The account of the Ren venture started in late 2017 as Republic Protocol, a cross-chain decentralized dim pool; a mystery exchange where brokers could open requests without anybody recognizing what their request was.
During improvement, Ren immediately understood that committing a whole system of machines to a solitary dull pool consuming their figure force, stockpiling, and system bandwidth did not bode well. Along these lines, in 2018, Ren began growing the convention to permit anybody to construct their own dull pool with its own arrangement of rules. RenEx was the first of these dim pools and propelled toward the finish of 2018.
Ren kept on propelling the fundamental innovation trying to take care of the issues that despite everything remained. A shrouded request book was a certain something, and it was a tremendous advance forward, however the convention required more than that to catch a genuine use case.
On the off chance that you need to comprehend what RenVM is about, envision s a motor that gives interoperability to decentralized monetary stages. In fact, it is a SDK for empowering private and interoperable answers for dApps that doesn't bargain their liquidity, ease of use, and security.
Currently, RenVM is worked in Go and Rust, and they use Solidity for keen agreements. The group is intense with regards to inspecting and auditing, ensuring their shrewd agreements and pull demands are well-checked.
Ren Token: Buying and selling
The REN token goes about as a bond that is important to run Darknodes. Despite the fact that the system is permissionless, the bond serves to sort out a steady system and not to allow noxious foes to meddle. Currently, you need 100,000 REN to run a Darknode. When you choose to close it, you will recover your bond.
Darknode administrators get prizes for their commitment, and on the off chance that you need to run one you can do so now by following these bearings.
REN crypto is an ERC20 token that you can undoubtedly buy on an assortment of standard and decentralized exchanges. Furthermore, Lumi Wallet is the ideal spot to store it.