As an exchange we ensure hot+cold wallet covers our liabilities (user assets + margin longs - margin shorts).
Never tried to compute total supply of Ether.
I heard from @udiWertheimer that you have to sacrifice couple of goats to the gods in order to get a precise supply numberhttps://twitter.com/bitcoingrogu/status/1293069110100865029 …
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Why would an exchange care about things theyre not liable for? I.e. Jp morgan doesnt have to verify all silver in existence, just the amount theyre the custodian of
Indeed poor goats. But yeah, the job of an exchange is to ensure users assets are safe and fully covered. So we constantly query onchain (specific address) balances and match them with our records.
