Altcoins News

Story: renBTC For Undoing the Wrapping and Unwrapping Drama in Cryptocurrency Space

By James Thorp

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Ren Project (renBTC) to be Bigger

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The cryptocurrency renBTC provides a path to connect Ethereum DeFi to Bitcoin.  It is thus possible to access tokens from any blockchain using your existing smart contracts…

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Ren project achieved a lot of stuff in 2020 and they expect to do more in 2021.  Early in 2020, the entire focus of the Ren team was with the release of RenVM Sub-Zero,…

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Lot of cross-chain assets moved between the chains by RenVM proving wider adoption into different DeFi applications like in Curve, Keeper DAO, My Ether Wallet, DeFi Bridge and…

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During the first quarter of 2021, the Ren development team are set to roll out RenVM Sub-Zero version 0.3.0-alpha.

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In Q2 or early Q3, rollout of RenVM Sub-Zero version 0.4.0 is expected to take place. Several other upgrades are also expected to set in during this time and a fees upgrade is…

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The movement of cross-chain assets between host chains will be enabled, thus providing for movement of renBTC between Ethereum and Binance Smart Chain without going back through…

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The Ren Project is expected to be better in year 2021.

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The CryptoBridge portal has been launched for the RenVM ecosystem and they have an aim to expand their educational materials along with information for the decentralized cross…

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CryptoBridge have facilitated information videos, presentations, and materials to foster the expansion of the ecosystem.

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In summary, RenVM, facilitates interoperability of decentralized applications, this making it possible for cross chain lending, collateralization and exchanging of assets.

The Currency Analytics

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