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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 significant attributes update in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a huge increase 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 build smart contracts on the platform or just concentrate on cryptocurrency transactions.
Qtum launched in March 2017, and dashed right to the top. The initial offering sold 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 introduced its mainnet in September 2017, opening the doors to a completely 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, 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 that facilitates 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 routine functionality significantly since that initial launch. In 0x protocol 2.0 and beyond, it will be possible to trade 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 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 a long time now, with contributions to the project beginning in 2012. But that hasnt stopped the jobs developers from continuously improving this product.
The recently upgraded Bytecoin roadmap includes a hard fork to get a consensus upgrade scheduled for August 31, in addition to numerous initiatives for community growth constantly 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 largest problem. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of additional scalability solutions such as the Lightning Network for decades, even though the issue of scalability actually only became discussed in the mainstream in 2017.
Using its community-based governance model and strong adherence to the core this website ethos of decentralization, Decred has been constructed to evolve and improve quickly. That means that its equipped to handle not only the scalability problem now, but other big issues that might arise down the line.
When you have poor governance, it is an arduous procedure making any upgrades to a project, no matter image source how necessary they may appear to the vast majority of coin holders. Decreds best-in-class and still improving governance model give it an intriguing case to be a leader in digital payments for a long time to come. .
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BitShares aims to improve global access to financial services via blockchain. The tagline help the unbanked summarizes the job nicely. In practice, this translates into BitShares operating as a decentralized exchange, one that was built in the ground-up to avoid 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 state of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued assets, and much more, all accessible through a decentralized system powered by assigned PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social media platform which incentivizes user participation through micropayments. Think about it like Reddit, only instead of just upvoting or downvoting articles, users can really 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 restricted use, but seeing as Steemit is live and view it now boasts only a few hundred thousand users, its hard to argue it isnt a working item. Some people may even be earning money using Steemit. .