Popular Crypto Trader Explores Three Obscure Altcoins With ‘Life-Changing Potential’
Crypto experts Ben Armstrong and Crypto Rich are discussing three little-known altcoin projects with the potential to change the crypto industry.
In a new video, Ben Armstrong, who is known in the industry as BitBoy Crypto, invites analyst Crypto Rich on the channel to spotlight three privacy-centric blockchain projects.
The first project Crypto Rich shares with Armstrong’s 610,000 subscribers is Ether-1 (ETHO).
“Ether-1 allows people to earn passive income by hosting bandwidth and nodes… It allows for decentralized web posting. So people can host their websites on the Ether-1 network and earn passive income doing so as well as provide bandwidth to the network by running nodes…
The thing that I like about it is its commitment to freedom of expression. You can’t take websites down that have been hosted on Ether-1.”
Armstrong notes that decentralized web hosting is bound to be an enormously popular sector as individuals seek out an uncensored web experience. Currently Ether-1 is sitting at just a $2.7 million market cap.
Number two on Crypto Rich’s list is decentralized virtual private network (dVPN) project Sentinel (SENT).
“Sentinel.Co – they have a decentralized VPN so most VPNs, like the big names, they’re centralized. They have their services in particular locations, so they could either be captured either regulatory captured or physical captured by intelligence services. Plus, they’re closed source so we don’t know what’s going on… because [Sentinel is] decentralized there’s no single point of failure.”
Crypto Rich adds that Sentinel is currently free to use and that its mainnet is launching on Cosmos (ATOM) in the near future. As of writing, Sentinel’s market cap is around $37 million, according to CoinGecko.
The number one privacy project on Crypto Rich’s radar is PirateChain (ARRR).
“PirateChain is a currency, a unit of exchange in the same way as Bitcoin is or Monero (XMR) is. However, it is the most secure and the most private of all the privacy coins. More private than Monero…
[There’s] no option for transparency. Every single peer-to-peer transaction is invisible… Once [a transaction] goes to your wallet, nobody knows how much is in your wallet, whether you sent any out, to where to who you send me ARRR coins nobody else will know. There’s no data on the blockchain to analyze, nothing.”
Crypto Rich notes that the head developer at Monero has given the nod to PirateChain, which currently holds a $61 million market cap.
Featured Image: Shutterstock/Tithi Luadthong
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