When it comes to top crypto of this year you cannot just ignore these 5 projects which did innovate this year.
Established or community exited from former blockchain Steem (now centralized database controlled by single entity) and formed Hive fully decentralized, governed and controlled by the people. Drama of the year 2020 and unique innovation of Hive gets it into top5 crypto of 2020!
Chainlink tackling unique niche and oracle, got quite large number of supporters this year. Partnerships and providing unique niche always gives you advantage and laser focus to innovate and do one thing best in this fast moving space.
Being number two crypto currency in space doesn’t come easily. Ethereum year after year finding new niche and possibilities, increased interest across the industries, establish strong development culture and attracting talents. With Eth 2.0 in horizon, I think it is placed in good spot and expected growth unlike any other projects. Year 2020 will be the year for Eth and we couldn’t ignore innovation done by Ethereum community and include it into top5 crypto projects of 2020.
Decentralized exchanges were hot topic of 2016-2017 but they never took of due to user experience and limitations they had on liquidity, not well aligned incentives. But Uniswap proved otherwise but balancing and gamifiying, incentivizing liquidity in total trust less manner. Uniswap is for sure one of the top innovator and top mover of cryptocurrencies in 2020. Decentralized exchanges are the future and Uniswap is forefront of this niche.
Long anticipated launch of Polkadot opened new possibilities for cross chain atomic operations. Although Cosmos is pioneering this space on that front, I believe Polkadot’s approach will open door for more healthy competition and innovation in that area. Polkadot gets into our Top5 blockchain projects in 2020.
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