Republic Protocol

Republic Protocol is an open source, distributed dark pool Protocol that facilitates automated cross-chain transactions between Ethereum and Bitcoin on a hidden order. Protocol miners run equation solving nodes to match orders to complete transactions to obtain REN token rewards without exposing potential orders. It creates a trust-free trading system that supports high-volume REC20, ETH, and BTC trading pairs without price slippage and pre-emptive trading. The Republic Protocol uses atomic exchanges to trade bitcoin, Ether, and other tokens. Transactions are recorded in an implicit order book and are matched by a multi-party computing protocol engine, which ensures that the details of the order are not exposed until it is executed, while also making it easier for other traders. 
 Republic Protocol does not require a trusted third party to operate dark pools, and it builds a healthy and rational economic ecosystem through token REN. The aim is to develop dark pool protocols with high security, high dispersion, high scalability and high throughput. Republic Protocol will help traditional institutional investors quickly enter the digital currency space. It hopes to popularize and accelerate the development of blockchain. 
< h1 id="what-is-ren-ren"> </h2>
Ren (Ren) is an open protocol designed to provide interoperability and mobility between different blockchain platforms. 
Ren, formerly Republic Protocol, launched its virtual machine host network RenVM in May 2020 and completed a $34 million initial coin offering (ICO) in 2018. 
REN, the protocol's native token, acts as a bond for the running nodes (called Darknodes) that power RenVM. 
Ren aims to extend the interoperability of decentralized Finance (DeFi) by removing barriers to liquidity between the blockchain chains, thereby extending its accessibility. 
<h3 id="who-are-the-founders of ren"> </h3>
Ren was founded in 2017 by CEO Zhang Yangguang. Ren was originally called the Republic Protocol and was first announced in January 2018, with Zhang explaining its initial use case as "decentralized dark pools." 
Zhang himself has extensive experience in cryptocurrencies and also co-founded crypto hedge fund Virgil Capital. 
Prior to that, Zhang co-founded Neucode, a software and web development startup, in 2014. Another co-founder of Neucode, Jaz Gulati, is now a software developer at Ren. 
<h4 id="what-makes-ren-unique"> </h4>
Ren is a complex platform with multiple use cases, but it is ultimately designed to overcome barriers to entry and investment in DeFi projects. 
 as a plug-in, it allows the DeFi project to introduce foreign cryptocurrency assets such as Bitcoin (BTC) and Zcash (ZEC) into its products. More broadly, users can essentially exchange any token between any two blockchains without intermediate steps, such as using so-called "wrapped" versions of tokens, such as wrapped Bitcoin (WBTC) and wrapped Ethereum (WETH). 
RenVM is the network of virtual computers that make up the virtual machine. The machines that power the network that makes up RenVM are called dark nodes. 
Ren charges a variety of fees for internal operations, but most of them don't make money directly; they pay miners instead. As a ERC-20 generation coin, REN also attracts different gas fees to facilitate transactions. 
<h4 id="how-many-ren-ren-coins- are-therein-circulation "> How many ren (ren) coins are in circulation? </h4>
REN's fixed supply is capped at one billion (1,000,000,000) tokens. Ren conducted pre-sales and public token sales in 2018, during which it sold 60.2% of its supply to investors. 
Ren has a reserve fund that initially allocates 19.9% of the total supply, while another 9.9% is allocated internally to advisers, teams, and their founders. Team tokens have a two-year lock-up period and advisor allocations have a six-month lock-up period. 
Another 10% of REN supply is dedicated to activities such as partnerships and development. 
REN is the ERC-20 standard token. 
<h3 id="how-is-the-ren-network-secured"> How secure is ren network? </h3>
RenVM is a Byzantine fault-tolerant protocol that facilitates ECDSA threshold key generation and signing via secure Multi-Party computing (sMPC). This allows RenVM to securely manage (ECDSA) private keys on different blockchains so that tokens can be transferred between these blockchains (i.e., interoperability). 
 The network is currently at phase zero of the decentralized approach. For more information about RenVM's decentralized approach, see Ren's Wiki
<h3 id=" what-can-you-buy-ren-ren "> Where can you buy ren? </h3>
REN is a freely traded token that can be found on all major exchanges. Among them, Binance and Huobi Global have the largest volume between October and 2020 on cryptocurrency, Fiat, and Stablecoins.

