A detailed description and exchange rate of Bitcoin renBTC (RENBTC)

 renBTC (RENBTC) Wrapped-Tokens, Tokenized BTC, Decentralized Finance (DeFi), Asset-backed Tokens 

Blockchain: N/A using algorithm N/A

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Curculation 6639.34892857 из 6639 RENBTC

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RenVM implements universal interoperability using the tokenised representation model. However, it introduces several advances that aim to solve many of the technical and economic problems in existing models.RenVM was created to replace the role of the trusted custodian with a decentralised custodian. This decentralised custodian is implemented using the RZL MPC algorithm, which can generate and manage ECDSA private keys without exposing them (not even to the machines that power RenVM). This improves on WBTC and imBTC by removing the need to trust a centralised custodian.renBTC (RENBTC) is a one for one representation of BTC on Ethereum via RenVM.

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Rating renBTC

Rank by rate  CoinMarketCap: 194

Rank by rate  CoinGecko: 90.

Evaluation of communication (points): 36,377

Common Assessment Points: 0,008

Evaluation of the design (points): 63,957

Assessment of the liquidity (points): 42,812

Useful links and additional information

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Events RENBTC

Official website RENBTC: https://renproject.io/ 

Block explorers RENBTC: etherscan.io  ethplorer.io  bscscan.com  polygonscan.com 

Socials

Twitter renprotocol  

Reddit: https://www.reddit.com/r/RenProject/  

Telegram: renproject  

Software

GitHub: https://github.com/renproject/ren-js

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