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RE: Decentralization of Wrapped Hive [discussion]

in #hive4 years ago

Nice to see people working on this idea, great initiative.

Curious if you're familiar with REN VM? (I would guess that you are)

  • REN VM aims to bring together different blockchains as a decentralized interoperability protocol.

Most of this is way over my head but it might be useful to understand how it functions. It might provide an alternative to a wrapped version while also being a trustless solution.

This video may be relevant to the discussion and breaks down RENVM for laymen like myself.

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Thanks :) I heard about REN in the past, but never got to learn more about it. It seems they currently support only BTC, BCH, and ZEC, but hopefully, they will add more tokens soon.