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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 features update in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a huge increase for any cryptocurrency.
Qtum is a smart contracts platform very 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 intelligent contracts on the platform or merely 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 only 90 minutes. The job 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 completely 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, 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 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 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 quite 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 tricky fork for 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 developers, 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 effectiveness of additional scalability solutions such as the Lightning Network for years, even though the problem of scalability really 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 has been constructed to evolve and improve quickly. That means that the equipped to handle not only the scalability problem today, but other big problems that might arise down the line.
When you have bad governance, it is an arduous procedure making any upgrades to a project, no matter how necessary they may appear to the majority of coin holders. Decreds best-in-class and still improving governance model give it an intriguing instance to be a pioneer in electronic 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 outlines the job nicely. In practice, this translates to BitShares operating as a decentralized exchange, one that was built from the ground-up to prevent scalability issues and maintain transaction fees low.
BitShares was launched in 2014 by Dan Larimer, who would 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 much more, all accessible by means of a decentralized system powered by assigned PoS consensus.
Steem is your cryptocurrency that powers Steemit, a decentralized social media platform which incentivizes user participation through micropayments. image source Think about it like Reddit, only instead of merely upvoting or downvoting posts, 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 now live and boasts a few hundred thousand users, its hard to argue it isnt a working product. Some people may even be earning money using Steemit. .