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Zcash has grown in leaps and bounds in 2018. The dev team released a roadmap through the year 2020, which includes a significant features upgrade in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a massive increase for any cryptocurrency.
Qtum is a wise 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 intelligent 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 a number of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum introduced its mainnet in September 2017, opening the doors into a completely functional intelligent contract and dapps platform. Several jobs 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 data transmission, memory, 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 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 greatest performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency using 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 quite a long time now, with contributions to the project beginning in 2012. However, that hasnt stopped the projects developers from continuously improving the merchandise.
The recently updated Bytecoin roadmap has a hard fork for a consensus update scheduled for August 31, as well as numerous initiatives for community expansion constantly in the works.
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Founded in 2015 by former Bitcoin programmers, Decreds most important working product is its solution to Bitcoins biggest problem. 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 problem of scalability actually 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 is constructed to click to find out more evolve and improve rapidly. That means that its outfitted to handle not only the scalability problem now, but other big problems that might arise down the line.
When you have poor governance, it is an arduous procedure making any upgrades to a job, no matter how necessary they may seem to the majority of coin holders. Decreds best-in-class and still improving governance version give it an intriguing instance to be a pioneer in electronic payments for quite a long time to come. .
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BitShares intends to improve worldwide access to financial services through blockchain. The tagline assist the unbanked summarizes the job nicely. In practice, this translates to BitShares operating as a decentralized exchange, one which was built from the ground-up to prevent scalability issues and maintain transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who would 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 resources, and more, all accessible by means of a decentralized system driven by delegated PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social media platform that incentivizes user participation through micropayments. Think of it like Reddit, only instead of just upvoting or downvoting posts, users can really reward creators for their attempt.
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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 now live and boasts only a few hundred thousand users, it's difficult to assert it isnt a working item. Some may even be earning money using Steemit. .