{
  "artifacts": {
    "artifactBundleRoot": "0x86842b275a42f5ad31f45ba3fa522526843fe084c64d6cd1a2bc8b5079ba8117",
    "present": [
      {
        "availability": "public",
        "kind": "bapiSnapshot",
        "sha256": "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "url": "https://www.binance.com/bapi/apex/v1/public/apex/market/query/userReserveAuditProofSnapshot"
      },
      {
        "availability": "public",
        "kind": "walletZip",
        "sha256": "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35",
        "url": "https://public.bnbstatic.com/static/proof-of-reserve/wallet_address_20260901.zip"
      }
    ],
    "verificationBundleRoot": "0x72d7e998e36e8cd3f4d22328bcbffbcc9ccec4e3537996e858b010a27226bbc4"
  },
  "checklist": [
    {
      "id": "S0-1",
      "notes": "Snapshot PR01SEP26 is in the public evaluation set.",
      "question": "Has public PoR been published during the last 12 months?",
      "stage": "Stage 0",
      "status": "pass"
    },
    {
      "id": "S0-2",
      "notes": "2026-09-01T00:00:00Z",
      "question": "Is snapshot time explicit?",
      "stage": "Stage 0",
      "status": "pass"
    },
    {
      "id": "S0-3",
      "notes": "Summary and wallet_address_list present.",
      "question": "Is there reserve summary or wallet_address_list?",
      "stage": "Stage 0",
      "status": "pass"
    },
    {
      "id": "S1-1",
      "notes": "Wallet list present; hot-wallet on-chain verifier ran.",
      "question": "Is wallet_address_list public and on-chain verifiable?",
      "stage": "Stage 1",
      "status": "pass"
    },
    {
      "id": "S1-2",
      "notes": "address-ownership verifier UNVERIFIABLE.",
      "question": "Is wallet_ownership_proof public and batch-verifiable?",
      "stage": "Stage 1",
      "status": "unverifiable"
    },
    {
      "id": "S1-3",
      "notes": "global-zk-proof verifier UNVERIFIABLE.",
      "question": "Is global_proof public and independently reproducible?",
      "stage": "Stage 1",
      "status": "unverifiable"
    },
    {
      "id": "S1-4",
      "notes": "third-party-attestation verifier UNVERIFIABLE.",
      "question": "Is independent third-party review available with stated scope?",
      "stage": "Stage 1",
      "status": "unverifiable"
    },
    {
      "id": "S1-5",
      "notes": "No public trusted setup transcript observed for zk-SNARK PoS.",
      "question": "If trusted setup is required, is transcript public; otherwise is the proof system transparent setup?",
      "stage": "Stage 1",
      "status": "unverifiable"
    },
    {
      "id": "S2-1",
      "notes": "Stage 2 is not evaluated until Stage 1 blockers are resolved.",
      "question": "Is root/proof/vk canonically anchored outside exchange servers?",
      "stage": "Stage 2",
      "status": "not_applicable"
    },
    {
      "id": "S2-2",
      "notes": "Stage 2 is not evaluated until Stage 1 blockers are resolved.",
      "question": "Is publication frequency sufficient for Stage 2 (weekly full PoR / daily anchor)?",
      "stage": "Stage 2",
      "status": "not_applicable"
    }
  ],
  "confidence": "medium",
  "effectivePoR": false,
  "evidenceLevel": "E2",
  "exchange": "binance",
  "gen": "Gen 2",
  "generatedAt": "2026-10-31T02:00:00Z",
  "methodologyVersion": "por-transparency-framework@2026-07-01",
  "porStage": "Stage 0",
  "recommendations": [
    {
      "priority": "P0",
      "relatedRiskFlags": [
        "NO_WALLET_OWNERSHIP_PROOF"
      ],
      "text": "Publish batch-verifiable wallet_ownership_proof for wallet_address_list."
    },
    {
      "priority": "P0",
      "relatedRiskFlags": [
        "UNVERIFIABLE"
      ],
      "text": "Make global proof.csv, verifying key, and parameter sources publicly downloadable."
    },
    {
      "priority": "P0",
      "relatedRiskFlags": [
        "OPAQUE_TRUSTED_SETUP"
      ],
      "text": "Publish trusted setup transcript or migrate to a transparent-setup proof system."
    },
    {
      "priority": "P2",
      "relatedRiskFlags": [
        "IMPLEMENTATION_SEMANTICS_RISK"
      ],
      "text": "Review onchain-balance verifier FAIL/WARN outliers in the verification bundle and reconcile CSV vs chain deltas."
