Cryptocurrency Q&A What is renBTC?

What is renBTC?

CherryBlossomDancing Sun Oct 27 2024 | 7 answers 964

renBTC is a digital asset that represents Bitcoin on the Ethereum blockchain. It is powered by RenVM, a protocol that enables the secure and decentralized transfer of value between different blockchains. With renBTC, users can bring the liquidity and functionality of Bitcoin to Ethereum-based applications and smart contracts, unlocking new possibilities for cross-chain interoperability in the decentralized finance (DeFi) ecosystem. What is renBTC?

What is renBTC?

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