RenVM
E216131
blockchain interoperability project
cross-chain interoperability protocol
decentralized virtual machine protocol
privacy-preserving interoperability protocol
RenVM is a decentralized virtual machine protocol that enables cross-chain interoperability by allowing assets to be transferred privately and trustlessly between different blockchains.
All labels observed (4)
| Label | Occurrences |
|---|---|
| RenVM canonical | 4 |
| Ren Protocol | 1 |
| RenVM software | 1 |
| renBTC | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
blockchain interoperability project
ⓘ
cross-chain interoperability protocol ⓘ decentralized virtual machine protocol ⓘ privacy-preserving interoperability protocol ⓘ |
| aimsTo |
eliminate centralized custodians in cross-chain transfers
ⓘ
improve privacy of cross-chain transactions ⓘ |
| burns | wrapped assets to release native assets on origin chains ⓘ |
| consensus | Byzantine fault tolerant network of Darknodes ⓘ |
| designedFor |
composability with DeFi protocols
ⓘ
interoperability between heterogeneous blockchains ⓘ |
| developedBy | Ren team ⓘ |
| enables |
cross-chain asset transfers
ⓘ
private asset transfers between blockchains ⓘ trustless asset transfers between blockchains ⓘ |
| governedBy | REN token ⓘ |
| hasComponent | Darknodes ⓘ |
| hasFeature |
burn-and-release mechanism
ⓘ
interoperable wrapped tokens ⓘ lock-and-mint mechanism ⓘ |
| mints |
renBCH
ⓘ
RenVM self-linksurface differs ⓘ
surface form:
renBTC
renDOGE ⓘ REN ⓘ
surface form:
renFIL
Zcash ⓘ
surface form:
renZEC
wrapped representations of native assets on destination chains ⓘ |
| networkType | permissionless ⓘ |
| originatedFrom |
Ren Project
ⓘ
surface form:
Ren project
|
| previousName | Republic Protocol virtual machine ⓘ |
| provides | bridge infrastructure for decentralized finance ⓘ |
| securityModel | based on a decentralized network of Darknodes ⓘ |
| supports |
Avalanche
ⓘ
Binance Smart Chain ⓘ Bitcoin ⓘ Bitcoin Cash ⓘ Dogecoin ⓘ Ethereum blockchain ⓘ
surface form:
Ethereum
Fantom ⓘ Filecoin ⓘ Polygon ⓘ Solana ⓘ Terra Classic ⓘ Zcash ⓘ |
| usedIn |
cross-chain liquidity provision
ⓘ
cross-chain yield farming ⓘ moving Bitcoin liquidity into Ethereum DeFi ⓘ |
| uses |
Darknodes
ⓘ
surface form:
Darknodes to secure the network
REN token for bonding by Darknodes ⓘ |
Referenced by (7)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
REN