Gate Pioneers Proof of Security (PoSEC), Achieving 104.58% Cold Storage Coverage to Solidify Asset Security
Summary
Gate introduced Proof of Security (PoSEC), a framework that complements Proof of Reserves by disclosing how user assets are split between cold storage and hot wallets and measuring cold storage coverage. Gate reported a 104.58% cold-storage coverage ratio in a November 4, 2026 snapshot, with 88.26% of assets in cold storage and 11.74% in hot wallets. The figures are undergoing independent third-party verification; Gate says it will publish the audit report when complete. The framework defines qualifying cold storage as offline or independently held assets subject to multi-party transfer authorization and independent verification.
