💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
REN (formerly Republic Protocol) is a protocol aiming to provide access to inter-blockchain liquidity for all decentralized applications. In short, the project attempts to bring Bitcoin (BTC), Bitcoin Cash (BCH), and other crypto-assets (e.g., ZCash) onto Ethereum dApps.
At its core, REN relies on the RenVM, a trustless and decentralized virtual machine. RenVM serves as the engine that powers Ren. RenVM has four core characteristics:
Shamir's Secret Sharing: a form of secret sharing, where a secret is divided into parts, giving each participant its own unique part. In Ren, Shamir's Secret Sharing represents the key foundation of the protocol to keep the data secret.
Secure Multi-Party Computation (sMPC): a mechanism that allows "untrusted Darknodes" to run scripts without revealing their inputs or outputs to any party.
Byzantine Fault Tolerance (BFT) algorithm: a set of network consensus rules that allows the network to work properly even when some nodes are acting maliciously.
Hyperdrive: a modified version of the Tendermint consensus algorithm designed specifically for sharding and sMPC.
The project attempts to expand the capability of existing dApps, and to create entirely new business cases within the decentralized world (e.g., addition of new collaterals for DeFi applications). The REN token is used as a bond to run a Darknode, which powers the sMPC network (RenVM). The decentralized network of Darknodes is permissionless, but a bond of 100,000 REN tokens is required to register and run a Darknode to prevent attacks.