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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 features update 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 significance 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 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 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 jobs 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, 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 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 routine 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 marketplace filled with scams and vaporware, 0xs valuable contributions to the Ethereum ecosystem have made it one of their greatest performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency using 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. However, that hasnt stopped the projects developers from continuously improving the merchandise.
The recently updated Bytecoin roadmap has a hard fork for a consensus upgrade 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 merchandise is its own solution to Bitcoins biggest problem. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of other scalability solutions like the Lightning Network for years, even though the issue of scalability actually only became discussed in the mainstream in 2017.
With its community-based governance model and strong adherence to the core ethos of both decentralization, Decred is constructed to evolve and improve quickly. That means that its equipped to handle not only the scalability problem now, but other big problems that might 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 seem to the majority of coin holders. Decreds best-in-class and still improving governance version give it an intriguing instance to be a leader in digital payments for quite a long time to come. .
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BitShares aims to improve global 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 constructed in the ground-up to prevent scalability issues and keep transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who'd 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 accessible through a decentralized system driven by assigned PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social media platform which incentivizes user participation via published here micropayments. Think of it like Reddit, only instead of just upvoting or downvoting posts, users can actually 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 live and boasts only a few hundred thousand users, it's difficult to assert it isnt a working product. Some people may even be earning money using Steemit. .