"Actual" Proof of Reserves
The traditional “proof of reserves” model used by most oracles is deeply flawed. Typically, these oracles call a centralised API—often unaudited, unverifiable, and opaque, then “maybe” publish whatever response is returned. The problem?
There's no cryptographic proof the API was called in real-time
There's no guarantee the data wasn't outdated, manipulated, or fabricated
You’re trusting the oracle and the API provider on blind faith
In crypto, we don’t trust; we verify.
Canary Nest Oracle is the first to provide true proof-of-reserves using Trusted Execution Environments (TEEs). All reserve data is verified inside a secure enclave, with cryptographic attestations proving how and when the data was sourced. Combined with our K-of-N consensus model, multiple sources must agree before a value is signed—eliminating single points of failure and dramatically increasing integrity.
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