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Author Topic: Top 5 Cryptocurrencies to invest in 2020 (Without External Links)  (Read 98 times)
DarshUX (OP)
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January 28, 2020, 08:07:23 PM
 #1

Zcash
    pros:
  • Leader in privacy using Zksnarks which is cutting edge tech and one of the smartest teams out there.
  • They're working on Recursive Zksnarks which would allow a constant size blockchain of a few Mb.. imagine running a node on your phone fully private!
    cons:
  • Has a rediculously high inflation rate which can hamper the price

Ethereum
    pros:
  • Everyone is talking about DeFi right now, but the price hasn't moved just like with the ICO craze.. price didn't move even though everyone was jumping into ICOs. Sometimes price can lag
  • Gaven Anderson is moving to working on Ethereum instead of Bitcoin which is huge
  • They're moving to Proof of Stake
    cons:
  • Blockchain size is reaching a limit and they need to move fast, other projects are also catching up

BAT
    pros:
  • Which other project already has a product (Brave Browser) already being used by millions of people?
  • Has global reach, not just Crypto Community
    cons:
  • At the end of the day it's just an ERC-20 token, which doesn't really need to exist

Beam
    pros:
  • Extremely undervalued project, next in privacy tech after zcash
  • Their team is amazing, has a working fully private mobile and desktop wallets
  • Better tech than Monero (words of fluffyPony himself, creator of Monero) and it's a tenth of the price ($1 billion vs $50 million marketcap)
    cons:
  • Also super high inflation rate which hampers price

Cosmos
    pros:
  • Will connect both Bitcoin and Ethereum and allow developing contracts to work on any blockchain
    cons:
  • Still new hasn't been battle tested, and I don't know the team too well
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