Recently, crypto analyst and influencer Tyler Swope named what he believes are the three altcoins with the “biggest potential”.
In a YouTube video (titled: “TOP (3) ALTCOINs w/ the BIGGEST Potential in May!!”) released on May 3, the host of the “Chico Crypto” YouTube channel, talked about the following three projects, which are all built on Ethereum: Truebit Protocol ($TRU), Habitat ($HBT), and BProtocol ($BPRO).
Truebit is “a blockchain enhancement which enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs.”
Swope says that Vitalik Buterin wrote a blog post about Truebit on May 1.
He went on to say:
“Truebit is something that helps Plasma work, and it is looking to be be a critical piece of rollups too, especially the optimistic flavor.“
Here is what they said about $HBT:
“Habitat launched their own token $HBT to involve and bootstrap a broader community and slowly start the initial development of the infrastructure. The token shall be used to govern the parameters of the rollup and decide about additional feature-sets for the application-specific optimistic rollup. The plan is to add value by solving coordination issues in the Ethereum Community, which is involved from the very beginning.“
B.Protocol “makes lending platforms more secure by eliminating the gas wars and shifting the miners’ profit to the users.”
According to the team, here is a high-level description of how B.Protocol works:
- “The user interacts with existing lending platforms via B.Protocol smart contract.“
- “Liquidity providers (LP) provide a cushion to user debt, which gives B.Protocol precedence over other liquidators.“
- “LPs share their profits with the users, where user reward is proportional to his user rating.“
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