Liquidity, unchained.
Introducing RenVM, an open protocol providing access to inter-blockchain liquidity for all decentralized applications. Bring BTC, BCH, ZEC and more to your Ethereum app.
Transfer any token between any blockchain
Access tokens from any blockchain using your existing smart contracts without having to worry about wrapping or unwrapping tokens.\
Connecting the unconnected
Use RenVM to expand the capability of existing dApps or create entirely new business cases within the decentralized world.
Multi-collateral lending
Utilize your existing non-custodial smart contracts to collateralize cross-chain assets.
Bring cross-chain assets to your DEX
Integrate cross-chain assets such as Bitcoin and Zcash into existing DEX or liquidity pool infrastructure.
Cross-chain OTC trading
Traders conducting large volume OTC trades no longer at risk of counterparties failing to honor the trade.
What makes up RenVM?
Shamir's Secret Sharing
The foundation to how RenVM keeps your data secret
The premise is simple: a secret is divided into multiple shares, with participants in the secret sharing scheme needing a majority of the parts to be able to reconstruct the secret.
Secure multiparty Computation (sMPC)
How RenVM efficiently runs secret scripts
We have pioneered our own state-of-the-art sMPC algorithm that allows untrusted Darknodes to jointly run scripts without revealing the inputs or outputs of the script to anyone, not even to the machines powering RenVM.
Byzantine Fault Tolerance
Uptime in a dynamic & potentially malicious environment
Our network thrives even if Darknodes become unavailable or behave maliciously. Scripts keep running, and secrets stay secret.
Hyperdrive
Fast decentralized consensus
RenVM uses a modified version of the Tendermint consensus algorithm designed specifically for sharding and sMPC.
What is RenVM?
RenVM serves as the engine that powers our decentralized interoperability solution.
RenVM provides one of the only practical interoperability solutions that can scale. It is also the only solution that allows for secret computation over multiple inputs and multiple parties. RenVM is not a product or an application in and of itself, it is a network (and an accompanying SDK) that allows developers to bring cross-chain functionality to their DeFi applications.
What are Darknodes?
RenVM is powered by a network of machines called Darknodes, earning rewards for contributing compute power and storage space.
RenVM is network powered by decentralized virtual machines. This virtual machine is replicated over thousands of machines that work together to power it, contributing their network bandwidth, their computational power, and their storage capacity. These machines are known as Darknodes. Darknodes earn a share of the volume transacted through RenVM.
What problem does RenVM solve?
RenVM enables the permissionless exchange of value between blockchains - bringing interoperability to DeFi.
This directly enhances DeFi’s utility by adding more liquid assets to the Ethereum ecosystem. Regardless of the DeFi app, RenVM can provide a native cross-chain user experience allowing seamless and decentralized interoperability for the first time ever.
What can be built with RenVM?
RenVM serves as a plug-in for decentralized finance and therefore, any DeFi application can incorporate RenVM’s capabilities into their applications and existing smart contracts.
If your project would benefit from cross-chain liquidity, then you stand to benefit from integrating with RenVM. Extra care has been taken to ensure RenVM is composable with existing blockchain and DeFi applications.