TurtleCoin TRTL to OriginTrail TRAC Exchange

Crypto Pair Details: TRTL to TRAC

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!

OriginTrail TRAC

OriginTrail provides a helpful protocol solution to the problem of maintaining trust among all players involved in bringing a product to market by making the “chain” in “supply chain” more literal. Using blockchain technology, OriginTrail can append immutable data to products as they take each step along the supply route. Thus, each participant not only verifies that their conditions are being met but that at every previous stage, the right conditions were also met by everyone else. This is achieved by making an application layer that allows data to be collected in the real world, and then stored on the blockchain. OriginTrail started out by testing their tracking with organic beef products in 2014, and they are still mostly involved in the tracking of food products in general. It wasn’t until 2016 that they introduced a blockchain into their system. In January 2018, they raised US$22.5 million in their ICO. Since their ICO they’ve successfully launched their testnet, implemented privacy features, and achieved compliance with the GS1 standards that are integral to their business model. Their roadmap is robust and full of details, citing certifications with international bodies, alliances with companies, and entering new markets. Their mainnet is scheduled for launch in Q3 2018, and thereafter they appear to be on track to having all their services fully operational by 2020. OriginTrail is not the first or only company to recognize that supply chains could benefit a great deal from blockchain technology. Ambrosus is also going for the same market, though they seem to be focused on food and pharmaceuticals specifically. It should be noted that most supply chains have their own specific quirks, and so specialization might be be a good option. Another potential competitor of OriginTrail is Waltonchain, a company based in China that puts heavy emphasis on RFID chip scanning as part of their business model. In other words, where OriginTrail wants to leverage existing systems for their infrastructure, Waltonchain wants to try and establish new standards and methods. OriginTrail’s token is called TRAC, and it’s an ERC-20 token, making it storable on any ERC-20 compatible wallet. The total supply is capped at 500 million tokens. The value in TRACE tokens comes from their utility on the OriginTrail network. Tokens are spent to store, retrieve, and send data about supply chains. Since TRACE can be bought and sold in a speculative market, that creates the potential for the price to go up, which would be counter to the needs of people on the network looking for stable prices for setting and getting data. However, prices for data saving and retrieval will be determined by auction, which should counter increasing token value for those using OriginTrail as a service. The Internet of Things is a topic that gets a lot of press, and the general consensus is that it will be standard practice in the future for almost everything in the world to be tracked and traced for a wide variety of purposes. OriginTrail is one company that is demonstrating a concrete plan for exactly how that will be manifest. There really isn’t much to criticize in terms of the overall intention of the project. OriginTrail has identified a weak point in the very important world of supply chain management, that of reliable transfer of information all the way up and down the chain, and aims to provide a workable and clearly understood solution.

SOURCE: COINGECKO

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