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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 features update in the October 2018 Sapling release. Coinbase can be considering listing Zcash, which is a massive boost for any cryptocurrency.
Qtum is a wise contracts platform very 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 construct intelligent contracts on the stage or just 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 some of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum released its mainnet in September 2017, opening the doors to 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 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 which eases 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 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 marketplace full of scams and vaporware, 0xs favorable contributions into 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 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 jobs developers from continuously improving the product.
The recently upgraded Bytecoin roadmap has a tricky fork for a consensus update scheduled for August 31, in addition to numerous initiatives for community expansion constantly in the works.
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Founded in 2015 by former Bitcoin developers, Decreds most important working product is its solution to Bitcoins largest problem. 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 issue 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 constructed to evolve and improve rapidly. That means that its equipped to handle not only the scalability problem now, but other large issues that may arise down the line.
When you have poor 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 still improving governance model provide it an intriguing case to be a leader in digital 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 help the unbanked outlines the project address nicely. In practice, this translates into BitShares operating as a decentralized exchange, one which was built from the ground-up to avoid scalability issues and keep 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 condition of the project offers decentralized asset exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued assets, and more, all accessible by means of a decentralized system powered by assigned PoS consensus.
Steem is your 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 articles, users can actually 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 couple hundred thousand users, its hard to argue it isnt a working item. Some may even be earning money using Steemit. .