Binance has officially reported that trading for REN/BTC and REN/BNB will commence on December 6, 2018. Those who are interested in preparing for the big event can prepare by now depositing Republic Protocol (“REN”).
Binance Lists Republic Protocol (REN)https://t.co/XQZh6mlfng
— Binance (@binance) December 6, 2018
Those who are on the Republic Protocol team are hoping to donate to the Blockchain Charity Foundation an amount of 28,000. The donation signifies the team’s appreciation for the listing.
According to Binance, REN is “an open-source decentralized dark pool exchange. It facilitates cross-chain atomic trades on a hidden order book over the Ethereum and Bitcoin networks.” Those who mine the protocol run nodes that solve equations and as a result of resolution, they receive tokens and match orders.
— Binance Info (@Binance_Info) December 6, 2018
The good news is that the process does not entail revealing the underlying trade until it has been fulfilled. The system facilitates trustless trading for orders involving large blocks that enable ERC20. Further, miners can execute Ethereum and Bitcoin pairs and all with minimal price decline. Binance further adds, “Republic protocol delivers mathematically-proven security and privacy until execution to dark pools, providing a system for investors and traders to exchange significant amounts of cryptographic assets.”