Every now and then a new blockchain comes to market that promises something exciting, either a performance improvement or new capabilities. Along with it, you will be sold a new token so that you can use the new capabilities. This is not necessarily a bad thing, but the new token brings all new problems with it, and it will take serious effort to market the new token, while at the same time putting the early investor at risk because the new value of the token may very well go to zero.
Remitano Network was designed with such an awareness of the problem from the start. The network is designed so that it is possible to add new capabilities and leverage the latest exciting technology in the blockchain space to the network without the need to introduce a new token .
Remitano Network is not a single blockchain, rather it is a set of blockchains designed to be interchangeable from the ground up . The initial network will be simple to transfer value similar to Bitcoin, Litecoin, but with faster block time and a more efficient consensus protocol. Next, we will add a decentralized token exchange to the network, then a decentralized fiat-token escrow, and finally, a full smart contract platform. As we discover new technologies in the blockchain space, we will add it to the Remitano network, so with the RENEC token, an investor should have the ability to transact quickly, exchange cheap, reliable escrow and execute complex smart contracts .
RENEC Token
RENEC is the abbreviation of Remitano Network Coin - the official token of Remitano Network:
- Token: RENEC
- Blockchain: Remitano Network
- Protocol: Authorized Proof of Stake (DPoS)
- Token Type: Utility Token
- Base mining power (solo): 0.02 RENEC/hour
- Supply: Supply will be decided as a result of RENEC's mining program
- White Paper: https://remitano.com/renec/ng/renec-whitepaper
- My RENEC: https://remitano.com/renec
How to get free RENEC token?
Below are the instructions for mining RENEC tokens:
- Step 1: Download the Remitano app from Google Play or App Store, then open the app, go to the main menu and press the "login/register" button to register an account.
- Step 2:
- On Android devices: From the main menu, select "Earn RENEC" if you are using an Android device. Then click the "Phone Number Verification" button at the top of the page, enter the phone number and enter the OTP code from the operator's message to complete the level 1 verification.
- On iOS devices: From the main menu, select "Remitano Network", then follow similar instructions for Android devices.
- Step 3: "Scroll down to RENEC mining" and tap the "Start Mining" button to get the airdrop.
More details and all links are available here .DYOR. NEVER share your private keys! And NEVER use an exchange wallet address! Instead, we recommend using the Trezor wallet .Legal liability : This website does not offer investment advice. The author is an amateur investor and the information found here is for informational, entertainment or educational purposes. As a result, it should not be construed as personal investment advice. Although the information provided is believed to be accurate, it may include errors or inaccuracies. This website and the author cannot be held responsible for any action you take as a result of what you read here. Find out more .