Decentralized asset cross-chain solution Ren virtual machine RenVM will be launched on the main network in a few weeks

Loong Wang, chief technology officer of Ren, a decentralized asset cross-chain solution, said in an interview with Defiant, “The Ren virtual machine RenVM is only a few weeks away from the official mainnet launch. Once enabled, RenVM will add different types of Collateral to increase DeFi liquidity. Since anyone can run nodes on the network and charge fees, the project will open up a new investment option. ” Ren is committed to connecting different blockchains, helping developers implement multi-chain compatible DeFi applications, and introducing Bitcoin to the DeFi field. Lianwen previously reported that the Ren virtual machine RenVM testnet was officially launched in August 2019. Developers copied RenVM in the form of Darknodes to a decentralized network. The highlight of RenVM is that it can use zero-knowledge proof and new The developed sMPC protocol works in the form of privacy. The state, input and output of all programs in RenVM, including Darknodes, are hidden from everyone. This means that RenVM can implement the management of private keys on multiple different blockchains. Achieve cross-chain token transfer without trust. The virtual machine also comes with a companion SDK, which includes a JavaScript library and a series of smart contract case SDKs that support integration into any application including a decentralized exchange, lending, mortgage, or leverage platform. ETH, DAI, BTC and ZEC are currently supported.