Remme REM to Rocket Pool RPL Exchange

Crypto Pair Details: REM to RPL

Remme REM

'Remme is an ecosystem of Identity and Access Management products with a digital key at its heart. Founded in 2015, Remme is building the decentralized Public Key Infrastructure protocol and PKI-enabled apps to address the challenges of Web 3.0. Remme Protocol aims to become the next-generation blockchain-based PKI alternative. It is open-source and customizable to suit business needs. Remme Protocol provides a basis for establishing self-sovereign and authority-issued identities, with a host of use cases. Remme Auth is a 2-click authentication solution that allows users to securely access a website without passwords. Instead, the solution uses Web Cryptography API and blockchain technology. With the Protocol being built on EOSIO codebase, REMChain is an independent blockchain fueled by the REM token. REM is an ERC-20 token on Ethereum with the permanent possibility to swap it to REMChain native tokens in both directions.'

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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