Review on Ren by Özgün A
Ren breaks new ground in the crypto world
Darknode is a link that powers Ren. The Darknode network is an unauthorized network. A bond of 100,000 REN coins is required to run Darknode.
That is, it provides access to cross-chain liquidity for decentralized applications. In short, it provides access to liquidity. It offers open financing support.
Thanks to this project, the risk of users making large volume transactions is eliminated. They create smart contracts by providing cross-chain collateral.
ATTENTION: This coin was developed considering that people have a lot of knowledge about virtual currencies. In other words, if you do not have enough information, you will only be responsible for the transactions you will make on the system.
Big investors interestingly buy Ren coins. I think it will be one of the rising stars of 2021.
Pros
- It attracted the attention of big investors
- It reduces risk by providing collateral between networks
- It eliminates the liquidity problem
Cons
- If you do not know the cryptocurrency world well, this system is not for you.
