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Zcash has grown in leaps and bounds in 2018. The dev team released a roadmap throughout the year 2020, which includes a significant features upgrade in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a huge boost for any cryptocurrency.
Qtum is a smart contracts platform similar to Ethereum, only with a stronger focus on value transfers and decentralized apps. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to build smart contracts on the platform or just focus on cryptocurrency transactions.
Qtum launched in March 2017, and dashed straight to the top. The initial offering offered over $10 million in tokens after only 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 to 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 intends to make 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 products in the entire Ethereum ecosystem. It is a permissionless, open-source protocol that facilitates 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 more than a year now, but theyve been working to expand the routine 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 marketplace 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 user base. Transactions on the Bytecoin blockchain are instantaneous, untraceable, unlinkabe, and resistant to blockchain analysis.
Bytecoin has been around for a long time now, with contributions to the project beginning in 2012. But that hasnt stopped the projects developers from continuously improving the merchandise.
The recently updated Bytecoin roadmap has a tricky fork for a consensus update scheduled for August 31, in addition to numerous initiatives for community growth constantly in the works.
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Founded in 2015 by former Bitcoin developers, Decreds most important working merchandise is its own solution to Bitcoins largest difficulty. No, not scalability blockchain governance.
You see, early Bitcoiners have been debating block size limitations and the effectiveness of additional scalability solutions like the Lightning Network for decades, even though the issue of scalability really only became discussed in the mainstream in 2017.
Using its community-based governance model and strong adherence to the core ethos of decentralization, Decred has been built to evolve and improve quickly. That means that the equipped to handle not only the scalability problem now, but other big issues that might arise down the line.
When you have bad governance, it's an arduous process making any updates to a project, no matter how necessary they may appear to the vast majority of coin holders. Decreds best-in-class and improving governance model provide it an intriguing case to be a pioneer in digital payments for quite a long time to come. .
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BitShares aims to improve global access to financial services via blockchain. The tagline assist the unbanked outlines the project nicely. In practice, this translates into BitShares operating as a decentralized exchange, one that was constructed in the ground-up to prevent scalability issues and keep transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who would then go on to take a get redirected here 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 through a decentralized system driven by delegated PoS consensus.
Steem is your cryptocurrency that forces Steemit, a decentralized social networking platform that incentivizes user participation via micropayments. Think of it like Reddit, only instead of just upvoting or downvoting articles, users can actually reward creators for their attempt.
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Steem is a functional cryptocurrency used only on the Steemit platform. That gives it something of a restricted use, but seeing as how Steemit is now live and boasts a couple hundred thousand users, its hard to assert it isnt a working product. Some may even be earning money using Steemit. .