Follow Us @
Peek at RNDR Coin Crypto Performance July 16, 2024, Weakening or Strengthening?
RNDR is an ERC-20 utility crypto token used by artists on the network to exchange GPU computing power from GPU providers (node operators).
RNDR uses a combination of manual and automated proof of work systems, or in this case proof of renders, to verify all art has been successfully rendered prior to payment disbursement and art release.
Leveraging the inherent security properties of the Ethereum blockchain, ownership assets are hashed upon upload and sent to nodes bit by bit for rendering.
All RNDR payments are held in escrow during rendering, and are released to node operators after manual verification by the commissioning artist of successful work.
To prevent malicious actors across both user bases, all assets rendered on the network are watermarked until payment is successfully disbursed, at which point unwatermarked renderings can be downloaded, and all payments are held in escrow until manually verified as correctly rendered.
Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Todaysgist.com is not responsible for the profits and losses arising from investment decisions
Peek at RNDR Coin Crypto Performance July 16, 2024, Weakening or Strengthening?
Follow TODAYSGIST on Google News and receive alerts for the main trending news on cryptocurrency, market trends, upcoming events, predictions, sanctions and lots more!
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.