RenBTC (RENBTC) is an ERC-20 digital asset supported by Bitcoin (BTC) in a 1:1 manner.Users can generate renBTC by sending it to the RenVM address on the Bitcoin blockchain. The user's BTC will be locked in this address, and renBTC will be cast into the designated wallet on the Ethereum blockchain.RenVM does not store BTCs in centralized or trusted hosting settings, but rather in a decentralized node network called Darknedes, which requires running 100000 REN tokens.Users can redeem their BTC by burning renBTC on Ethereum. After confirming the burning of the renBTC token, the locked BTC will be released to the specified Bitcoin address....