Ren (REN) is an Ethereum token that runs Ren’s accessible program for transferring cryptocurrencies between blockchains. Ren in other words is an open protocol that facilitates the activity of value between blockchains. Ren’s primary product, RenVM, gives rise to interoperability to decentralised finance (DeFi). Ren attempts to get popular assets like Bitcoin and Zcash to blockchains comprising Ethereum, making it apparent for these assets to contribute to a multi-chain decentralised finance ecosystem.
It has a circulating ration of 884,532,525 REN coins and the max. Ren is an ecosystem for building, deploying, and driving general-purposes, privacy-preserving, requests using zkSNARK and their newly developed safe multiparty analysis protocol. It makes it possible for any kind of request to run in a decentralised, trustless, and fault-tolerant ground identical to blockchains but with the distinguishing characteristic that all request inputs, outputs, and state, remain private even to the participants running the network.
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