Odyssey OCN to Rocket Pool RPL Exchange

Crypto Pair Details: OCN to RPL

Odyssey OCN

Odyssey is primarily a decentralized sharing economy and peer-to-peer ecosystem, aiming to compete with and replace the likes of Airbnb and Uber. Odyssey dreams big - aiming to completely replace the concept of private ownership with an economy in which everything is shared and little is owned. It’s a long way from its goals, of course, but making peer-to-peer sharing more efficient with smart contracts is certainly a step in the right direction. The Odyssey website lists 9 advisors, with its primary two being Yi Shi, the CEO of Shanghai’s Avazu Holding, a leading global advertising platform, and Justin Sun, the backbone of the TRON cryptocurrency. The advisory team also includes Goh Jian Kai, founder and CEO of Southeast Asia’s cross-border payment solution system RateX. Odyssey has lofty goals, aiming to create a world where sharing is the norm and ownership or sharing monopoly doesn’t come in the way of people’s lives. A decentralized sharing platform where all service providers and customers are connected definitely sounds attractive. It’s a new currency, so it needs development to reach its goals. Of course, the fact that buying a large number of OCN tokens will not put a major dent in your pocket is a definite point in its favour.

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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