Thread by @MrCartographer_

The @renprotocol is increasing the utility of your $BTC $BCH & $ZEC by enabling you to put your cryptoassets to work on the ethereum blockchain so you can earn passive income, all while providing secure, decentralized custody of your underlying cryptoassets.

#RenVM #Crypto
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$REN Valuation Propositions:
1) Turn your $BTC into $renBTC so you can deposit it on the etherum blockchain & earn passive income
2) Enables secure, trustless, permissionless, scalable, universal interoperability between blockchains (#interoperability)

#RenVM #Crypto

$REN Valuation Propositions:
3) Ren Mainnet is live: mainnet.renproject.io
4) Ren Bridge is live: bridge.renproject.io
5) Ren Alliance has a strong community medium.com/renproject/int…
6) Team is public & active in community: @bftzhang (CEO) & @bzlwang (CTO)

#RenVM #Crypto

$REN Valuation Propositions:
7) Decentralized cryptoasset custodian:
o Instead of storing your $BTC within a centralized custodial setup, RenVM stores your $BTC in a network of decentralized nodes (called Darknodes)

#RenVM #Crypto

$REN Valuation Propositions:
8) Secure custody is provided through Multi-Party Computation (MPC) and Threshold Signature Schemes (TSS)
9) RenVM nodes hold your ‘real’ bitcoins while your ERC20 $renBTC is being used elsewhere

#RenVM #Crypto

$REN Valuation Propositions:
10) The "Multichain" is how RenVM supports additional blockchains
11) The Multichain is a collection of functions, types, interfaces, and runtimes that can be implemented for any blockchain.

#RenVM #Crypto

$REN Valuation Propositions:
12) Next blockchains being integrated: Acala, Binance Smart Chain, DigiByte, Dogecoin, Filecoin, Solana, & Terra (dependent on testing)
13) 100x faster than atomic swaps
14) Secure at scale
15) Integrates into Web2.0 software infrastructure

#RenVM

With 2.5 years of software development, the @renprotocol is an established leader in $BTC & ethereum interoperability. It has already enabled >$400M in volume, and currently has ~$160M in minted digital assets.

Consider $REN for your crypto portfolio.

#RenVM #Crypto