Nine blockchains to watch in 2020

Nine blockchains to watch in 2020

By Aleenajoe | Cryptosign | 15 Feb 2020


The other day, the 2019 Dapp Market Report was released. The 54-page report features a variety of figures, market analysis, and key events related to last year's Dapp. What is the future of the 2020 blockchain app? Which blockchain should I focus on?

Here is a summary of the nine blockchains to be checked in 2020 and their outlines.

Ethereum

Ethereum, the first smart contract platform, creates the latest and most advanced apps in the industry. From the ICO boom of 2017 to the NFT of 2018 and the trend of DeFi apps in 2019, we have been at the forefront of blockchain and Dapps. Most blockchain-related innovation comes from the Ethereum ecosystem. Although Ethereum prices have fallen since 2017, the launch of Ethereum 2.0 is expected to reduce gas bills, reduce network congestion and achieve high performance, and will be the most notable in the blockchain industry .

EOS

2019 was a year of significant losses for the EOS ecosystem. Promising projects such as EOSBet, EOS Knights, and Prospectors have moved to other blockchains. Most network data, including new Dapps numbers, users and volumes are below TRON (launching the project around the same time as EOS). In addition, due to the congestion of the EOS network, the price of CPU has increased 100 times after EIDOS has started. EIDOS prices have fallen, but still account for 85% of EOS transactions. In the fourth quarter of 2019, EOS daily active users were down 80% from the third quarter to 1,500. In 2020 , EOS will be back again, with Voice changing the way it has been.

TRON

TRON has become the most active blockchain in 2019. 900 million tethers, which account for about 20% of tethered value, have been issued on TRON and have made significant progress in partnerships with Samsung and Opera.Poloniex and DLive , the world's largest distributed live streaming platforms We also make investments and acquisitions.TRON has grown through repeated investments and acquisitions like a large company. Is this sustainable in 2020 and beyond? TRON continues to attract attention.

Wax

Through its partnership, Wax has been involved in a number of EOS projects, including Prospectors with the most active users, EOSBet, the largest gambling platform, and Karma, a mobile social app. Is the most active block chain game on Steem Splinterlands also has moved to Wax with the world's largest NFT market. Cloud Wallet / WCW, which simplified the registration process, has registered over 400,000 mainnet accounts in one month since launch. Opskins , the world's largest game asset exchange platform, has also begun switching to Wax. Will Wax be the largest blockchain in the gaming industry in 2020?

Terra

In 2019, the best known model in the blockchain industry was in the form of "public chain + stable coin". Yes, Facebook Libra and the People's Bank of China's central bank digital currency. But don't forget Terra, the global blockchain payment network that was already at the forefront. Statistics show that CHAI , a mobile payment platform based on Terra , has over 500,000 on-chain users and records over $ 1 million in payments daily. Terra has announced that it will organize business arrangements throughout Asia and increase financial services. Will Terra step out of the highly competitive stablecoin industry in 2020?

Cosmos

Unlike many of the above blockchain platforms, Tendermint, the core of Cosmos, allows you to build custom blockchains instead of Dapps. Cosmos has already built a number of strong ecosystems, including Binance Chain , Lino (a distributed content sharing platform that has recorded over 410,000 on-chain users for DLive in the past three months), and Terra (a blockchain payment network) These projects demonstrate the scalability and usefulness of the Cosmos blockchain. Let's hope Cosmos' vision of "blockchain internet" will be realized.

Blockstack

As a decentralized computing network, Blockstack helps users manage their data and identities. Last year, Blockstack has grown tremendously. The first United States Securities and Exchange Commission-sanctioned token sale and raised $ 20 million in Regulation A +. By the end of 2019, the number of Dapps had increased to 300, reaching 1 million users. Blockstack brings not only freedom and privacy in the digital realm, but also the usefulness of the Dapp ecosystem to our lives. Is 2020 the year Stacks 2.0 and IPO will launch for Blockstack ? It is a must see.

Link

Line, the social media male, has become the largest social app in the 20th century with 194 million users (164 million monthly active users). Link Network is a blockchain platform developed by the Line. Line has already obtained a virtual currency exchange license in Japan, and users can purchase virtual currencies including Link directly from the Bitbox exchange. Look out for the many blockchain apps that will be coming this year as a result of combining these regulations with 200 million users.

Klaytn

Klaytn is a blockchain project developed by Kakao, a social app popular in South Korea, which provides blockchain use to 50 million people. Despite the vague regulations, Korea, the top five crypto exchange market, has high expectations for Klaytn. However, despite the support from the Kakao Group, there is also pressure from regulators. Many apps are already being developed on Klaytn. Will these apps see the distribution and usefulness of Klay (Klaytn's tokens) in 2020 ?

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