Despite the cryptocurrency ecosystem experiencing a harsh bear market, there has never been a better time to research the projects and protocols positioning themselves for global dominance in 2019 and the next great bull run. Here is a list of the top 10 hottest coins doing just that.
1. Stellar (XLM)
A decentralized, open-source protocol utilising a native, digital asset (XLM) designed to tokenize everything – providing access to low-cost financial products on a public blockchain. A recent merger of their for-profit company – Lightyear – with industry heavy-hitters Chain bringing existing clients such as Visa, NASDAQ and Citigroup. All are in the process of being on-boarded onto Stellar’s public network via the new merger, called Interstellar. Coinbase also exploring listing XLM. Expect huge things for 2019.
2. Tezos (XTZ)
A self-amending agnostic cryptocurrency and ledger, reaching consensus via proof-of-stake. Block creation and staking is achieved through the process of ‘baking’, with users rewarded with XTZ for doing so. Huge media and market interest after Tezos successfully implemented their main net on 09/17/18.
3. Holo (HOT)
Scalable distributed computing, with big names like Coca Cola and Deloitte backing the project. Holo are aiming to provide an ecosystem whereby people own their data, control their identity and can transact in a decentralized manner – all while being rewarded with microtransactions of HOT. No specific ‘main net’ launch, but rather iterations of Holochain apps running on their own networks. Potentially transformative technology
4. Decred (DCR)
Started out as a code fork of btcsuite – itself a complete rewrite of the Bitcoin protocol – and has become a decentralized cryptocurrency and community-engaged open-source platform, designed to function as the next evolutionary stage of Bitcoin. Solves many of Bitcoin’s scaling and transaction cost problems.
5. IOTA (MIOTA)
Aiming to become the standard for the Internet of Things, IOTA is an open source, decentralized blockchain-less cryptocurrency designed to optimize IoT facilitations. Current industry partnerships include Bosch, Fujitsu and Volkswagen. The value proposition of such a connected network is almost limitless.
6. 0x (ZRX)
An open protocol designed to offer a global decentralized exchange on the Ethereum blockchain. Co-founders Will Warren and Amir Bandeali are aiming to represent every asset in existence on Ethereum. ZRX, the native token, facilitates Relayer’s trading fees and is used as a form of governance on the exchange. Could be one of Ethereum’s long-term saving graces.
7. Ontology (ONT)
A recent successful main net has drawn significant attention to this project. Ontology provides a public service chain ecosystem and framework, prioritising cross-chain compatibility for different industry applications. Still relatively ‘under the radar’ and potentially great promise.
8. Steem (STEEM)
Primarily a decentralized social networking and blogging site, Steem, with its native currency, rewards users for both posting and liking published content. Some publishers have already created enviable incomes streams from the platform, and with recent negative news events surrounding Facebook and Twitter, a blockchain-based platform may soon have its time in the mainstream limelight.
9. Nano (NANO)
Digital, fast and free. Nano, previously RaiBlocks, is aiming to be the de facto digital currency of the future. Settlement takes 3 seconds on average, with a unique block lattice infrastructure securing consensus and zero fees. No major partnerships as of yet, but Nano has increasingly garnered attention for its impressive technology. One to watch.
Promising 710,000 transactions per second, and using a novel ‘proof-of-history’ consensus protocol, Solana is gearing up for their Q4 mainnet and Q1 2019 token distribution. Use cases include decentralized exchanges, payments, web storage and more. An incredibly promising project being built by an even more promising team. 2019’s coin to watch.
Where 2019 and beyond will take the cryptocurrency and blockchain ecosystem is still very much being shaped and built today. One thing is certain – the projects who create real value and establish themselves now stand to become the greatest winners when, not if, this technological revolution truly takes off.