Bitmex to allow depositors to self-verify liabilities
Bitmex launched a system that will allow all depositors to self-verify their liabilities in the crypto exchange’s total liability balance sheet. The company’s “Proof of Liability,” or PoL, system does not use a third-party auditor and preserves client privacy via Merkle tree, a cryptographic data structure, according to a blog post on Bitmex’s website.
