#4 Your Guide on The Top 100 cryptocurrencies: REN

in #cryptocurrency4 years ago

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Ren is a kind of blockchain cross-platform implementation. It allows the transfer of value between different blockchains. For example person A can transfer 10BTC to person B which owns an ETH account and the value of the BTC will reflect in ETH where the transaction fees will be in REN. This is done with Ren main product called RenVM.

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RenVM is a platform that can provide a native cross-chain user experience allowing seamless and decentralized interoperability for the first time.
The REN network is also used to transfer huge amounts of crypto currencies silently and with no permission with the use of darknodes.

STATISTICS

MARKET CAP = $102808637 USD
CIRCULATING SUPPLY = 865390804 REN
TOTAL SUPPLY = 999999633 REN
I REN = $0.1188 USD

The main purpose of REN is to connect the entire blockchain ecosystem where the REN token is used to validate transactions between different blockchains.