We present the RENEC blockchain, designed around the central principles of scalability, security, reliability, and scalability, to address these challenges. RENEC is a decentralized blockchain platform designed to enable creators to build experiences that will power billions of users in the Web3 era. Founded in 2021, RENEC blockchain is an open source project currently run by the RENEC Foundation. RENEC's third-generation blockchain architecture is designed to facilitate the development of smart contracts and decentralized applications (DApps). RENEC's Genesis block was mined on October 14, 2022. RENEC aims to scale throughput far beyond what popular blockchains typically achieve, while keeping costs low.
Website: https://renec.org/
RENEC's vision is to provide a blockchain that can bring mainstream adoption to the web3 and power an ecosystem of decentralized applications that help solve real-world user problems. Our mission is to enhance the reliability, safety and performance of blockchain by providing a flexible and modular blockchain architecture. This architecture will support frequent upgrades, rapid adoption of the latest technological advancements, and maximum support for new use cases.
We have always envisioned a decentralized, secure and scalable network managed and operated by the community that uses it. As infrastructure needs grow worldwide, blockchain's computing resources will expand horizontally and vertically to meet those needs. As new use cases and technological advancements arise, the network must upgrade regularly and continuously without disrupting the experience.
