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Zcash has grown in leaps and bounds in 2018. The dev team published a roadmap throughout the year 2020, which includes a major features upgrade in the October 2018 Sapling release. Coinbase can be considering listing Zcash, which is a huge increase for any cryptocurrency.
Qtum is a smart contracts platform similar to Ethereum, only with a stronger focus on value transfers and decentralized programs. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to build intelligent contracts on the platform or merely concentrate on cryptocurrency transactions.
Qtum launched in March 2017, and dashed right to the top. The initial offering offered over $10 million in tokens after just 90 minutes. The project differentiated itself by providing a rare Proof-of-Stake smart contracts platform designed to compensate for some of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum released its mainnet in September 2017, opening the doors into a fully functional smart contract and dapps platform. Several projects already have an established presence on the network. One of the more exciting ones is Space Chain, which aims to create an open-source satellite network anyone can use for information transmission, storage, and development. .
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0x Protocol has one of the most important working goods in the entire Ethereum ecosystem. It is a permissionless, open-source protocol that eases trustless exchanges of Ethereum tokens through relayers and dapps that build on the top of this protocol.
Not only has 0x been providing this functionality for over a year now, but theyve been working to expand the protocol functionality significantly since that initial launch. In 0x protocol 2.0 and beyond, it'll be possible to trade tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market filled with scams and vaporware, 0xs favorable contributions to the Ethereum ecosystem have made it one of the best performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency with a strong community and consumer base. Transactions on the Bytecoin blockchain are instantaneous, untraceable, unlinkabe, and resistant to blockchain analysis.
Bytecoin has been around for quite a long time now, with this hyperlink contributions to the project beginning in 2012. However, that hasnt stopped the projects developers from continuously improving this merchandise.
The recently updated Bytecoin roadmap has a tricky fork to get a more helpful hints consensus update scheduled for August 31, as well as numerous initiatives for community growth constantly in the works.
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Founded in 2015 by former Bitcoin programmers, Decreds most important working product is its own solution to Bitcoins biggest difficulty. No, not scalability blockchain governance.
You see, early Bitcoiners have been debating block size limitations and the effectiveness of additional scalability solutions such as the Lightning Network for decades, even though the problem of scalability really only became discussed in the mainstream in 2017.
Using its community-based governance design and strong adherence to the core ethos of decentralization, Decred has been built to evolve and improve quickly. That means that its equipped to handle not only the scalability problem today, but other big problems that may arise down the line.
When you have poor governance, it is an arduous procedure recommended you read making any upgrades to a project, no matter how necessary they might seem to the majority of coin holders. Decreds best-in-class and improving governance model give it an intriguing case to be a pioneer in digital payments for quite a long time to come. .
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BitShares intends to improve global access to financial services via blockchain. The tagline help the unbanked summarizes the job nicely. In practice, this translates to BitShares operating as a decentralized exchange, one that was built from the ground-up to avoid scalability difficulties and maintain transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who'd then go on to have a lead development role in both EOS and Steem.
The current state of the project offers decentralized asset exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued assets, and much more, all accessible by means of a decentralized system powered by assigned PoS consensus.
Steem is the cryptocurrency that forces Steemit, a decentralized social media platform that incentivizes user participation through micropayments. Think about it like Reddit, only instead of merely upvoting or downvoting posts, users can actually reward creators for their effort.
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Steem is a functional cryptocurrency used exclusively on the Steemit platform. That gives it something of a limited use, but seeing as Steemit is live and boasts a couple hundred thousand users, it's difficult to assert it isnt a working item. Some people may even be earning money using Steemit. .