Perlin PERL to Binance Coin BNB Exchange

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Crypto Pair Details: PERL to BNB

Perlin PERL

A high-throughput, DAG-based protocol capable of powering any application. Wavelet | Wasm smart contracts powered by a high-speed ledger. We utilise our unique Wavelet probabilistic DAG-protocol mechanism to facilitate over 31k+ transactions per second and 0-4 second time to finality. What is Wavelet? Wavelet is Perlin’s directed acyclic graph (DAG) based protocol. It is a base-layer ledger which means anyone can build any type of application. It is designed to be the fastest, most secure, and most scalable distributed ledger solution in existence today. Wavelet is underpinned by a new and leaderless proof-of-stake consensus model (LPOS). One of our first use cases for Wavelet is international trade and commerce. Wavelet is well suited for increasing efficiency and transparency for complex processes (that have many inputs and output) such as supply chains and international commerce. While our first commercial focus is bringing Wavelet to the international trade and commerce arena, it is a very flexible protocol and can facilitate a myriad of use cases. Building on Wavelet is designed to be super easy, and we encourage experimentation. If we identify promising real-world applications built on Wavelet, the Perlin team will provide grants and support to facilitate commercial success. Get started here: https://www.perlin.net/



Binance Coin BNB

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name 'Binance' is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

SOURCE: COINGECKO



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