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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 major features upgrade in the October 2018 Sapling launch. Coinbase is also considering listing Zcash, which is a massive boost for any cryptocurrency.
Qtum is a smart contracts platform very similar to Ethereum, only with a stronger focus on value transfers and decentralized programs. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to construct intelligent contracts on the stage or merely focus on cryptocurrency transactions.
Qtum launched in March 2017, and hurried right to the top. The initial offering offered over $10 million in tokens after only 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 introduced its mainnet in September 2017, opening the doors into a fully 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 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 goods in the entire Ethereum ecosystem. It's a permissionless, open-source protocol which eases 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 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 filled with scams and vaporware, 0xs valuable 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 consumer 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 includes a hard fork to get 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 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 efficacy of additional scalability solutions such as the Lightning Network for decades, 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 quickly. That means that its equipped to handle not only the scalability problem today, but other big issues that may arise down the line.
When you have bad 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 leader in electronic payments for quite a long time find to come. .
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BitShares intends to improve global access to financial services through blockchain. The tagline assist the unbanked outlines the job nicely. In practice, this translates to BitShares operating as a decentralized exchange, one which was built 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 have a lead development role in both EOS and Steem.
The current condition of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and much 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 about it like Reddit, only instead of merely upvoting or downvoting articles, users can actually reward creators for their effort.
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Steem is a functional cryptocurrency used exclusively 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 assert it isnt a working item. Some people may even be earning money using Steemit. .