Render (RNDR) is an innovative Blockchain network that helps projects create motion graphics and visual effects by utilizing unused GPU power in home devices. Users earn RNDR coins by participating in this network, which provides scalability, optionality, and IP protection through Render’s decentralized network. Built on the Ethereum Blockchain and OctaneRender, Render Network uses a job assignment system based on user reputation scores.
What is Render (RNDR)?
Render Network is an innovative Blockchain network that helps projects create motion graphics and visual effects by utilizing unused GPU power in home devices. By participating, users earn RNDR coins, the main network asset of Render Network. This peer-to-peer (P2P) network allows people to efficiently and cost-effectively utilize underused computing power, facilitating traditional processes such as rendering and publishing 3D environments and other visual effects.
Render Network addresses three main issues for its users: scalability, optionality, and IP protection. Scalability is achieved through Render’s decentralized network, which can be expanded to meet user demands. The network’s automatic reputation and job assignment system provides an efficient scaling alternative to costly localized market solutions. Render also offers users various options to commission work or utilize excess GPU power, enhancing operational efficiency.
A significant advantage of Render is IP protection, achieved through a robust digital management system based on Blockchain-backed record-keeping and encryption. Unlike centralized platforms that can censor or delete user data without warning, this system ensures creators’ rights are protected throughout their entire creative lifecycle. Leveraging Blockchain technology, Render ensures the immutability and security of user data.
Render operates on the Ethereum Blockchain and OctaneRender, a rendering application developed by OTOY. While data validation and payment processes are managed via Ethereum, 3D rendering work is completed using OctaneRender along with the open-source ORBX media and streaming framework. Render’s multi-tier pricing (MTP) protocol uses user reputation scores to determine job distribution and ensure high service quality.
The Proof of Render (PoR) consensus mechanism in Render Network is similar to Proof of Work (PoW) but involves Node Operators using their computational power to complete VFX/3D rendering services instead of solving mathematical puzzles. This system relies on a combination of automatic and manual inputs to determine user reputation scores. Render’s pricing algorithms are periodically updated based on various factors to ensure efficient and fair job distribution.
To use Render, content creators upload GPU-based rendering tasks in the ORBX file format using OctaneRender or a supported plugin. Jobs are then encrypted, hashed, and broadcasted over the network. Render’s MTP protocol assigns suitable Node Operators to jobs based on reputation scores and performance characteristics. Content creators can monitor progress in real-time and flag any issues before job completion. Once a job is confirmed satisfactory, RNDR coins are awarded to Node Operators, completing the transaction.
How to Buy Render (RNDR) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Render (RNDR). With over 100 cryptocurrencies available for trading, including RNDR, Binance TR allows quick account creation. Follow these steps to buy Render (RNDR) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. Visit trbinance.com and proceed from the “Create Account” step. In the first step of account creation, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identification number.
After entering the requested information completely and accurately, email/SMS verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify Your Account on Binance TR?
Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process from your phone or the official Binance TR website. Note that you will need your mobile phone to verify your identity from the website.
On the Binance TR website, hover over the “Profile” option at the top right and click “Identity Verification and Limits” from the drop-down menu, then click “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click “Copy URL” to have the identity verification address sent to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first tap the “Identity” option to continue.
Then a screen like the one below will appear. To continue the verification process, first select the document type that is suitable for you.
After selecting the document type, tap the “Upload Front” option to continue. After taking a photo of the front side of the document according to the document type you selected, tap the “Upload Back” option and take a photo of the back side of the document and upload it. Ensure that the images are clear and the information in the photo is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure your face fills the camera area as much as possible once the camera opens.
After completing all these steps accurately and completely, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 and make transactions seamlessly from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits up to 50,000 TL can be made 24/7 with FAST from other banks. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first, go to trbinance.com and hover over the “Wallet” option at the top left of the homepage, then click the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. All you need to do now is use the information shown on the bank’s page to transfer the amount you want to deposit into your Binance TR account via transfer, EFT, or FAST.
Once your bank completes the transfer process, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy RNDR Coin with TL on Binance TR?
After the deposit process, click the “Buy-Sell” option in the top left menu on the Binance TR website to proceed to the TL to RNDR coin purchase step.
After clicking this option, the following page will open. In the search bar on the right side of this page, type “RNDR” and click the RNDR/TRY option from the results to go to the TL to RNDR purchase page.
Now the following RNDR trading page will open. In the red-marked area on this page, you need to enter the price at which you want to buy RNDR in the first box and the number of RNDR you want to buy in the second box. After entering the amount, click the “Buy RNDR” button to complete your purchase.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure to offer both fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users can access market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functions through Binance TR.
