Background

RenVM

The foundation to how RenVM keeps your data secret How RenVM efficiently runs secret scripts Uptime in a dynamic & potentially malicious environment Fast decentralized consensus

The premise is simple: a secret is divided into multiple shares, with participants in the secret sharing scheme needing a majority of the parts to be able to reconstruct the secret.

We have pioneered our own state-of-the-art sMPC algorithm that allows untrusted Darknodes to jointly run scripts without revealing the inputs or outputs of the script to anyone, not even to the machines powering RenVM.

Our network thrives even if Darknodes become unavailable or behave maliciously. Scripts keep running, and secrets stay secret.

RenVM uses a modified version of the Tendermint consensus algorithm designed specifically for sharding and sMPC.

Integrationstwitter

Grant Thornton Posts Creditor Notice for Dappbase Ventures Limited

Mon 9th Jun 2025
Grant Thornton, acting as voluntary liquidator for Dappbase Ventures Limited, has issued a creditor notice with important deadlines: - Creditors must submit claims within 21 days - Official claim form available through [Microsoft Forms](https://forms.office.com/Pages/ResponsePage.aspx?id=PyUjt4Fy3Eq8HPye82dNeKVvb6WUmwpLp9OM27cK3QZUM1I5OUhLU1I2M01EWktTS1JBUFlZNU82US4u) - Updates posted on [liquidation website](https://www.doanegrantthornton.ca/service/advisory/creditor-updates/#Dappbase-Ventures-Limited) **Important**: Ren v2 development and Ren Foundation operations continue independently and are unaffected by this liquidation process.
Community article

Grant Thornton Posts Creditor Notice for Dappbase Ventures Liquidation

Mon 21st Apr 2025
Grant Thornton, appointed as joint liquidators for Dappbase Ventures, has issued an official creditor notice. All creditor communications will be managed through their dedicated liquidation website at [grantthornton.ca/dappbase](http://www.grantthornton.ca/dappbase). **Important Note**: Ren v2 development and the Ren Foundation are operating independently and remain unaffected by these proceedings. This follows a trend of crypto industry liquidations, including the recent Hodlnaut case in Singapore.
Community article

Binance REN Token Withdrawal Deadline Approaching

Thu 6th Feb 2025
**Important Deadline Alert**: REN token holders on Binance must withdraw their tokens by February 12, 2025, 03:00 UTC. After this deadline, withdrawals will no longer be supported on the platform. The withdrawal requirement comes ahead of the upcoming Ren v2 launch. Token holders are encouraged to: - Complete withdrawals before the deadline - Retain their tokens to participate in Ren v2 - Prepare for the next phase of the protocol's development *Note: This is a mandatory action for all REN holders on Binance*

Ren Protocol Announces Version 2.0 Development

Thu 28th Nov 2024
Ren Protocol is developing version 2.0 with a team of seven developers. The new iteration aims to surpass the impact of Ren v1 on DeFi by addressing: - Core protocol design improvements - Enhanced governance mechanisms - Resolution of ecosystem bottlenecks Key Features: - Decentralized launch with validator support - FROST signing scheme implementation - RenEVM for cross-chain applications - Open-source development approach The project remains in stealth mode but plans to emerge soon. Development focuses on creating sustainable multichain infrastructure with improved security and scalability.
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