[ANN][RENEC] Renec Blockchain | A completely Decentralized Blockchain For All

[Fivestar4everMVP]

WHAT IS RENEC

RENEC, 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 BASICS

• COIN: RENEC
• BLOCKCHAIN: Renec Blockchain
• PROTOCOL: Delegated proof of stake(DPoS)
• COIN TYPE: Utility Coin
• SUPPLY: 73,957,475
• WEBSITE: https://renec.foundation
  
  • EXPLORER: https://explorer.renec.foundation
  • WALLET: https://wallet.renec.foundation
  • RENEC BLOCKCHAIN DOCUMENTATION: https://docs.renec.foundation
  • WHITEPAPER: https://remitano.com/renec-whitepaper
  
  OFFICIAL SOCIAL HANDLES
  
  
  • Official Twitter: https://twitter.com/RenecBlockchain
  • Official Telegram Channel: https://t.me/renecblockchain
  • Official Reddit: https://www.reddit.com/r/renecblockchain
  • Official Discord Server: https://discord.gg/5QfQwjZd
  
  RENEC MARKETS
  
  1. Remitano Exchange :https://remitano.net/swap/usdt_renec
  
  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.

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[Fivestar4everMVP]

CURRENT OFFERS

Become a Validator on Renec Blockchain and earn Rewards
📢 RENEC Blockchain - Becoming our Individual Contributor!

On November 30, 2022, the RENEC Foundation issued a notice calling for registration to participate in the Delegation Program with a specific set of criteria to become a delegator of RENEC Blockchain and receive a delegation from the RENEC foundation. Suppose you are not yet qualified to be a delegator of the RENEC Foundation, you can still act as an Individual Contributor by building your node with the Validator program using the following instructions:

➡️ How to run a validator: https://docs.renec.foundation/running-validator


📢 RENEC Blockchain Delegation Program - Call out for Registration!

The RENEC Foundation strongly encourages the growth of the community of independent validators, as we understand this strong community will form the backbone of the RENEC blockchain network.

To achieve this mission, we are calling out for contributors who are keen on joining us and become one of our validators.

➡️ Submit your application to our Delegation Program: https://No link shortners - please include original link/renecdelegationprogram

➡️ Learn more detail about our Delegation Program and its criteria: https://No link shortners - please include original link/renecdelegationprograminfo

RENEC FOUNDATION GRANT FOR DAPP PROJECT



📢 RENEC Foundation - Grants for dApps projects!

RENEC Foundation wishes to launch a program to support start-up dApps projects built and operated on RENEC Blockchain, as we believe that this goodwill will bring a strong ecosystem for everyone in the Web3 era.

➡️ Register for grants at: https://No link shortners - please include original link/renecgrants
➡️ Benefits:
- Grants include: Project Launching Bonus & Full project gas fee for 3 years (but not exceeding the Launching Bonus)
- Launching Bonus level: 25K, 50K, 75K, 100K RENEC
- After launching MVP, the project enjoys media benefits including: 5 articles on RENEC Foundation's official social media pages, Banner introduced on RENEC wallet in 15 days
➡️ Granting process:
1. Individuals/Organizations submit an application in the form above
2. RENEC Foundation evaluates, decides on the Launching Bonus level, and sends back the Promise of Funding to the project
3. After receiving the Promise of Funding, the project needs to launch the MVP and receive instantly 1/12 of the Launching Bonus
4. The remaining 11 parts of the Launching Bonus will be divided equally and paid to the project in the next 11 months
5. The project receives all gas burnt on its contracts within 3 years, paid in quarterly manner.

[Fivestar4everMVP]

📢 RENEC wallet extension is launched under the official name of 'Demon Wallet'!!!
➡️ Install extension at: https://chrome.google.com/webstore/detail/demon-wallet/mdjmfdffdcmnoblignmgpommbefadffd

Our Wallet Extension on Chrome, 'Demon Wallet', is officially available on Chrome Web Store from 5/1/2023 with full features:
✔️ Create wallet/Import wallet
✔️ RENEC Deposit/Withdrawal & Transaction history
✔️ Stake/Unstake RENEC & Staking rewards
✔️ RENEC Swap (coming soon)
✔️ Personal customization (language, dark mode, auto-locker, etc.)

Discover Demon Wallet now with its easy-to-use interface & share with us your comments and suggestions!