Altcoins News
By Steven Anderson
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REN Core Project is RenVM
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REN Liquidity Unchained
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The REN Network facilitates an open-source protocol for developing a distributed network of nodes to fulfill orders, without knowing anything about the orders.
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Per the Republic Protocol’s whitepaper, the REN token has two functions.
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1) Incentivizes node operators to match orders.
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2) To pay bonds to the Registrar, allowing traders and nodes to participate in the Republic Dark Pool.
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(In simple words Dark pools are private exchanges where institutional investors can anonymously trade with big orders that are not accessible to the public)”
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Ren tweeted on: “How does #RenVM bring Bitcoin, BCH, and Zcash to Ethereum?”
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Several investors congratulated REN and stated, “This is a real cross-chain, waiting for more crossing asset!”
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Loong Wang, CTO of Ren Project, during the Asia Blockchain Review in the past, stated: Ren is an open protocol that enables the permissionless and private transfer of value…
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REN (REN) is the cryptocurrency token issued on the Ethereum platform. The circulating supply of REN is 850 Million coins with a max supply of 1 Billion coins.
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At the time of writing the news, Ren has been trending at $0.0426 (+5.6%).
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Liquidity is unchained in REN. With REN, it is possible to transfer any token between any blockchain.
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RENVM facilitates multi-collateral lending, brings cross-chain assets to DEX, and facilitates cross-chain OTC trading. Further, support is planned for more blockchain.
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On January 10, 2020, Loon Wang has recently published a blog on: "How RenVM Works."
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