A Cryptocurrency With An Egalitarian Ideology

Renos
4 min readMay 9, 2018

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During the winter of 2017, the Renos team airdropped the coin supply to our then, one thousand community members. This approach was taken to create transparency and a level playing field for all participants, in order to facilitate honest development and community growth. Since then, we’ve been working to continuously evolve our crypto-currency, into a platform of reliability for every day usage.

Our project takes an egalitarian approach, an open policy of melding community and development, to create a unique circumstance where technology and humanity evolve together.

Renos values community. Through discussion and democratic voting, our community decides the future of our project. We want to create that of which users of our platform desire, to harbor constant growth within our project for everyone involved. With a devoted group of amazing community members and a development team staking time and energy, everyone at Renos consistently works together towards constant innovation.

Improving Upon Blockchain Technology

Renos respects the giant strides that Bitcoin technology made, but felt further enhancements could be integrated. By design, Renos coins (RNS) are inexpensive to send from user to user. Using Private Send and Instant Send, privacy and speed are also enhanced, keeping snooping eyes away from your transactions and allowing you to avoid long queues for payments to be sent and received.

Blockchain transaction security is another key aspect with Renos. Our project utilizes a Proof of Stake (PoS) protocol. The use of PoS and Masternodes help to keep our blockchain safe for users by ensuring every transaction is directed to the proper receiver, any time of the day or night, worldwide. The benefits of Proof of Stake and Masternodes continue providing a very low energy consumption footprint. This helps, not only to keep costs low, but to provide efficient energy usage without consuming massive amounts of natural resources.

Anyone, at any income level, can generate a passive income with Renos. We provide a 3% annual coin emission to stakers and masternode holders, specifically designed to reward those helping to secure the blockchain, but a low enough coin emission to encourage price appreciation through increased platform utility and time.

…We hope running a Renos node is something you’ll consider.

Coin Specifications and Distribution

Premine: 34,000,000 RNS

Ticker: RNS

Algo: X11

Network Power: POS

POS Static Reward: 3 RNS Per Block

Minimum Stake Age: 6 Hours

Block Time: 90 Seconds

Masternodes: 30,000 RNS per node, 70% of each POS reward will be given to Masternodes

Coinbase Maturity: 50

P2P Port: 57155

RPC Port: 57154

Renotron is Coming!!

Renotron is an innovative platform, presently being aggressively built by the Renos community. An early access beta release is currently working and available for you to download now. It’s a step towards simplicity and freedom in trading… but the best features are yet to come.

Renotron is still in early development but is an integral technology addition to our project. If you would like to learn more about Renotron or take it for a test drive, you can do so by joining us on Discord (https://discord.gg/psCU8BA)

How You Can Become A Part of the Renos Community

Everyone within the Renos family is always happy to help answer any questions or help new users obtain info they require. We have an open door policy and invite anyone curious about our project to always feel welcome to join our conversations, and our vision, at any time.

We embrace community growth, and look forward to spreading awareness and enjoying meaningful experiences in the crypto-currency movement. We have all come a long way to get to this stage and our community has led our efforts.

If you would like to know more about Renos, or the ambitious community supporting our development, you can find all of us at the following sites:

Website: https://renoscoin.com (you can also find our available wallets here for download)

Twitter: https://twitter.com/RenosCoin

GitHub: https://github.com/RenosCoin

Slack: https://renoscoin.herokuapp.com

Discord: https://discord.gg/psCU8BA

Telegram: https://t.me/renoscoin

Bitcoin Talk: https://bitcointalk.org/index.php?topic=1809933.0

You can also purchase Renos on the following exchanges:

Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=RNS_BTC

Coinexchange.io: https://www.coinexchange.io/market/RNS/BTC

Crypto-Bridge: https://wallet.crypto-bridge.org/market/BRIDGE.RNS_BRIDGE.BTC

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Renos

Renos is a forward looking, egalitarian crypto-currency, driven by our spirited community and committed dev team.