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Zcash has grown in leaps and bounds in 2018. The dev team published a roadmap through the year 2020, which includes a significant features update in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a huge 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 smart contracts on the stage or merely 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 only 90 minutes. The project differentiated itself by providing a rare Proof-of-Stake smart 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 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 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 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 will 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 best 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 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, as well as 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 own solution to Bitcoins biggest difficulty. No, web link not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of additional scalability solutions like the Lightning Network for decades, even though the problem of scalability really only became discussed in the mainstream in 2017.
Using 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 outfitted to handle not only the scalability problem today, but other big problems that may arise down the line.
When you have poor governance, it's an arduous process making any updates to a job, no matter how necessary they may appear to the majority of coin holders. Decreds best-in-class and improving governance model provide it an intriguing case to be a pioneer 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 outlines useful source 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 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 condition of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and more, all available by means of a decentralized system powered by assigned PoS consensus.
Steem is the cryptocurrency that forces Steemit, a decentralized social media platform that incentivizes user participation via micropayments. Think of it like Reddit, only instead of merely upvoting or downvoting posts, 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 live and boasts only a couple hundred thousand users, its hard to assert it isnt a working product. Some people may even be earning money using Steemit. .