Republic Protocol REN

$0.0300
Market Cap $ 17.937 MM (#237)
24h Volume $ 210.329 K
Chg. 24h: 5.69%
Algo. score 3.4/5  (#218)
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Republic Protocol project purpose and description

Republic Protocol clarity of purpose

Republic Protocol purpose and aspects

Republic Protocol 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. Miners within the protocol run equation solving nodes to earn REN tokens and match orders without revealing the underlying trade until execution. This system creates a trustless trading system for large block orders enabling ERC20, Ethereum and Bitcoin pairs to be executed with minimal price slippage and provides protection from front-running. 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.

Republic Protocol additional differentiation against competition

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Republic Protocol categories

TradingPrivacy

Short description

A decentralized dark pool for trustless cross-chain atomic trading of Ether, ERC20 tokens and Bitcoin pairs.

Abstract

Republic Protocol 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. Miners within the protocol run equation solving nodes to earn REN tokens and match orders without revealing the underlying trade until execution. This system creates a trustless trading system for large block orders enabling ERC20, Ethereum and Bitcoin pairs to be executed with minimal price slippage and provides protection from front-running. 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.

Link to Roadmap: https://republicprotocol.github.io/whitepaper/republic-whitepaper.pdf
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