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Jesse Powell

@jespow ↗

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Last Checked Feb. 15, 2023

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Fri Nov 25 21:13:30 +0000 2022

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Jesse Powell @jespow

@FatManTerra @hellspawncrypto @cz_binance It's a 0 or 1 thing though. You don't get 5% credit for baking a cake because you threw some flour in a bowl. Without the complete process, it's 100% worthless. To give any credit for this is a mistake. Question why they'd be seeking credit for it though. https://t.co/aAKmopNTzq — PolitiTweet.org

nosympathy @asdfshort

@FatManTerra @jespow @hellspawncrypto @cz_binance There is no step one, it’s useless without auditor, there is no half-way

Posted Nov. 25, 2022

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Jesse Powell @jespow

@AriDavidPaul Think of the audited merkle tree of client balances as proof of MINIMUM liabilities. You will never be able to prove 100% of total MAX liabilities but you can prove what you owe to clients and control. Gox and FTX would not have been able to prove assets > client liabilities. — PolitiTweet.org

Posted Nov. 25, 2022

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Jesse Powell @jespow

@FatManTerra @gods_protege1 @cz_binance @binance I could be missing something. Maybe @nic__carter can chime in. As far as I can tell from a quick look at a few of these, I don't see how they have accounted for the negative balance in the merkle tree problem. Have the self-attested provided a transparent list of all balances? — PolitiTweet.org

Posted Nov. 25, 2022