• Coin Bureau’s Guy Turner revealed his top three altcoin picks for the future.
• Algorand, Thorchain and Lido Finance are the projects that Turner believes have the potential to explode in 2023 and beyond.
• Ethereum vs. Bitcoin debate is also discussed with the conclusion that there doesn’t need to be competition between them.
Algorand – A Large Cap Project With a Bright Future
Algorand is a large-cap project that has been making significant developments over the last few years. It has recently upgraded its State Proofs which increased scalability on the network significantly. The team behind Algorand includes Silvio McCauley and others from MIT, with close connections to powerful people in US. Algorand’s goal is to provide solutions for countries with hyperinflation by solving blockchain trilemma of security, scalability, and decentralization.
Thorchain – A Project That Ties Into Interoperability
Thorchain allows for exchange across different chains, tying into interoperability concept which is becoming increasingly important in crypto space. This project could potentially take advantage of this trend and make an impact in the near future.
Lido Finance – Liquid Staking Could Be The Future
Lido Finance offers liquid staking technology which could revolutionize staking industry especially as SEC continues to crack down on regular staking methods. Liquid staking could become a game-changer and projects like Lido Finance are at forefront of this development.
Ethereum vs Bitcoin – Does It Really Matter?
Turner also discussed ongoing debate about whether Ethereum will take over Bitcoin or not but concluded that two projects do different things therefore there should not be any competition between them as they serve different purposes within crypto space.