siliconindia | | October 20219THE BLOCKCHAIN'S DESIGN FACILITATES THE LAUNCH OF TOKENS AND THE ESTABLISHMENT OF CRYPTO EXCHANGES, AS A SIGNIFICANT ADVANTAGE5. EOS: It is one of the most useful blockchains available and provides the ideal environment for constructing Distributed Applications (Dapps). The unique structure of EOS's blockchain enables it to remove transaction fees with the value of the Dapp market, which is expected to grow greatly in 2021 and also the utility of EOS is expected to improve significantly this year.6. Uniswap (UNI): Uniswap is a decentralized Ethereum application that allows users with liquidity pools to trade Ethereum tokens. Uniswap offers two key services that are the provision and use of liquidity. Uniswap was launched in 2018 under DeFi, and the UNI coin was introduced in 2020. Despite its young people on the market, UNI money is already one of the most important coins in DeFi because Uniswap was placed lately as the first decentralized exchange to allow trade in margins and leverages. Market observers believe that this pricing is below the expected development potential of the exchange.7. Polygon: It is an Ethereum-compatible blockchain that serves as a foundation for developing a network of interconnected blockchains. It makes use of an innovative sidechain to circumvent the issues plaguing Ethereum. The Polygon project intends to address the interoperability, scaling issues associated with blockchains and alleviate the limits related to other similar initiatives like Cosmos & Polkadot.8. Chainlink: LINK's market value recently exceeded $20 billion. Ethereum smart contracts will now respond to changes in other asset prices, global events, and API queries.
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