nowfound

Life & fun · February 26, 2014

I implemented gmaxwell's "solvency proof scheme"

Proof of Solvency (PoS) is a scheme designed to let users verify the solvency of online websites which accept Bitcoin (or other similar currency) deposits (e.g. exchange websites, online wallets, gambling websites, etc.) in a way that doesn't compromise the privacy of users. - olalonde/proof-of-solv

I implemented gmaxwell's "solvency proof scheme" launched on February 26, 2014 with 29 votes, #528 of 1,100 launches that month and more than 75% of that year's launches. The site was still online in September 2026, 12 years on.

Visit github.com ↗Alternatives

In plain words

Proof of Solvency is a system that enables users to verify whether Bitcoin exchanges, online wallets, and gambling sites hold sufficient funds to cover deposits, without revealing individual user identities. Implemented based on Gregory Maxwell's scheme, it allows these platforms to prove solvency cryptographically while maintaining privacy. The tool is designed for users who need assurance that online services accepting cryptocurrency deposits are solvent and trustworthy.

written from the facts on this page · September 2026

From the sources

Proof of Solvency (PoS) is a scheme designed to let users verify the solvency of online websites which accept Bitcoin (or other similar currency) deposits (e.g. exchange websites, online wallets, gambling websites, etc.) in a way that doesn't compromise the privacy of users. - olalonde/proof-of-solvency

Does a similar job

all alternatives →

More life & fun this month

the category →

Source: Show HN post ↗

Launched alongside, February 2014

the whole month →
  • Recordit▲564

    A faster way to take screencasts Free + GIF Support

    Life & fun · 2014 · placeit.net

  • thedaywefightback.js▲472

    Add a banner to your site in opposition to mass surveillance on 02/11 - tfrce/thedaywefightback.js

    Life & fun · 2014 · github.com

  • OneTab▲458

    Save 95% memory by converting all your open tabs into a list

    Work · 2014 · one-tab.com

  • JL
    JS library to make your website instant▲426

    http://instantclick.io/ It seems the internet architecture won't bring us instant websites anytime soon. So here is a hack. I released this JS library last month (today is version 2.0 release, fixing v1.0's rough edges), it makes use of HTML5's pushState and preloading to make a website instant. It works like this: before clicking on a link, you'll hover over it. And there's a delay of 200-300 ms between these two events. InstantClick uses this delay to preload a page, when you click on a link it will display instantly in most case. (You can test on the website.) That's…

    Life & fun · 2014

  • IR
    I redesigned the Microsoft employee badge▲322

    For a while, I had this idea of redesigning Microsoft employee badges for a modern and neat look. So I spared a few hours this weekend. It’s over a year Microsoft has started to rebrand itself, starting from its logo to a brand new looking OS, from campus shuttles to direction signs on the cam

    Life & fun · 2014 · alp.im

  • Hemingway▲320

    Hemingway makes your writing bold and clear.

    Life & fun · 2014 · hemingwayapp.com