    }
  ],
  "riskFlags": [
    {
      "id": "NO_WALLET_OWNERSHIP_PROOF",
      "severity": "high",
      "stageEffect": "max_stage_0",
      "message": "No public batch-verifiable wallet_ownership_proof."
    },
    {
      "id": "UNVERIFIABLE",
      "severity": "high",
      "stageEffect": "max_stage_0",
      "message": "Public global proof/vk not available."
    },
    {
      "id": "OPAQUE_TRUSTED_SETUP",
      "severity": "high",
      "stageEffect": "max_stage_0",
      "message": "Trusted setup transcript is not public."
    }
  ],
  "schema": "ardmere/exchange-assessment@1",
  "snapshot": {
    "btcBlockHeight": 964957,
    "exchangeMerkleRoot": "",
    "id": "PR01SEP26",
    "periodSeq": 46,
    "snapshotTime": "2026-09-01T00:00:00Z"
  },
  "stageBlockedReasons": [
    {
      "ruleId": "floor_no_wallet_ownership_proof",
      "evidence": "wallet_ownership_proof",
      "maxStage": "Stage 0",
      "reason": "No public batch-verifiable wallet_ownership_proof.",
      "riskFlag": "NO_WALLET_OWNERSHIP_PROOF"
    },
    {
      "ruleId": "floor_login_wall_global_proof",
      "evidence": "global_proof.csv, verifying_key",
      "maxStage": "Stage 0",
      "reason": "Public global proof/vk not available.",
      "riskFlag": "UNVERIFIABLE"
    },
    {
      "ruleId": "floor_opaque_trusted_setup",
      "evidence": "trusted_setup_transcript",
      "maxStage": "Stage 0",
      "reason": "Trusted setup transcript is not public.",
      "riskFlag": "OPAQUE_TRUSTED_SETUP"
    }
  ],
  "summary": {
    "headline": "Binance snapshot PR01SEP26 provides public reserve summary and wallet_address_list where available, but Stage 1 is blocked by missing wallet_ownership_proof, opaque trusted setup, and unavailable public global proof/vk artifacts.",
    "rationale": "The available artifacts support Gen 2 / E2 classification and Stage 0 PoR disclosure. Users still need to trust Binance for wallet control, trusted setup honesty, and public availability of the full global proof stack.",
    "scope": "binance snapshot PR01SEP26"
  },
  "verifierResults": [
    {
      "coverage": 1,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "PASS",
      "verifierId": "artifact-integrity",
      "version": "1.0"
    },
    {
      "coverage": 1,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "PASS",
      "verifierId": "internal-consistency",
      "version": "1.1"
    },
    {
      "coverage": 1,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "",
      "verdict": "PASS",
      "verifierId": "btc-anchor",
      "version": "1"
    },
    {
      "coverage": 1,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "summary has no coin rows",
      "verdict": "FAIL",
      "verifierId": "solvency-claim",
      "version": "1.0"
    },
    {
      "coverage": 0.039589442815249266,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "FAIL",
      "verifierId": "onchain-balance-hot",
      "version": "2.1"
    },
    {
      "coverage": 0.6612903225806451,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "FAIL",
      "verifierId": "onchain-balance-token",
      "version": "2.0"
    },
    {
      "coverage": 0.12683284457478006,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "FAIL",
      "verifierId": "onchain-balance-ledger",
      "version": "1.4"
    },
    {
      "coverage": 0.161924364697596,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564",
        "4f4777b7cea57165d60563e3c1238ad6bc2e749bb39b684c06fca3971d804b35"
      ],
      "reason": "",
      "verdict": "PASS",
      "verifierId": "onchain-balance-deposit",
      "version": "1.2"
    },
    {
      "coverage": 0,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "No public download channel for wallet ownership signatures / proofs",
      "verdict": "UNVERIFIABLE",
      "verifierId": "address-ownership",
      "version": "0"
    },
    {
      "coverage": 0,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "Global proof.csv / verifying key not publicly distributed",
      "verdict": "UNVERIFIABLE",
      "verifierId": "global-zk-proof",
      "version": "0"
    },
    {
      "coverage": 0,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "No public third-party attestation report available",
      "verdict": "UNVERIFIABLE",
      "verifierId": "third-party-attestation",
      "version": "0"
    },
    {
      "coverage": 0,
      "inputArtifacts": [
        "b53c6132fd91689454294ad5cad66168116400ca2f740f5b8bff75ab551ed564"
      ],
      "reason": "No per-row wrapped-asset metadata in public PoR artifacts (token contract, representation type e.g. WBTC/cbBTC, canonical asset, custody mode)",
      "verdict": "UNVERIFIABLE",
      "verifierId": "cross-chain-wrapped",
      "version": "0"
    }
  ]
}