What Is RenBTC
RenBTC price today is $19,301.85 USD with a 24-hour trading volume of $3,334,748 USD. renBTC is up 4.73% in the last 24 hours. The current CoinMarketCap ranking is #54, with a market cap of $327,422,206 USD. It has a circulating supply of 16,963 RENBTC coins and the max. supply is not available. The top exchanges for trading in renBTC are currently Binance, Huobi Global, Uniswap (V2), Curve Finance, and 0x Protocol. You can find others listed on our crypto exchanges page.
- What Is RenBTC
- Quick Fact About RenBTC
- Liquidity, Unchained
- RenVM serves as the engine that powers decentralized interoperability solutions.
- What problem does RenVM solve?
- What can be built with RenVM?
- What makes up RenVM?
- What can be built with RenVM?
- Supported blockchains
- Transfer any token between any blockchain
- Connecting the unconnected
- Frequently Asked Questions About Compound
RenVM is a byzantine fault-tolerant protocol that facilitates ECDSA threshold key generation and signing via secure mutli-party computation (sMPC). This allows RenVM to securely manage (ECDSA) private keys on different blockchains, making it possible to shift tokens between these blockchains (i.e interoperability).
RenBTC Defi Coins network is currently in phase sub-zero in its pathway to decentralization, for more information on RenVM’s pathway to decentralization, please refer to Ren’s Wiki.
Quick Fact About RenBTC
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | RenBTC Defi Coins |
| Circulating Supply | 16,963 RENBTC |
| Total Supply | 16,963 RENBTC |
| Contract Address | 0xeb4c2781e4eba804ce9a9803c67d0893436bb27d |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Twitter Group |
| Documentation | Click Here To View |
| Project Location | N/A |
| Official Project Website | Click Here To Visit Project Website |
Liquidity, Unchained
Introducing RenVM, an open protocol providing access to inter-blockchain liquidity for all decentralized applications. Bring BTC, BCH, and ZEC to your Ethereum app.
RenVM serves as the engine that powers decentralized interoperability solutions.
RenVM provides one of the only practical interoperability solutions that can scale. It is also the only solution that allows for secret computation over multiple inputs and multiple parties. RenVM is not a product or an application in and of itself, it is a network (and an accompanying SDK) that allows developers to bring cross-chain functionality to their Defi applications.
What problem does RenVM solve?
This directly enhances DeFi’s utility by adding more liquid assets to the Ethereum ecosystem. Regardless of the DeFi app, RenVM can provide a native cross-chain user experience allowing seamless and decentralized interoperability for the first time ever.
What can be built with RenVM?
If your project would benefit from cross-chain liquidity, then you stand to benefit from integrating with RenBTC Defi Coins. Extra care has been taken to ensure RenVM is composable with existing blockchain and DeFi applications.
What makes up RenVM?
Shamir’s Secret Sharing
The premise is simple: a secret is divided into multiple shares, with participants in the secret sharing scheme needing a majority of the parts to be able to reconstruct the secret.
What can be built with RenVM?
RenBTC serves as an plug-in for decentralized finance and therefore, any DeFi application can incorporate RenVM’s capabilities into their applications and existing smart contracts. If your project would benefit from cross-chain liquidity, then you stand to benefit from integrating with RenVM. Extra care has been taken to ensure RenVM is composable with existing blockchain and DeFi applications.
Secure multiparty Computation
RenBTC Defi Coins have pioneered our own state-of-the-art sMPC algorithm that allows untrusted Darknodes to jointly run scripts without revealing the inputs or outputs of the script to anyone, not even to the machines powering RenVM.
Supported blockchains
With support for more blockchains planned, it won’t be long before the entire ecosystem is connected.
Transfer any token between any blockchain
Access tokens from any blockchain using your existing smart contracts without having to worry about wrapping or unwrapping tokens.
Connecting the unconnected
Use RenVM to expand the capability of existing dApps or create entirely new business cases within the decentralized world.
Multi-collateral lending
Utilize your existing non-custodial smart contracts to collateralize cross-chain assets.
Bring cross-chain assets to your DEX
RenBTC Defi Coins Integrate cross-chain assets such as Bitcoin and Zcash into existing DEX or liquidity pool infrastructure.
Cross-chain OTC trading
Traders conducting large volume OTC trades no longer at risk of counterparties failing to honor the trade.
