Audience
Decentralized application that allows individuals to mint real BTC, ZEC, and BCH on Ethereum
About RenBridge
RenBridge enables the simple wrapping of digital assets on different blockchains. RenBridge allows users to take BTC and put it on Ethereum, as an ERC-20 called renBTC. Using RenVM, a universal translator, it converts digital assets to the format needed by its destination chain. RenVM takes BTC, holds it, and then converts it to an ERC-20 with a 1:1 ratio to ensure your renBTC is always backed by the same amount of BTC. RenVM holds on to your assets when they are on other blockchains. RenVM is new technology, and security audits don't completely eliminate risks. Please don't supply assets you can't afford to lose!
Other Popular Alternatives & Related Software
Portal Bridge
Portal is a bridge that offers unlimited transfers across chains for tokens and NFTs wrapped by Wormhole. Unlike many other bridges, you avoid double wrapping and never have to retrace your steps. Bridge in any direction. Portal allows existing projects, platforms, and communities to move tokenized assets seamlessly across blockchains to benefit from Solana’s high speed and low cost. Portal does this by wrapping ERC-20 tokens, which are then usable in Solana’s low-cost DeFi ecosystem. How can I integrate Wormhole into my wallet or dapp? Wormhole is an open-source project accessible to all.
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EverBridge
EverBridge integrates blockchains to let investors and projects move freely between networks at block speed. Available on the Ethereum, Binance Smart Chain and Polygon networks. EverBridge makes it possible to bridge a token to many blockchains with the possibility of sharing a consistent circulating supply across all chains and for the tokens to be traded on multiple networks with one supply. New smart contracts are created on each network to mint a matching supply on each blockchain. The new supplies are locked within the bridge vault. When tokens are bridged, the tokens are locked within the bridge vault on that side of the bridge (blockchain of origin), and a corresponding amount of tokens are unlocked from the bridge vault on the other side of the bridge (blockchain of destination). EverRise (RISE) is the first token ever to be launched on three interconnected blockchains simultaneously (Ethereum, BSC and Polygon) with balanced liquidity pools and one circulating supply.
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WanBridge
Before completing decentralized crosschain transactions using WanBridge Web, you need to ensure you have access to the correct wallet(s). You must have wallets for each network involved in the crosschain transaction. In other words, if you are moving $BTC from Bitcoin to Ethereum, you need to use Bitcoin and Ethereum wallets. Similarly, if you are moving $LTC from Wanchain to Moonriver, you need Wanchain- and Moonriver-compatible wallets. Click “Select asset please” on the left side of the terminal. Select the asset you want to move crosschain from one blockchain network to another. Click “Select From Chain” and select the origin chain. Click “Select To Chain” and select the destination chain. Click “Connect to Wallet” in the top right corner of the window. When connecting Metamask for the first time, you will need to click connect in the Metamask pop-up window. Your Ethereum wallet address will now be connected to WanBridge Web. Your ETH balance should also be visible.
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Across Protocol
Across offers high speed, low fee interoperability solutions powered by intents. Intents is proving to be a winning solution, as Across dominates the routes its supports, frequently able to provide the cheapest and fastest bridge option.
Across' unique value is that it guarantees genuine, not synthetic, assets are transferred cross-chain. With an Across integration, dapps and blockchains are able to provide their users with best-execution cross-chain settlement, without security tradeoffs.
Across Protocol offers three products built on a modular, intents-based framework. Across Bridge, which offers high speed, low fee token bridging. Across+, a free chain abstraction tool that allows dapps to onboard users, from any chain, in seconds, for cents. Lastly, Across Settlement, which is a settlement layer that dapps can plug into, to execute intents-based order flow.
The future of interoperability are intents, and Across is leading its execution.
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Company Information
RenBridge
bridge.renproject.io/welcome
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