个实例是Robinhood Markets，该市场可容纳数十亿个股票和加密货币的客户存款。即使其他基于美国的平台已搬到FTX后采用它，也尚未发布任何形式的POR。

Bitcoin firm, which holds over $10 billion in Bitcoin has explicitly rejected on-chain PoR.

持有超过100亿美元比特币的比特币公司明确拒绝了链上的POR。

As mentioned above, Saylor argued at Bitcoin 2025 that publishing wallet addresses “dilutes security” and called PoR “a bad idea,” indicating no intention to adopt it.

如上所述，Saylor在2025年比特币上辩称，出版钱包讲述了“稀释安全”，并将Por称为“坏主意”，这表明无意采用它。

Security and Transparency In a Fragile Market

脆弱市场的安全性和透明度

In a competitive market, transparency is a moat. Users are more likely to deposit assets and interact with platforms that can publicly prove they’re solvent.

在竞争激烈的市场中，透明度是护城河。用户更有可能存入资产并与可以公开证明其溶剂的平台进行交互。

Thus, startups which typically find it difficult to establish themselves against the giants are likely offering PoR as a viable competitive advantage.

因此，通常发现很难与巨人建立自己的初创公司可能会提供POR作为可行的竞争优势。