BitTorrent BTT to Rocket Pool RPL Exchange

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Crypto Pair Details: BTT to RPL

BitTorrent BTT

BitTorrent was initially conceived by Bram Cohen, a peer-to-peer protocol for users to transfer files around the world. The BitTorrent Token (BTT), a TRC-10 token is created on top of the TRON blockchain platform as a way to extend the capability of BitTorrent. The token is added to introduce some economics feature on BitTorrent for networking, bandwidth, and storage resources to be shared and tradeed. Some of the other feature that BitTorrent Token (BTT) offers would be BitTorrent Speed. This is whereby BTT tokens can be big in exchange for faster download speed. List of exchanges trading BTT token can be found at https://www.coingecko.com/en/coins/bittorrent/trading_exchanges



Rocket Pool RPL

Rocket Pool is a next generation decentralised staking network and pool for Ethereum 2.0 Rocket Pool is a self-regulating network of node operators; it automatically adjusts its capacity to match demand. The Rocket Pool protocol token is used to maintain an optimal capacity by: Increasing capacity when needed, by incentivising node operators to join. Decreasing capacity when not needed, by disincentivising node operators from joining. In addition to depositing ETH, a node operator is required to deposit a set amount of RPL per ether they are depositing. This RPL:ether ratio is dynamic and is dependent on the network utilisation. E.g: If the network has plenty of capacity, then node operators need more RPL to make deposits. It gets progressively more expensive in terms of RPL to make node deposits when the network does not have enough ETH from regular stakers to be matched up with node operators. This helps prevent several attack vectors outlined in the whitepaper and keeps assignment of ether ‘chunks’ to nodes quick. If the network is reaching capacity, then node operators need less RPL to join as the network needs more node deposits to be matched up with regular users deposits. If the network is maxed out and needs node operators to join quickly, it even drops to 0 for the first one to make a deposit.

SOURCE: COINGECKO



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