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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 attributes update in the October 2018 Sapling release. Coinbase can be 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 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 platform or merely concentrate on cryptocurrency transactions.
Qtum launched in March 2017, and dashed right to the top. The initial offering offered 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 released its mainnet in September 2017, opening the doors to a completely functional smart 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 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 goods 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 more than 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'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 advice of their the original source best performing cryptocurrencies of 2018.
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Bytecoin is another popular privacy-focused cryptocurrency with 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 quite a long time now, with contributions to the project beginning in 2012. But that hasnt stopped the projects developers from continuously improving the 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 programmers, 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 effectiveness of additional scalability solutions like the Lightning Network for years, even though the problem of scalability actually only became discussed in the mainstream in 2017.
Using its community-based governance design and strong adherence to the core ethos of both decentralization, Decred is built to evolve and improve rapidly. That means that its outfitted to handle not only the scalability problem now, but other large issues that might arise down the line.
When you have poor governance, it's an arduous procedure 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 give it an intriguing instance 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 assist the unbanked outlines the project nicely. In practice, this translates into 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'd then go on to take a lead development role in both EOS and Steem.
The current state of the job offers decentralized asset exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and much more, all available through a decentralized system driven by assigned PoS consensus.
Steem is your cryptocurrency that powers Steemit, a decentralized social media platform which incentivizes user participation via micropayments. Think of it like Reddit, only instead of just upvoting or downvoting posts, users can really reward creators for their attempt.
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Steem is a functional cryptocurrency used only on the Steemit platform. That gives it something of a restricted use, but seeing as how Steemit is live and boasts a couple hundred thousand users, it's difficult to argue it isnt a working item. Some people may even be earning money using Steemit. .