[1/4] Following on from the publication of a new privacy preserving Proof of Reserves and Liabilities scheme, BitMEX hereby produces a working demonstration
blog.bitmex.com/proof-of-reser
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[2/4] The tool suite for generating and validating Proofs of Reserves (PoR) and Liabilities (PoL) is open source and can be downloaded from GitHub here:
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[3/4] One can also download a full list of all of BitMEX’s Bitcoin reserves and a full list of liabilities in the Merkle tree structure. They are available here:
public.bitmex.com/?prefix=data/p
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[4/4] There is a 200MB file, which is a full list of all the UTXO’s under BitMEX’s control at block height 693,062. This totals 110,090 BTC.
The file also includes all the execution scripts, proving BitMEX can spend the money
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Here is the full link to the files:
s3-eu-west-1.amazonaws.com/public.bitmex.
s3-eu-west-1.amazonaws.com/public.bitmex.
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This is good proof as long as given list of reserve addresses belongs to bitmex. Trying to understand how this can prove that the given list of bitmex reserve addresses doesn't include an address that it doesn't own.
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This list includes an execution script for each address, containing the three BitMEX public keys. This proves BitMEX controls all these addresses
All BitMEX funds are stored in the same multi-sig scheme, with the same three public keys