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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 major features upgrade in the October 2018 Sapling release. Coinbase is also considering listing Zcash, which is a massive boost 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 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 only 90 minutes. The project differentiated itself by providing a rare Proof-of-Stake intelligent contracts platform designed to compensate for some of Ethereums shortcomings, including lack of compatibility for mobile devices. .
Qtum released its mainnet in September 2017, opening the doors to a fully 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 intends 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 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 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'll 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 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 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 projects developers from continuously improving this product.
The recently updated Bytecoin roadmap includes a tricky fork for 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 useful link solution to Bitcoins biggest difficulty. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of other scalability solutions such as 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 model and strong adherence to the core ethos of decentralization, Decred has been built to evolve and improve rapidly. That means that its outfitted to handle not only the scalability problem now, but other large problems that may arise down the line.
When you have poor governance, it is an arduous process making any upgrades to a project, no matter how necessary they might appear to the vast majority of coin holders. Decreds best-in-class and still improving governance version provide 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 via blockchain. The tagline help the unbanked outlines the job nicely. In practice, this translates into BitShares operating as a decentralized exchange, one that was built in 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 have a lead development role More Help in both EOS and Steem.
The current state of the project offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and more, all available by means of a decentralized system driven by assigned PoS consensus.
Steem is the cryptocurrency Source that powers Steemit, a decentralized social media platform which incentivizes user participation through micropayments. Think of 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 couple hundred thousand users, its hard to argue it isnt a working item. Some may even be earning money using Steemit. .