January will mark 12 years since the Bitcoin genesis block. In that time, blockchain technology has made many significant strides forward. The launch of Ethereum in 2015 introduced smart contracts and token minting. Subsequent years saw developments in areas, such as transaction privacy with the launch of Zcash (ZEC), platforms such as EOS and Tezos attempting to compete with Ethereum on scalability, and dozens of use cases being explored.
In particular, 2018 and 2019 were difficult years. Following Bitcoin’s fall from its all-time high in December 2017, it’s fair to say that the general appetite for blockchain and cryptocurrencies waned significantly during the long crypto winter. However, there was still plenty of innovation happening, which has started to become evident and pay off in 2020.
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