Ripio Credit Network RCN to TurtleCoin TRTL Exchange

Crypto Pair Details: RCN to TRTL

Ripio Credit Network RCN

Ripio Credit Network (RCN) is a global peer-to-peer credit network based on cosigned smart contracts that facilitates connections between lenders and borrowers across the world, on any currency. It enables people across the globe to access credit, and to provide loans. The RCN token is a typical ERC-20 token. This protocol has the smart contract technology embedded into the Ethereum blockchain which facilitates peer-to-peer lending without the hefty transaction fees that are charged in traditional banking processes. The RCN token functions at the core of the system. The inherent value of the token is directly correlated to the demand for its use in the network. Based in Argentina, Latin America, Ripio was launched at the TechCrunch Disrupt in May 2016. Sebastian Serrano, founder and CEO of the Ripio Credit Network is a technology enthusiast. He along with his team of technology experts, analysts and developers have designed an impressive concept along with the website, whitepaper and its implementation within the last 2 years. The team comprises of David Garcia (SVP & Board Member), Eugenio Cocimano (Data Scientist), Antonio Ceraso (CTO & Lead Blockchain developer) and Agustin Aguilar (Smart Contracts Developer) among many others. Ripio started off with a primary objective - to democratize the digital economy in Latin America, by offering digital payment alternatives within everyone's reach in a region where 65% remain unbanked. The smart contract is an integral part of the underlying technology of the Ripio Credit Network. It is generated by the Wallet Provider and executed when it is matched by the Credit Exchange. This smart contract contains information like the relevant credit terms, borrower obligations, events of default along with the signatures or verifications from all other agents. RCN tokens facilitate interaction with the smart contracts among different agents within the RCN. Every credit flow starts when the Borrower makes a credit request. The Borrower performs the request from its Wallet Provider, which has already integrated into the RCN protocol. Post this, the Borrower waits for an approval before any further action can be performed.

TurtleCoin TRTL

Turtlecoin is a privacy coin that is forked from Bytecoin. Because of this, turtlecoin has Bytecoin’s privacy aspects to it called RingCT. This coin is more of a meme coin, but there are a lot of serious tech advancements as well. For example, they have a 30-second block time. They also plan on having simple smart contracts sometime soon, since they say they already started development. They have 35 developers on the team and they also plan on somehow making the blockchain smaller to sync faster, but this is TBA on the roadmap, and the details of this are not out yet. Turtle coin uses the cryptonight_lite_v7 algorithm so it is ASIC resistant. Born on the 9th day of December 2017, TurtleCoin faced a backlash from a couple of online forums, not because it had such a funny name, but since its initial single command line and included TRTL giveaways. Luckily, TurtleCoin of about three months later is grown a lot and has various versions compatible with Apple, Windows and Linux OS. Turtlecoin could be the ideal project to get involved in while it is still in the initial stages. There is more potential for return on investment with a microcap coin than there are with established altcoins. Moreover, you do not have to hand over tokens in an overhyped crowd sale to be a part of this. All you really need to do is download the mining software and get hashing. The coin is one of the easiest to mine as was the developer’s intention. Moreover, given the exciting roadmap that the team has ahead for the project, the future prospects also look quite promising. Private smart contracts and no sync blockchains could push the coin towards mass adoption. Fast With blocks being created every 30 seconds on the Turtlecoin blockchain and transactions taking just seconds, sending and paying with TRTL is a breeze. Easy Having an extremely active development team and a lively, helpful community, you can start using TRTL in minutes, no matter your familiarity and/or expertise with cryptocurrencies in general. Mining TRTL is also very easy to get into with simple, detailed how-to guides. Safe With its beginnings as a fork of Bytecoin, Turtlecoin offers the same degree of privacy and anonimity with its use of ring-signatures. Just like using paper cash, paying with TRTL allows you to spend your money the way you want. Being completely open source, the TurtleCoin project is growing daily. We actively encourage the community to jump in with fresh ideas, no matter your skillset or level of experience. Just hop into the discord and say hello!

SOURCE: COINGECKO

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