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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 launch. Coinbase is also considering listing Zcash, which is a huge increase for any cryptocurrency.
Qtum is a wise contracts platform similar to Ethereum, only with a stronger focus on significance 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 just 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 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 fully functional intelligent 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, 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 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 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 trade tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market full of scams and vaporware, 0xs valuable contributions into the Ethereum ecosystem have made it one published here of their best performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency with 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 the product.
The recently updated Bytecoin roadmap has a hard fork to get a consensus upgrade scheduled for August 31, as well as numerous initiatives for community growth constantly in the works.
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Founded in 2015 by former Bitcoin developers, Decreds most important working merchandise is its solution to Bitcoins largest problem. No, not scalability blockchain governance.
You see, early Bitcoiners have been debating block size limitations and the efficacy of other scalability solutions such as the Lightning Network for decades, you can look here 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 the equipped to handle not only the scalability problem today, but other large issues that may arise down the line.
When you have poor governance, it is an arduous process making any upgrades to a job, no matter how necessary they may appear to the vast majority of coin holders. Decreds best-in-class and still improving governance model provide 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 worldwide access to financial services through blockchain. The tagline help the unbanked summarizes the project nicely. In practice, this translates to 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 would 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 delegated PoS consensus.
Steem is the cryptocurrency that powers Steemit, a decentralized social networking platform which incentivizes user participation via micropayments. Think about it like Reddit, only instead of merely upvoting or downvoting articles, users can really 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 a few hundred thousand users, it's difficult to argue it isnt a working product. Some may even be earning money using Steemit. .