#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Tari Mainnet officially launched: the simplest and fastest way for encryption Mining
Written by: Tari
Compiled by: Deep Tide TechFlow
Tari Labs today announced the launch of the Tari mainnet, a brand new Layer 1 blockchain protocol designed to make crypto mining simple, fast, and aesthetically pleasing through the groundbreaking application of Tari Universe. Tari significantly lowers the barriers to traditional mining with its simple three-step process that takes only a few minutes, aiming to accelerate the mainstream adoption of cryptocurrencies.
Tari is currently the easiest and safest way to participate in the blockchain network, opening up the possibility of crypto mining to users worldwide. With just a Mac or PC, users can download the Tari Universe app by visiting the official website (www.tari.com), complete the installation in a few minutes, and mine Tari tokens (XTM) using their computer's computing power to earn rewards. Every transaction on the Tari network is defaulted to be confidential, ensuring the security of users' financial information while not affecting the convenience of use.
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"Tari is a revolutionary protocol that is far ahead of its competitors in the key area of user experience," said Tari contributor Naveen Jain. "The onboarding process with other protocols is as painful as pulling teeth, requiring a dozen steps such as uploading a driver's license, dancing in front of a camera to prove you're not a robot, and even scanning your retina to get on chain. In contrast, Tari's operation is very simple: as long as you can install the app, you can start mining and earning Tari tokens within minutes."
Tari Universe gamifies the mining process through a visual Proof-of-Work mechanism. Miners compete to solve block problems on the blockchain, building the next "floor" of the Tari blockchain tower. For each block mined, users receive Tari tokens. Tari uses the RandomX hashing algorithm, designed to be ASIC-resistant, ensuring that consumer-grade hardware can also participate in mining. Users can easily adjust the computing resources used for mining and can pause or stop mining with a single click at any time.
Privacy is at the core of the Tari protocol. By adopting the unique blockchain architecture of MimbleWimble, every transaction on the Tari blockchain is confidential by default, ensuring that balances and transaction records cannot be publicly viewed. Unlike traditional public ledger systems, Tari effectively protects the security of users' financial data.
During the testnet phase, over 700,000 users participated in Tari's airdrop program, and nearly 100,000 people mined testnet Tari through Tari Universe, laying the foundation for broader applications. The genesis block of the Tari mainnet has already been mined, and the real-time network has provided opportunities for decentralized mining from day one. On average, each Tari miner spends over 4 hours a day on mining without the need for expensive or customized hardware, while built-in mechanisms prevent bots and mining farms, ensuring that real users benefit first.
"Tari Universe is like a crypto product designed by Apple," said gmoney, founder of 9DCC. "This is the first time anyone can use a blockchain product. No cryptocurrency experience is needed, just download the app, install it, and start mining."
The development of Tari is driven by Tari Labs, backed by top investment institutions such as Blockchain Capital, Pantera, CMT Digital, Slow Ventures, and DV Chain.
"The reason Pantera is excited about Tari is their obsessive focus on the user. They have built a platform where privacy and usability no longer need to be sacrificed," said Paul Veradittakit, managing partner at Pantera Capital. "Tari lowers the barrier to entry by combining powerful privacy features with an intuitive one-click interface, empowering individuals to participate in the crypto economy."
The launch of the Tari mainnet is just the beginning. In the future, Tari plans to integrate cross-chain transaction layers and a native app store into the Tari Universe mining application. Developers will be able to directly distribute applications to the growing Tari user base through this platform, fully utilizing its dual-layer architecture: a secure proof-of-work Layer 1 based on the Rust language, and a native Layer 2 with high scalability and fast confirmations.
About Tari
Tari is a revolutionary Layer 1 blockchain protocol that makes it easy for anyone to become an on-chain user by simply mining from a laptop or desktop computer. For developers, Tari combines the infinite scalability, fast confirmation, and low fees of a high-performance native Layer 2 with an application launcher built into the Tari Universe, providing unprecedented access to on-chain users.
Tari Labs is one of the organizations driving the development of Tari. Institutions supporting Tari Labs include Blockchain Capital, Pantera, CMT Digital, Slow Ventures, DV Chain, and other top investors in the industry.
To learn more about Tari, please visit:
Tari Official Website
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