Ren Project

RenBridge makes it easy to represent cryptocurrencies from one network on other

networks. For example, bitcoin can be represented on the Ethereum network as a token

ERC-20 token if wrapped in renBTC. Using RenVM, the assets are converted to

to the format of the destination network in a 1:1 ratio, ensuring that

wrapped versions are always fully supported by the underlying asset.

While you use new wrapped tokens in other blockchains,

RenVM acts as a decentralized custodian of your original

assets, with the value of the linked REN maintained at three times the

the total value of the locked assets by shaping and burning them.

Darknodes nodes are constantly shuffled to ensure the smooth

RenVM operation, and additional layers of security, such as the implementation of the

RPZ MPC algorithm and algorithmically adjusted commissions, make attacking

hackers an extremely difficult task. In the unlikely event that an

attack, RenVM can recover the stolen funds.