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Zcash has grown in leaps and bounds in 2018. The dev team released a roadmap through the year 2020, which includes a significant 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 smart contracts platform similar to Ethereum, only with a stronger focus on significance transfers and decentralized apps. Its meant to be something of a hybrid between Bitcoin and Ethereum, allowing businesses to build smart contracts on the stage or merely concentrate on cryptocurrency transactions.
Qtum launched in March 2017, and hurried straight 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 smart 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 into a fully 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 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's a permissionless, open-source protocol that facilitates 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 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 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 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, content with contributions to the project beginning in 2012. However, that hasnt stopped the projects developers from continuously improving the merchandise.
The recently upgraded Bytecoin roadmap has a hard fork for a consensus upgrade 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 product is its solution to Bitcoins biggest problem. No, not scalability blockchain governance.
You see, early Bitcoiners have been debating block size limitations and the efficacy of other scalability solutions like 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 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 problems that might arise down the line.
When you have poor governance, it is an arduous procedure making any updates to a project, no matter how necessary they may seem to the vast majority of coin holders. Decreds best-in-class and improving governance version give it an intriguing instance to be a leader in digital payments for a long time to come. .
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BitShares intends to improve global access to financial services via blockchain. The tagline help the unbanked summarizes the project nicely. In practice, this translates to BitShares operating as a decentralized exchange, one which was constructed from the ground-up to avoid scalability difficulties 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 driven by delegated PoS consensus.
Steem is your cryptocurrency that forces Steemit, a decentralized social networking platform which incentivizes user participation through micropayments. Think about it like Reddit, only instead of merely upvoting or downvoting posts, users can actually 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 limited use, but seeing as how Steemit is live and boasts a couple hundred thousand users, its hard to argue it isnt a working product. Some may even be earning money using Steemit. .