Bitcoin Magazine compiled this list to highlight the 21 companies and projects that we think have done the most for Bitcoin in 2020. We admit that this grouping is far from perfect, but our team has done its best to objectively identify the companies and projects that have had the biggest impact on the BTC ecosystem this year. Obviously, this was a very difficult process and we decided to drop some projects that have had a huge impact on Bitcoin in the past, but whose influence has not increased this year in particular to hit the discount.
2020 may have been collectively an incredibly difficult year for people on planet Earth, but it was also a historically productive year in the Bitcoin ecosystem. As the world continues to experience turmoil and tribulation, it is clear that humanity will increasingly turn to the Bitcoin network. For that reason in particular, we’re honored to highlight these 21 incredible projects and companies for the tremendous impact they’ve made on the Bitcoin community this year – plus we’ve rounded up the list with nine honorable mentions. The following are listed alphabetically along with some basic information about what they bring to the world of Bitcoin and why we wanted to flag them.
Bitcoin Magazine couldn’t be more excited about Bitcoin’s forward march and we are delighted to be a part of such a vibrant community!
This year, Bisq delivered the most censorship-resistant on-ramp and off-ramp for Bitcoin. Designed as a last resort, Bisq has made massive strides in 2020, including adding SegWit support.
Blue Wallet shipped like crazy in 2020 and served as the most complete iOS bitcoin wallet on the market. It was also one of the most advanced mobile wallets in Bitcoin.
BTCPay’s status as an open-source payment processor for sovereign businesses and individuals was needed more than ever in 2020, when deplatforming and financial censorship became commonplace.
Coinkite was the first major hardware manufacturer to prove that a Bitcoin-only business model could be successful while increasing the security guarantees expected from a hardware wallet.
Category: Sats Back
Fold has revolutionized the use of sats as a universal reward point while preserving privacy and using a respectful business model that drives results for partners. Fold has consistently shipped great updates and features, culminating in a sats-back debit card that launched in 2020.
In 2020, Hodl Hodl maintained an ongoing focus on providing KYC-free and non-conservative options amid a landscape of increasing regulation and KYC requirements. This kind of consistency is badly needed in the Bitcoin space.
Human Rights Foundation
Human Rights Foundation (HRF) launched the first 501 (c) (3) Bitcoin development fund so that Bitcoiners and others can contribute to development in a tax-efficient manner and help build the ecosystem.
Lightning Labs spent 2020 developing open tools to help independent Lightning node operators manage their nodes more effectively, such as with Lightning pool.
Category: N / A
MicroStrategy caused a furore this year when it announced it had adopted a Bitcoin standard for its corporate treasury, converting more than $ 450 million into BTC at an average price of $ 11,111. Since then, it has made two more massive bitcoin purchases and announced its intentions to offer Bitcoin blockchain data products in the future.
This year myNode provided a user-friendly and accessible platform for Bitcoiners to deploy their own 24/7 dedicated Bitcoin node and use it with ease.
River is the only institutional-grade bitcoin exchange that has built an extraordinarily impressive, cutting-edge bitcoin financial services offering with native hardware wallet support, Lightning, and auto-dollar-cost averaging (DCA) features.
Samourai offers a complete, privacy-focused software stack for Bitcoiners, including a full-node implementation, mobile wallet, best-in-class ZeroLink coordinated CoinJoin implementation, coin check with tags, stealth addresses and P2P CoinJoin and PayJoin – a full range of offerings that proved crucial for Bitcoin in 2020.
Slush Pool is the most innovative public mining pool in the space and began advocating in 2020 for an improvement to the Stratum protocol that should significantly improve incentives between miners and pool operators.
Specter Desktop emerged as the easiest way to use your own bitcoin wallets directly with Bitcoin Core in 2020. This allowed for a much more personalized and sovereign method than using hosted apples, while also being much easier to set up and usable than previous Electrum based alternatives.
Category: P2P messages
The first consumer-centric Lightning chap app, with an added focus on giving podcasters the ability to broadcast their shows to the public while receiving sats per minute, offers an end-to-end encrypted and open standard, routed natively via Bitcoin’s Lightning Network.
Led by CEO Jack Dorsey, Square became the first legit fintech company to dive into the Bitcoin space. By 2020, bitcoin has become a major profitable factor for Square and has become a leader in both bitcoin sales and Bitcoin development. Square Crypto has become a major player in sponsoring Bitcoin development, with more than 19 exchanges to date.
With a user experience similar to the Venmo or Cash app, Strike is an incredibly easy to use P2P payment app built on top of Bitcoin and the Lightning Network. Users can easily send dollars and withdraw bitcoin with Strike and it helped demonstrate the progress Bitcoin has made as a payment technology this year.
Suredbits has emerged as the leaders in Discreet Log Contract (DLC) technology for Bitcoin in 2020. Throughout the year, the Suredbits team has pushed the boundaries of Bitcoin-based oracle and Lightning initiatives.
In 2020, Swan Bitcoin established itself as a new and powerful player in the Bitcoin disaster and education space. Swan is a true Bitcoiners on disaster that has remained true to Bitcoin’s best practices throughout the year. The talented team of builders and educators will continue to be a force committed to “Why bitcoin?” and further.
Category: Financial services
Unchained Capital is arguably the first Bitcoin native financial services company. In 2020, it built on its fantastic 2019 momentum by shipping business infrastructure and features, as well as completely rebuilding its systems to support Coldcard and standardizing partially signed bitcoin transaction (PSBT) multisig. His blog also emerged as one of the best educational resources available for Bitcoin.
ZK Snacks (Wasabi Wallet)
Wasabi Wallet has done an incredible job of making better Bitcoin privacy more accessible in 2020. This includes simple CoinJoin, coin selection and tagging, native Bitcoin Core integration, native Tor integration, and native hardware wallet support. Wasabi Wallet is also one of the best bitcoin desktop wallets out there. In 2020, the Wasabi team shipped a completely redesigned version of the wallet and CoinJoin architecture.
Category: Financial services