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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 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 smart contracts on the platform or merely focus on cryptocurrency transactions.
Qtum launched in March 2017, and hurried 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 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, 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 which facilitates 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 trade tokens built on standards besides ERC-20, including non-fungible ERC-721 tokens.
In a market filled with scams and vaporware, 0xs favorable contributions to 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. However, that hasnt stopped the projects developers from continuously improving the merchandise.
The recently updated Bytecoin roadmap includes a tricky fork for a consensus update scheduled for August 31, in addition to 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 own solution to Bitcoins biggest problem. No, not scalability blockchain governance.
You see, ancient Bitcoiners have been debating block size limitations and the efficacy of other scalability solutions like the Lightning Network for decades, even though the problem of scalability actually only became discussed in the mainstream click to find out more in 2017.
With its community-based governance model and strong adherence to the core ethos of both decentralization, Decred is constructed to evolve and improve quickly. That means that the equipped to handle not only the scalability problem today, but other large issues 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 might appear to the vast majority of coin holders. Decreds best-in-class and still 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 worldwide access to financial services via blockchain. The tagline assist the unbanked outlines the job nicely. In practice, this translates into BitShares operating as a decentralized exchange, one which was constructed 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 condition of the job offers decentralized advantage exchange, price-stable cryptocurrencies, recurring and scheduled payments, user-issued resources, and more, all accessible through a decentralized system powered by assigned PoS consensus.
Steem is the cryptocurrency that forces Steemit, a decentralized social networking 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 effort.
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Steem is a functional cryptocurrency used only on the Steemit platform. This gives it something of a limited use, but seeing as how Steemit is now live and boasts only a couple hundred thousand users, its hard to argue it isnt a working product. Some people may even be earning money using Steemit. .