{"id":128553,"date":"2021-06-11T14:49:40","date_gmt":"2021-06-11T14:49:40","guid":{"rendered":"https:\/\/precoinnews.com\/?p=128553"},"modified":"2021-06-11T14:49:40","modified_gmt":"2021-06-11T14:49:40","slug":"crypto-analyst-explains-why-he-is-excited-about-these-5-micro-cap-atcoin-gems","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/crypto-analyst-explains-why-he-is-excited-about-these-5-micro-cap-atcoin-gems\/","title":{"rendered":"Crypto Analyst Explains Why He Is Excited About These 5 Micro Cap \u2018Atcoin Gems\u2019"},"content":{"rendered":"

Recently, crypto analyst\u00a0Aaron Arnold, Co-Founder and host of the \u201cAltcoin Daily\u201d YouTube channel, looked at five cryptoassets that have \u201cmoon potential\u201d this month.<\/p>\n

Mina Protocol ($MINA)<\/strong><\/p>\n

The team behind\u00a0Mina Protocol\u00a0says that it is \u201ca layer one protocol designed to deliver on the original promise of blockchain \u2014 true decentralization, scale and security.\u201d Mina tries to achieve this \u201ctrue decentralization\u201d by \u201creplacing the blockchain with an easily verifiable, consistent-sized cryptographic proof.\u201d<\/p>\n

Here are some more details:<\/p>\n

\u201cMina dramatically reduces the amount of data each user needs to download. Instead of verifying the entire chain from the beginning of time, participants fully verify the network and transactions using recursive zero knowledge proofs (or zk-SNARKs). Nodes can then store the small proof, as opposed to the entire chain. And because it\u2019s a consistent size, Mina stays accessible \u2014 even as it scales to many users and accumulates years of transaction data.<\/em>\u201c<\/p>\n

Arnold says:<\/p>\n

\u201cTheir blockchain will stay 22 kilobytes forever\u2026 More than that, every user acts as a full node so decentralization and permissionlessness is important to them.<\/em>\u201c<\/p>\n

TronPad ($TRONPAD)<\/strong><\/p>\n

The TronPad team says that they have \u201cthe only IDO platform built on and partnered with the Tron Network.\u201d Below, they explain what is special about their platform:<\/p>\n

\u201cOne of the fundamental flaws of existing launchpads is acquiring enough tokens to participate in the ecosystem can be prohibitive. This can be based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. TronPad addresses this issue and is designed for fair decentralized launches.<\/em><\/p>\n

\u201cThe hallmark of TronPad is a two-round system, consisting of an open public lottery with no requirement for holding tokens, a participation lottery for lower levels and guaranteed allocation for higher levels. Any of the allocation that is not bought in time is then offered on a \u2018first come first served\u2019 basis.<\/em>\u201c<\/p>\n

Olympus ($OHM)<\/strong><\/p>\n

Olympus is \u201ca decentralized reserve currency protocol\u201d that \u201cutilizes Treasury Reserves to enable long-term price consistency and scarcity within an infinite supply system.\u201d<\/p>\n

Olympus is:<\/p>\n