Ethereum，Energi，Harmony，NEAR Protocol

0x408e41876cccdc0f92210600ef50372656052a38

0x83ab721c8b3dd30ad711460f666371366550c5a7

0x451e129b6045b6e4f48e7247388f21163f7743b7

Website

Explorer1

Explorer2

Explorer3

Explorer4

Explorer5

Explorer6

Whitepaper

Source Code

Telegram

reddit

blog

Twitter

Facebook

LinkedIn

medium

discord

Republic Protocol (REN) Intro

Taiyang Zhang (CEO), Loong Wang (CTO),

Team

Media

Explorer

Bitcoin

Ethereum

Dogecoin

Litecoin

Ripple

Tether

Binance Coin

Solana

APE Coin

TRON

Elizabeth Warren Salutes Satoshi Nakamoto? Bitcoin Fans Are in a Frenzy

Bitcoin's $50K Rally Fails to Spark Retail Frenzy

3 cryptocurrencies to reach $10 billion market cap in 2024

Important Event

项目简介

Binance

Coinbase Pro

Kraken

Gate.io

Related Exchanges

BlockVC

Signal Ventures

Polychain Capital Portfolio

Signum Capital

HYPERCHAIN CAPITAL 

Genesis One Capital

Myriad Capital Management

Wyre Capital

Plasma Capital

Cipher Ventures

FinForge

BlockAsset

HTX Capital

Limitless Crypto Investments

Huobi Capital

Blocktown Capital

MW Partners

Moonchain Capital

East Chain Co.

Alphabit

256 Ventures

VBC Ventures Portfolio

Investment Firm

Token Distribution

First Financing

total financing

Project动态

Project Introduction

Project Vision

Market Demand

Solution

Basic Info

Project Implementation Mechanism

Token Usage Scenarios

Algorithm

Mechanism

Characteristic

Technical Characteristics

Project Highlights

Project Risk

Values

Gist

Loong Wang

Taiyang Zhang

Project Team

KuCoin

Bitget

MEXC

BingX

HitBTC

CoinW

Gemini

BitMart

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	REN/USDT	0.03746000	-4.58%	$823,604.7	6.6703%	2024-10-22 09:22:10
2	Bitget	2	Bitget	REN/USDT	0.03746800	-4.49%	$59,117.99	0.4788%	2024-10-22 09:21:44
3	HitBTC	3	HitBTC	REN/USDT	0.03738500	-4.67%	$58,564.82	0.4743%	2024-10-22 09:21:52
4	BingX	4	BingX	REN/USDT	0.03746000	-4.58%	$35,971.77	0.2913%	2024-10-22 09:21:49
5	MEXC	5	MEXC	REN/USDT	0.03748800	-4.51%	$23,258.55	0.1884%	2024-10-22 09:22:23
6	Gate.io	6	Gate.io	REN/USDT	0.03766000	-3.88%	$20,903.46	0.1693%	2024-10-22 09:19:16
7	KuCoin	7	KuCoin	REN/USDT	0.03750000	-4.39%	$16,239.81	0.1315%	2024-10-22 09:18:45
8	CoinW	8	CoinW	REN/USDT	0.03754800	-4.21%	$10,733.58	0.0869%	2024-10-22 09:21:14
9	Gemini	9	Gemini	REN/USD	$0.03763	-4.3%	$9,424.23	0.0763%	2024-10-22 09:21:49
10	MEXC	10	MEXC	REN/ETH	0.00001447	0.42%	$7,616.16	0.0617%	2024-10-22 09:17:36
11	Binance	11	Binance	REN/BTC	0.00000056	-3.45%	$7,116.72	0.0576%	2024-10-22 09:21:26
12	Kraken	12	Kraken	REN/USD	$0.0387	-1.02%	$6,301.05	0.0510%	2024-10-22 09:10:42

	Volume(24H)	Trading Percent
Binance	Binance	$830,721.43	13.5625%	Visit
Kraken	Kraken	$7,884.29	0.1287%	Visit
Gate.io	Gate.io	$20,966.58	0.3423%	Visit
KuCoin	KuCoin	$16,239.81	0.2651%	Visit
Bitget	Bitget	$59,117.99	0.9652%	Visit
MEXC	MEXC	$30,874.71	0.5041%	Visit
BingX	BingX	$35,971.77	0.5873%	Visit
HitBTC	HitBTC	$58,564.82	0.9561%	Visit
CoinW	CoinW	$10,733.58	0.1752%	Visit
Gemini	Gemini	$9,424.23	0.1539%	Visit
BitMart	BitMart	$49,444.75	0.8072%	Visit

Market information

Price history

Information

Converter

Pairs

Trading platform transaction information

Trading Percent

More Attention