Remember when smart phones had different operating systems? I’m talking about early cell phone days, the days of the flip phone. The Motorola Razr V3, Sony Ericsson K300, and Samsung SGH-D500 all had its their own proprietary OS. It was all a jumbled mess. The cell phone industry couldn’t move together as one.
Nowadays there is much less variety to contend with. Operating systems have dwindled down to mainly just iOS and Android and as a result cell phones have advanced greatly.
Blockchains today operate just like the operating systems of those ancient dark times. Ethereum has no clue Bitcoin exist, Bitcoin has no clue ZCash exists and vice versa. The communication between blockchain networks is called interoperability and Ren is doing just that.
"The first and only open protocol that provides access to inter-blockchain liquidity for all decentralized applications. Bringing BTC, BCH and ZEC to your Ethereum dApp." (renproject.io)
Along with interoperablity Ren focuses heavily on privacy for true decentralization.
"Trustless privacy and interoperability are absolutely necessary for achieving truly decentralized applications that are secure, usable, and liquid." (docs.renproject.io/ren)
- CoinMarketCap Rank: 82
- Current Price: $0.026782
- Market Cap: $52,693,330
- Max Supply: 1,000,000,000 REN
- Where to buy REN: Binance, Huobi, Kyber Network, Uniswap
- Development Frequency: On Github the Ren organization has a number of active repositories that help developers integrate Ren into their own dApps even providing a TypeScript example as well as documentation on getting started. As a developer this is a beauty to see.
Ren has been making great strides recently in inter-blockchain liquidity by recently announcing The Ren Alliance.
"The Ren Alliance is a consortium of DeFi companies and/or projects that are helping secure, develop, and utilize RenVM." (Introducing the Ren Alliance)
Ren is putting in work and a lot of it. There needs to be a standardized way of communication so this space can move together more concurrently or at the very least pool resources together. I think Ren is definitely a coin you should take a look at.
You see, over in the good ol’ US of A, the V3i is doing exactly what everyone said the V3 should have been doing: flying the Apple flag as an iTunes phone instead of the much maligned and distinctly brick-like ROKR. However, we are set to miss out on that thrill, for reasons that to be honest aren’t exactly clear to us - or maybe even Motorola. It seems that Motorola's RAZR V3 will never go away. The hugely popular device garnered a lot of attention when it was first released, and there is no doubt it is a spectacular piece design. Motorola is capitalising on the handset's enormous success by releasing an updated version, aptly dubbed the RAZR V3i. Bitcoin halving will cut down the production by 50 percent in May 2020. All you need to know about bitcoin. Bitcoin miners, whose computer processors enable the running of the world's most popular virtual currency, will soon face an event that takes place every four years and alters the profitability of ... Das spricht nicht für Langlebigkeit des Faltsmartphones: Nach 27.000 Klappvorgängen ist das neu auf den Markt gekommene Razr von Motorola kaputt.
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