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Halving

Ren REN

What is Ren REN?

The Republic Protocol project was established on December 18, 2017 through the whitepaper named: Republic Protocol - A decentralized dark pool exchange providing atomic swaps for Ethereum-based assets and Bitcoin.

It aims to solve two problems in particular:

1. Allow a more efficient way to add interoperability between networks;
2. Offer an exchange point in a distributed and private way, so that large purchases and/or sales do not impact the market.

It uses the ERC-20 token (REN) to maintain the nodes of the network. The minimum amount to maintain a node (in this project called a darknode) is 100,000.00 REN units. The maximum REN supply is 1 billion units.

The project went through an ICO process for development and currently there are many applications already built and fully functioning.

The base of the project is in the RenVM virtual machine where its responsibility is to guarantee the collateral between the assets to be exchanged in an efficient way (compared to the more traditional process known as atomic swap).

Another important feature in the project is the use of Shamir's Secret Sharing algorithm and concepts such as Zero Knownledge Proof – ZkP, which gives rise to the term "darkpool" for this project.

The operation is very simple, it is possible to exchange one asset for another via RenVM where the input arrives via a distributed application. For example, if an individual has 1 BTC and wants to exchange it for some ERC-20 asset, it is enough to send this balance to dapp and the indicated address will receive the collateral in renBTC (which is the collateralized asset in the ERC-20 standard).

What are the benefits of Ren (REN)?

The Republic Protocol issues asset parity at a ratio of 1 to 1 and is an evolution in terms of privacy and elimination of intermediaries compared to the WBTC used in the Ethereum network. The renBTC collateral in the Republic Protcol network is fungible indeed.

Another interesting point is that the collateral generated via Republic Protocol is not a synthetic asset, but the representation of another asset whose "swap" (exchange) actually took place.

Como comprar e vender Ren na NovaDAX

Após se cadastrar na NovaDAX, é possível começar a comprar e vender Ren de uma maneira rápida e fácil!

Ao definir o valor em fiat ou ainda em outra criptomoeda para depositar, como Ethereum (ETH), Ripple (XRP) e Stellar (XLM), o próximo passo é acessar a sua conta por meio do ícone da carteira no menu principal, na qual você vai encontrar as opções para depositar e sacar todas as moedas.

Siga o passo a passo e fique atento ao criar a ordem de depósito. Para informações sobre prazos de aprovação, ACESSE AQUI .

Acesse a opção NEGOCIAÇÃO no menu principal para transações de Ren com fiat (Comprar e Vender) ou Negociações cripto-cripto.

Cotação do Ren REN

Veja o gráfico de Cotação do Ren REN e outras criptomoedas