Republic Protocol (REN)

What is Republic Protocol

The possibility of cross-chain exchange allows users to exchange assets of different blockhouses through an atomic swap without the need for intermediaries. The Republic Protocol project, possessing all this, combined with the lack of risk of vulnerability or dishonesty of the exchange itself, gives a chance to be claimed, first of all, by large players wishing to enter the market or conduct large-scale operations inside it.

Republic Protocol uses Shamir's secret sharing scheme to separate orders into multiple fragments distributed throughout the network. The original order could not be recreated without collecting most of the fragments. To protect against malicious acts with these "fragments" of orders, Republic Protocol uses the smart contract Ethereum called Registrar, which collects network nodes in the network topology, which establishes a high price for an attacker to "collect" fragments, because one or more individual nodes, even whole topologies, will not help.

The Republic Protocol system is a decentralized exchanger with a hidden order book that executes orders without disclosing specific details, where the Republic Protocol token is used as a motivator and a means of protecting the system.