Proof of reserves has been discussed time and time again to avoid situations like FTX. But ever since FTX went down, the community has demanded that exchanges start making their proof of reserves public. And majority of the big centralized and decentralized exchanges have been publishing their proof of reserves keep in line with the customers' demands. 

Proof of reserves is a method of verification by which investors can see that exchanges do indeed have 1:1 backing of their digital assets that they hold for their investors. The question remains could this action have prevented everything that happened with FTX and can it prevent something like this in the future.

Listen as the guys discuss what is proof of reserves, how it works, different types of proof of reserves, will this bring the investor trust back in exchanges. And is it really that ironclad?