In an exclusive interview with Colin Wu on December 16, Gate founder Lin Han highlighted the impact of the FTX collapse on the cryptocurrency industry's approach to security. Han noted that Gate pioneered the use of Merkle tree-based proof of reserves in 2020, but it was not widely adopted by other exchanges at the time. The FTX incident, however, has since prompted the industry to prioritize this security measure, laying a foundation for improved safety standards. Han emphasized that an ideal proof of reserves (PoR) system should integrate Merkle trees with zero-knowledge proofs, open-source code, and third-party audits to ensure transparent asset verification. He pointed out that few platforms currently implement such comprehensive measures, leaving significant room for improvement in the industry.