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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 significant attributes upgrade in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a massive increase 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 stage or merely focus 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 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 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 create 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'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 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 exchange tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market full of scams and vaporware, 0xs favorable contributions to the Ethereum ecosystem have made it one of see this their greatest 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 a long time now, with contributions to the project beginning in 2012. But that hasnt stopped the projects developers from continuously improving this product.
The recently upgraded Bytecoin roadmap has a tricky fork to get a consensus update scheduled for August 31, in addition to numerous initiatives for community growth constantly basics 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 other scalability solutions such as the Lightning Network for decades, even though the problem of scalability actually only became discussed in the mainstream in 2017.
Using its community-based governance design and strong adherence to the core ethos of decentralization, Decred is constructed to evolve and improve rapidly. That means that the equipped to handle not only the scalability problem today, but other large problems that may arise down the line.
When you have bad governance, it is an arduous procedure making any updates to a project, no matter how necessary they might appear to the majority of coin holders. Decreds best-in-class and improving governance model provide it an intriguing instance to be a pioneer in electronic payments for quite a long time to come. .
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BitShares aims to improve worldwide access to financial services through blockchain. The tagline assist the unbanked summarizes the job nicely. In practice, this translates into BitShares operating as a decentralized exchange, one which was built from the ground-up to avoid scalability difficulties and keep transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who would then go on to take a lead development role in both EOS and Steem.
The current condition of the project offers decentralized asset exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and more, all available through a decentralized system driven by delegated PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social media platform that incentivizes user participation via micropayments. Think about it like Reddit, only instead of just upvoting or downvoting articles, users can really reward creators for their effort.
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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 Steemit is now live and boasts a few hundred thousand users, it's difficult to assert it isnt a working item. Some people may even be earning money using Steemit. .