+ Why do you use BTC as a base currency and not the USD, EUR or other currency?

This was a design choice that was made in the spirit of crypto. Bitcoin is currently the defacto reserve cryptocurrency, so we've decided to compare everything to Bitcoin rather than a fiat currency. We may add toggles in the future that allow the changing of the base currency.

+ Why did you build this?

Many cryptocurrencies have transparent blockchains or have tools to allow them to be transparent. Many companies make it a complicated task to check the reserves of cryptocurrencies that they have access to. With many cryptocurrencies it's common to say 'Don't trust, verify' and having a third party auditor only makes it so that you have to trust someone else. We want to present cryptocurrency reserve data in an easy to understand format that everybody can understand.

+ What about audits and attestations?

Third party audits and attestations only add another layer of trust. So "Trust me bro" becomes "Trust my bro, bro". Don't trust, verify.

FAQ