Jesse Powell

@jespow ↗

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Last Checked Feb. 13, 2023

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Fri Nov 25 19:39:16 +0000 2022

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Jesse Powell @jespow

People who oughta know better, journalists, especially, should take the time to understand this before overselling it and misleading consumers. https://t.co/Qzb5UY3Bdj — PolitiTweet.org

1/ I said I was going to be more assertive with calling out problems. This is one of them. "Reserves" = assets min… https://t.co/qlREqtun2v

Posted Nov. 25, 2022

Preceded By

Jesse Powell @jespow

This is simply "here's a hash of your record in the BTC spreadsheet". ok... but what's the point? The whole point of this is to understand whether an exchange has more crypto in its custody than it owes to clients. Putting a hash on a row ID is worthless without everything else. — PolitiTweet.org

Posted Nov. 25, 2022

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Jesse Powell @jespow

@scottburke777 @VitalikButerin This merkle tree has nothing to do with a blockchain. This is hashes of rows on a spreadsheet. It's not better than nothing because it pretends to be something it's not. Nothing at least would not be misleading. If the car doesn't have wheels, do the mirrors matter? — PolitiTweet.org

Posted Nov. 25, 2022