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What is RenBridge?

RenBridge enables the effortless wrapping of digital assets across multiple blockchain platforms. Through RenBridge, users can transform Bitcoin (BTC) into an Ethereum-based ERC-20 token called renBTC. This transformation is overseen by RenVM, which acts as a universal intermediary to convert assets into the necessary formats for various blockchains. RenVM securely retains the BTC and subsequently issues renBTC at a 1:1 ratio, ensuring that each renBTC is completely backed by an equivalent amount of BTC. While your assets are managed by RenVM across different blockchains, this provides an additional layer of security throughout the conversion process. It is crucial to recognize that despite the advancements in this technology, security audits are not foolproof and do not eradicate all potential risks. Therefore, it is wise to remain cautious and avoid investing assets that you cannot afford to lose in the event of unexpected issues. Always make well-informed decisions when engaging with this service, and consider the implications of your transactions carefully.

What is CoinEx Smart Chain (CSC)?

The CoinEx Smart Chain utilizes a PoS consensus mechanism, promoting both decentralization and energy efficiency. This framework streamlines the creation of decentralized applications, facilitating the effortless transition of DApps from Ethereum to CSC. With the capability to support up to 101 nodes, the selection is based on the ranking of staked CET. Moreover, it boasts quick block generation times and extremely low transaction costs. To encourage development within its ecosystem, the CoinEx Smart Chain Foundation has introduced the CSC Ecological Supportive Plan, designed to aid developers in launching their own DApps by offering extensive assistance in funding, technology, market penetration, and various additional resources for top-tier projects. This initiative not only stimulates innovation but also enhances the network's robustness by drawing in skilled developers, ultimately contributing to a vibrant and diverse application landscape. In doing so, it positions itself as a competitive player in the blockchain space.

Media

Media

Integrations Supported

Ethereum
MetaMask
Arbitrum
Avalanche
BNB Smart Chain (BSC)
Bitcoin
CoinEx
CoinEx Wallet
Polygon (Matic)
Ren
Solana
Swapz

Integrations Supported

Ethereum
MetaMask
Arbitrum
Avalanche
BNB Smart Chain (BSC)
Bitcoin
CoinEx
CoinEx Wallet
Polygon (Matic)
Ren
Solana
Swapz

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RenBridge

Company Website

bridge.renproject.io/welcome

Company Facts

Organization Name

CoinEx

Date Founded

2017

Company Website

www.coinex.org

Categories and Features

Categories and Features

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