As the end of 2020 approaches, it’s vital to take a moment and recognize some of the most innovative coins in the market. These coins pushed the envelope of what is possible and demonstrated to the world that blockchain technology can evolve to serve nearly any market or purpose. The competition was steep, but through hard work and a determination to succeed, these projects lifted the entire crypto market to new heights and shined above the competition.
Apollo makes the top of this list for a variety of reasons. For one, it’s the only Quantum proof blockchain in existence. Quantum computers continue to get more affordable and more popular among high-level researchers. In the next decade, these supercomputers could see prices drop to the point that they become common. If that occurs, Quantum computers could pose a serious threat to blockchain networks because they would possess the computational power to overpower the hash rate of the network.
Additionally, Apollo features an easy-to-navigate and program backend. Developers are able to conduct all of their construction within the system and with minimal effort. This strategy helped Apollo drive more activity to its development sector. Currently, there are a myriad of Dapps under development. These applications span the gamut of use cases from commercial to government protocols.
Apollo is a full-spectrum cryptocurrency that enables users to conduct ICOs, Atomic Swaps, digital identification verification, and much more. Importantly, anyone can create a token and launch their project on the Apollo ecosystem. In this way, Apollo serves as an underlying technology within the market.
Easy to Use
Apollo takes all of the technical requirements out of the programming process. The interface makes it easy to set up and launch a token. You can find Apollo on the BitMart exchange. The exchange offers BTC and ETH trading pairs.
GSX is another token that has a forward-looking stance and introduced many firsts to the market. For example, GSX is the world’s only Quantum resistant stablecoin. GSX is pinned to a profitable gold mining operation. Unlike some gold-pegged currencies, GSX holders are the true owners of the entire mining operations. This includes all equipment, lands, and gold.
Notably, GSX resides on the Apollo blockchain. The decision to launch the project on Apollo was intelligent. It provided GSX with access to all of the fourth-generation blockchain features that make it so great. These features include more security, a better UX, and more usability.
Stablecoins are one of the fastest-growing sectors within the crypto community. These coins provide users with the advantages of blockchain currencies such as Bitcoin, but without the risk exposure and volatility. Today there are stablecoins pegged to nearly every asset including gold, oil, fiat currency, and even fine art.
Currently, GSX is available at GSXCDE.com. The firm is undergoing its pre-sale currently. Consequently, investors that purchase now receive a substantial discount of up to 50% on their buys. Following the presale, the firm will host an ICO in which analysts predict GSX prices to rise sharply.
LINK is the native cryptocurrency for the Chainlink platform. Chainlink seeks to alleviate the shortcomings of oracles in the blockchain sector. Oracles are a relatively new concept to the blockchain space. Basically, an oracle is an off-chain sensor that has the ability to trigger a smart contract.
Oracles can be set to monitor anything. Developers have already created oracles to monitor weather, stock prices, and even sports bets. The possibilities are endless with oracles but they do have an Achilles’ heel, centralization. Basically, there is no way for a blockchain to confirm that the oracle is functioning correctly and providing reliable data.
Chainlink seeks to solve this issue through the creation of a decentralized oracle blockchain. This system allows networks to confirm the validity of oracle data before it gets entered into the blockchain. The platform is able to monitor oracles and compares their data to other sensors within the Chainlink ecosystem. Oracles that provide faulty data are removed.
ADA is the cryptocurrency in use within the Cardona ecosystem. Cardona features robust functionality and fast transaction speeds. The platform includes many of the features of other Dapp development systems such as Ethereum. However, there are some major upgrades.
For example, ADA relies on a new and improved Delegated-Proof-of-Stake algorithm known as Ouroboros. This next-gen consensus mechanism utilizes randomly selected leaders to provide near-instant transaction validation. Consequently, ADA is incredibly scalable.
ADA has a large following in the blockchain sector. Its community is composed of academic and technical experts that together help to keep this platform at the forefront of the market. Today, Cardona is one of the top 20 cryptocurrencies in the world. As such, you can get ADA at Binance.
Bitcoin may be the oldest cryptocurrency in the world, but that doesn’t mean that it’s still not a solid investment. Bitcoin continues to see functionality upgrades. Currently, the Lightning Network expands Bitcoin’s functionality greatly.
This month saw the Lightning Network lift channel capacity and transaction restrictions for the first time. This maneuver signaled to the community that this revolutionary protocol is closer than ever to a public release date. The public release of the Lightning Network will boost Bitcoin’s market value considerably.
For one, Bitcoin will gain unmatched scalability via this off-chain protocol. Additionally, developers can now easily program smart contracts and integrate other technologies such as oracles within the Bitcoin ecosystem.
Five Coins that Will Change the Game in 2020
Making a name for a project in the crypto space isn’t easy. It takes a lot of hard work and technical prowess. Luckily, all of the coins in this list went above and beyond the market minimum to deliver a truly unique experience. Consequently, any of these projects are sure to see growth over the coming months as the crypto markets undergo further adoption by the general public.