WHAT IS RENECRENEC, which simply means
Remitano Network Coin, is the native coin of the well known
Remitano Cryptocurrency exchange, and also the coin that powers Renec Blockchain.
Renec Blockchain is a decentralized blockchain platform designed to enable creators build their experiences that provides to the billions of users in the web 3 era.
This is a Blockchain designed to make it possible for users to transact quickly with cheaper fees, secure escrow, and execute complex smart contracts using the
RENEC coin.
The journey began in 2021, but the blockchain mainnet(beta) was fully launched in 2022.
WHY RENEC BLOCKCHAIN? 1. SCALABILITY: Renec Blockchain is highly scalable, built with the ability to process thousands of transactions per second, it is faster than most L1 blockchains.
Renec blockchain is also scalable in the sense that, it is built to allow as many new blockchain technologies as possible to be added to the network anytime the need arises, no forks of any kind.
2. LOW FEES: On Renec Blockchain, fee per transaction is as low as $0.0002.
3. CROSSCHAIN TECHNOLOGY: Renec Blockchain uses technology that allows users to exchange assets across different blockchains using only a single coin,
RENEC. Accordingly, Renec Blockchain will lock many tokens on its blockchain and unlock them on another blockchain and vice versa easy, simple and seemless.
4. HIGH PERFORMANCE AND SECURITY: Renec Blockchain runs on a powerful blockchain protocol known as DPOS technology.
DPoS Technology (Delegated Proof of Stake) - is a protocol in the blockchain being used by famous networks like EOS, TRON and Cardano. DPoS is a product born to solve the shortcomings of PoS and PoW protocols, two protocols that most crypto projects are using today.
DPoS possesses a technology-based parliamentary democratic way of operation. This approach is intended to overcome some of the shortcomings of concentration.
This technology was created by Daniel Larimer, it is a consensus mechanism for shareholders to vote for delegates. These delegates will then be responsible for validating transactions and maintaining the system.
RENEC BLOCKCHAIN/COIN BASICSOFFICIAL SOCIAL HANDLESJOIN THE OFFICIAL CHATRENEC MARKETS1. Remitano Exchange :
https://remitano.net/swap/usdt_renecTOKENOMICS & ROADMAP Total supply is RENEC coin during mainnet launch is 73,957,475..
And below image shows the allocation details...
And also the project Roadmap..
Disclaimer:
This is not an official Ann thread of this project,
I am not a member of the team and not affiliated with them in anyway,
I am just an investor who thought to bring
the awareness of this great project to this forum,
I won't be held responsible for your investment decisions,
Please do your own research and invest wisely.