Deribit Chief Commercial Officer Luuk Strijers joins the show to talk about their new Proof of Reserve rollout. In this episode: 

• Why Deribit decided to do a PoR 
• What were the considerations going into it? What made Deribit cautious about the procedure?
• Which PoRs did Deribit look at for inspiration?
• Has Deribit received client feedback from the procedure so far?
• How does Deribit demonstrate asset ownership?
• Unique among exchanges, Deribit was able to do a PoR for all of your assets, and on a daily basis. How did they manage this? 
• Why Deribit chose to release the full list of liabilities 
• How does Deribit achieve end user privacy given the full liability dump?
• What data, if any, is leaked by the attestation?
• Did you look at audit firms in terms of supervising the PoR? Why did you go the auditless approach?
• Does Luuk anticipate moving to ZK proofs for liabilities eventually?
• How can PoR be improved? 

Related episodes: 

• OTB 180, The Auditor view of PoR 
• OTB 212, The Proof of Reserve Restoration 
• OTB 283, Jeremy Welch (Kraken) on Contemporary Proofs of Reserve

Related content: 

• Nic Carter on Medium, The Status of Proof of Reserve as of Year End 2022