Ren (REN), an open protocol that facilitates permissionless and confidential transmittance of value between any blockchain, saw its native cryptocurrency rally 12.20% in 24 hours to $0.1260 on establishment of new transaction administration system permitting RenVM to handle several $BTC & $ZEC transactions as one.
In preparation for its forthcoming launch, the Ren dev team has been occupied in developing, refining and stabilizing the RenVM Testnet. The group has conducted strict monitoring over the past month and is currently in the concluding phases.
The Ren dev team unveiled RenVM Testnet’s prerelease version at the beginning of June to a tiny community of developers that helped the company in developing, trialing and enhancing RenVM. Developer Docs have also been elaborated by the group.
The team also added more information on how RenVM operates, easy examples, more complicated models showing how to incorporate with real-world initiatives, and interactive tutorials. An open debate about Ren was started on GitHub.
This involves appeals for new functions, changes to current functions, governance talks, and the path to become a genuinely open source venture. As more and more individuals embrace and use RenVM, it will become the location where everybody can be listened.
RenVM now has a fresh transaction handling scheme enabling various (and other) Bitcoin / ZCash payments to be processed as one operation. This allows RenVM for everyone safer, quicker, and safer.
July Development Update
1️⃣ New transaction management system allowing RenVM to process multiple $BTC & $ZEC transactions as one.
2️⃣ A new Command Center is in development.
3️⃣ #RenVM Developer Docs are ready and waiting.https://t.co/A8k4bf8PTQ— Ren (@renprotocol) July 18, 2019
Ethereum, Bitcoin, and ZCash’s multi-chain infrastructure has been upgraded to be quicker and more efficient, particularly in testnet conditions. This involves supplementary libraries that manage de-duplication, instant reattempts, and much more, without other parts being disrupted.
The fundamental memory controllers were reworked to enhance the crash resistance and restart retrieval of specific Darknodes to store operations, frames, and other data. This implies if Darknode collapses, it will be prepared to retrieve itself before facing the danger of missing any rewards.
