At Vault of Satoshi we have always tried to embody the mantra of being an open, honest and transparent exchange. We feel it's our duty to do so when you make the decision to place your funds in our hands.
For this reason we have long sought after a way to prove our reserves to the public in a safe and reliable manner, while most exchanges issue a third-party audit, we felt that simply wasn't open enough - so today at Vault of Satoshi we are proud to announce
full proof of solvency and the publication of our cold wallet!
Users can self validate both their balance and the overall reserves of the exchange by navigating to our security center and selecting "BTC Proof of Solvency". From there, load the partial tree list, select "online tools" and copy paste in the relevant information to validate the holdings.
Note: While our secured cold wallet is listed and public, we have decided to not publish the hot wallet address for security reasons, and so the total value may have a discrepancy of up to 5-6%.
We at Vault of Satoshi want to thank you for your trust and your continued patronage. We will continue to take steps to be transparent and promote honest, customer oriented practices in the Cryptocurrency market.
All the best,
Adam Cochran
Director of Marketing
Vault of Satoshi
Original:
http://www.reddit.com/r/vos/comments/23lxho/vault_of_satoshi_launches_full_proof_of_solvency/