"As we continue to prepare for Mainnet, we want to share the high-level release plan and its implications for the community, especially those running Darknodes. This release plan is not designed to be an exhaustive discussion of each release phase, but to set the foundation for the coming months, prepare our community for more active participation, and begin the conversation around a gradual release. Each phase will have a standalone blog post that details its distinct characteristics and how to get involved when released."
Without a doubt, the biggest achievement of the last month has been the successful release of RenVM Testnet. It has now been running smoothly for two weeks, and we have been able to gather the first bits of feedback from other projects and the general community.
Our development team has been working hand in hand with third-parties to provide all the necessary resources for an easy integration process. These components are also being released so that developers can begin building and testing their ideas right away.
"Since June, the Ren dev team has been busy testing, improving, and stabilising the RenVM Testnet in preparation for its upcoming release. Over the last month, we have continued this rigorous testing and are now in the final stages."
"Without interoperability, it is impossible to connect different blockchains together in a way that their decentralized applications can benefit from each other’s liquidity and provide a simple and complete experience for their users"
"It was always understood by ICO buyers that the REN Project, based in fintech-friendly Singapore, was attempting to build a sophisticated privacy layer and it looks as though they were finally getting very close to a resounding success. As they put it, they were building the infrastructure to connect the unconnected."
"Secure Multi-Party Computation (SMPC) is an important subset of cryptography. It has the potential to enable real data privacy. SMPC seeks to find ways for parties to jointly compute a function using their inputs, while keeping these inputs private."
"In a November 2018 presentation and their January 2019 update, the team revealed that in their quest to create the most private dark pool possible, they ended up creating a new virtual machine called RenVM."
"Nodes race to discover order matches and any match that is found must be registered so that other nodes can see which orders have been closed. Associated traders are notified and none of the matched orders can be involved in future matches. This process is done on the Ethereum network and if two orders do not match, they will continue to be used in future matching games. Traders can specify an expiry of up to 24 hours or cancel their order unless it has already been matched. Any fees associated with an unmatched order will be refunded upon expiry or cancellation of the order.."