The bears have firmly taken over the crypto market, and the charts continue to move sideways.
Since what happens next is highly speculative, many of us see this as an opportunity to delve into the whitepapers and Github activity logs. Fortunately, crypto morale has not taken the blow that prices have.
Bitcoin and Ethereum are starting to regain strength. There have been some positive opinions from government agencies, and there are more startups operating in the sector than ever before.
However, finding beginners worth considering is like looking for a needle in a haystack, and finding one or two needles in that haystack. can belife-changing.
So, without a specific sequence, here are 5 cryptocurrencies that you should keep an eye on this summer in 2018. Zcash (ZEC$)
Zcash is a built-in default privacy cryptocurrency that was established in Q4 2016 to address some of Bitcoin’s shortcomings.
With Zcash, users basically have 3 sets of keys: a private key to access their funds, a spending key that hides transactions, and a public viewing key to interact with external parties.
While Zcash isn’t the first to benefit from the privacy sector, they have given themselves a legitimate chance to have a privacy-focused marketplace. Their technological advances have been praised by Vitalik Buterin, and they showed no signs of slowing down in 2018. Why Watch Zcash? From Sprout to Sapling
Sprout was announced as Zcash’s developmental milestone about 1 month ago ZEC was published on exchanges. Their first software offered Zcash users a functional product, allowing the core team to focus on the second milestone: Fidan.
The Sapling protocol update was originally set to be released in September 2018, but its implementation was delayed by 6 weeks. A transition upgrade called Sapling during the winter season was successfully launched at the end of June 2018 to prepare the Zcash protocol for future upgrades.
The development team has done a great job reaching milestones so far, and since the launch of tech products is extremely difficult, a 6-week delay is forgivable.
Sapling has significant improvements to transaction time and memory usage, support for mobile wallets, and the so-called “multi-party computational ceremony” Tau’s Powers. Coinbase Considers Zcash
Coinbase has announced that they will be exploring 5 cryptocurrencies to add to their platform, Zcash is their privacy-based choice. On its own, the assessment is a meaningful step for all privacy coins, but integration with Coinbase would be a big step for the crypto industry.
Privacy coins are subject to increased risk when it comes to government regulations and because Coinbase is on track to buy. If SEC registration, Coinbase’s discovery leads to Zcash integration, Zcash could break regulatory barriers for privacy cryptos. The stars would have to be fully aligned for this to happen, but that just makes ZEC an exciting icon to watch. ApolloX (APXT$)
ApolloX blockchain is a new platform for building e-commerce applications and services, and it is trying to disrupt the rent-seeking models that currently dominate the e-commerce market. Websites like eBay take at least 10% of every sale, and Amazon has been selling sellers known to be cut off on their platforms.
The 5 protocols developed by ApolloX will decentralize trust and reduce the costs inherent in advertising and delivering goods through a centralized platform. The ApolloX white paper expects a 40% cost reduction for consumers after all is said and done. Why Watch ApolloX? Compliant Incentives
Probably the most interesting element of decentralized e-commerce is the alignment of the buyer, seller, and platform. Traditionally, buyers and sellers interact in the name of convenience and profit, respectively.
The platform has its own agenda that strives to maximize profit on each trade. As with most centralized systems, this agenda can lead to user dissatisfaction. Sellers are forced to raise their prices for minimal profit, and buyers pay the cost.
There are typically 5 actors in the e-commerce supply chain: Manufacturer, Distributor, Seller, Logistics, and Buyer. Besides the buyer, every player is after profit.
Source: ApolloX Whitepaper
As a centralized platform, Amazon may charge listing and advertising fees. Having systematic power allows customers to protect their contact and behavior information. They can then sell that information to other vendors. Amazon is also known to target best-selling products and then outperform third-party sellers. Since they do not have to pay their own fees, it is easy to execute.
Source: ApolloX Whitepaper
A decentralized option could restrict the for-profit departments of centralized e-commerce and offer a set of digital protocols that require some of the capital to operate. ApolloX Roadmap
ApolloBox is an e-commerce site that connects small merchants from all over the world. TheApolloBox.com was founded in 2015 and grew rapidly with monthly sales exceeding $1 million by November 2017. A month later, the ApolloX foundation was founded to explore the application of blockchain technology in the e-commerce market.
The ApolloX team proved successful in the e-commerce industry, and in May 2018, they integrated the ApolloX Token with the ApolloBox application. At the time of this writing, an awards program is currently in its first week, running until the end of September 2018.
While the project is in its initial phase, the ApolloX front-end beta will be released in October 2018. The backend infrastructure will run on distributed nodes, and the alpha version will be released before 2019.
The ApolloX Foundation is targeting 2020 for the full release of its decentralized services. If you’re interested in this project, pay attention to the front-end beta. How the team handles its years of development serves as an indicator of future success. Their success and integration with TheApolloBox is another.
While it’s too early to tell how well this cryptocurrency will perform in the coming months, it might be good to see this early-stage project on your radar. EOS (EOS $)
While a handful of crypto has been called the “Ethereum killer,” it seems to be stuck with EOS.
EOS It is a smart contract platform created by Dan Larimer, the founder of Bitshares and Steemit. Larimer is also known for the creation of the Representative Proof of Collateral algorithm (DPoS) and the Graphene software platform.
It’s impossible to say whether EOS will “kill” Ethereum, but the reasons to invest in legitimate EOS are despite the growing suffering the company experienced during its mainnet launch. Why Watch EOS? June Mainnet Launch
Summer 2018 was an important time for EOS. The year-long ICO events ended successfully in June, requiring ERC-20 token holders to register their wallets for a token exchange.
Following a delay in their official launch, a vote was held to select 21 EOS block generators and the platform went live. Airdrops Everywhere
While ICOs have been in all the rage lately, airdrop has become a popular way to raise awareness for new blockchain businesses. EOS can fund companies that create dapps on their platforms with the huge capital they raise from ICO events, and many of these companies do airdrops.
This is great news for EOS holders. Since the main requirement for participation in airdrops is to keep EOS tokens in a registered wallet, EOS tokens become more valuable. The more you hold, the more airdropped tokens you get. One of the most important airdrops to be launched this year is the HireVibes. You can be notified of airdrops by clicking here. Blockchain Activity
Originally posted 2022-04-28 21:15:16.