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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 major attributes update in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a huge increase for any cryptocurrency.
Qtum is a smart contracts platform very similar to Ethereum, only with a stronger focus on significance transfers and decentralized apps. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to build smart contracts on the stage or merely focus on cryptocurrency transactions.
Qtum launched in March 2017, and dashed straight to the top. The initial offering sold over $10 million in tokens after just 90 minutes. The job differentiated itself by providing a rare Proof-of-Stake intelligent contracts platform designed to compensate for a number of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum released its mainnet in September 2017, opening the doors into a completely functional intelligent 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 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 goods in the entire Ethereum ecosystem. It's a permissionless, open-source protocol which facilitates trustless exchanges of Ethereum tokens through relayers and dapps that build on the top of the 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 will be possible to exchange tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market filled with scams and vaporware, 0xs valuable contributions into 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 hard fork to get 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 product is its own solution to Bitcoins largest difficulty. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of additional scalability solutions like the Lightning Network for years, even though the problem of scalability really only became discussed in the mainstream in 2017.
With its community-based governance design and strong adherence to the core ethos of both decentralization, Decred has been constructed to evolve and improve rapidly. That means that its equipped to handle not only the scalability problem today, but other large issues that may arise down the line.
When you have poor governance, it is an arduous process making any updates to a job, no matter how necessary they might seem to the majority of coin holders. Decreds best-in-class and still improving governance version provide it an intriguing case to be a pioneer in electronic payments read more for a long time to come. .
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BitShares aims to improve worldwide access to financial services via blockchain. The tagline assist the unbanked summarizes the job nicely. In practice, this translates into BitShares operating as a decentralized exchange, one which was constructed in the ground-up to prevent 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 advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued assets, and more, all available through a decentralized system driven by assigned PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social networking platform that incentivizes user participation via 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 only on the Steemit platform. This gives it something of a restricted use, but seeing as Steemit is now live and boasts only a couple hundred thousand users, it's difficult to assert it isnt a working item. Some may even be earning money using Steemit. .