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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 attributes upgrade in the October 2018 Sapling launch. Coinbase is also considering listing Zcash, which is a huge boost for any cryptocurrency.
Qtum is a smart contracts platform 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 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 offered over $10 million in tokens after just 90 minutes. The job 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 introduced its mainnet in September 2017, opening the doors into a completely 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 create 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 which eases trustless exchanges of Ethereum tokens through relayers and dapps that build on 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 will be possible to exchange 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 using a strong community and user base. Transactions on the Bytecoin blockchain are instantaneous, untraceable, our website 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 jobs developers from continuously improving the merchandise.
The recently updated Bytecoin roadmap includes a hard fork to get a consensus update 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 biggest difficulty. No, not scalability blockchain governance.
You see, early Bitcoiners have been debating block size limitations and the effectiveness of other scalability solutions such as the Lightning Network for decades, even though the problem 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 rapidly. That means that its outfitted to handle not only the scalability problem today, but other large issues that might arise down the line.
When you have bad governance, it is an arduous process making any updates to a project, no matter how necessary they might appear to the majority of coin holders. Decreds best-in-class and improving governance version give it an intriguing instance 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 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 constructed from the ground-up to avoid scalability difficulties 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 state of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued assets, and more, all accessible through a decentralized system driven by assigned PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social networking platform which incentivizes user participation through micropayments. Think of it like Reddit, only instead of merely upvoting or informative post 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. This gives it something of a limited use, but seeing as how Steemit is now live and boasts only a few hundred thousand users, its hard to assert it isnt a working product. Some people may even be earning money using Steemit. .