The market has just commenced consolidating the losses and a recovery is underway. The crypto carnage appears to have stopped and investors are buzzing with ideas to invest in readiness for the last quarter of the year. The crypto sphere never sleeps and new blockchain projects are making their debut. Importantly, there various other projects are celebrating groundbreaking milestones. On the other hand, most investors are doing their best to find the right projects to buy into. In this article, we explore 2 coins you need to watch throughout this month and for the rest of the year.
Lisk is essentially a blockchain platform that allows developers to design and execute their programs (dApps). However, the platform functions a bit differently from other projects that are categorized as “platform cryptocurrencies.”
Lisk gives developers more control over their applications. This is accomplished using holistically customizable sidechains. These sidechains give the developers the ability to decide the parameters that are suitable for the applications they are building.
Why is Lisk a crypto to watch
Lisk has been in the headlines throughout August. The network announced the release of Lisk Elements v1.0.0. In addition to that, the team went ahead to launch new versions of Lisk Nano and Lisk Hub. These projects have elevated Lisk to higher highs in the industry while the icing on the cake is the launch of Lisk 1.0 mainnet and the token migration.
Development platforms in the industry keep increasing; a situation that is not good for older platforms like Ethereum. However, for the Lisk team, this has become an opportunity to edge above the competition and offer developers with services and tools they cannot find anywhere else. Such is the Lisk Elements coupled with the Lisk Core 1.0; both have become the game changers in decentralized applications.
It is vital that cryptocurrency projects grow out of the price speculation era. Quality engineering and usability are the keys to a better future for crypto projects.
A number of cryptocurrency projects have stood out in 2018 with the ability to have real use cases that are relevant now and in future. Ox protocol is one of the incredible projects facilitating the exchange of the constantly growing number of Ethereum-based digital tokens. Ox protocol goes beyond tokens and supports gaming items and other digital assets of value.
The platform functions on the basis of a decentralized infrastructure. It is a layer in the upcoming financial stack developed on the foundation of Ethereum standards of tokens. The platform utilizes off-chain order relayers to support instantaneous transactions that are highly scalable. This infrastructure facilitates ease of trading ERC20 tokens. ZRX tokens are used to reward relayers on the platform but free transactions are allowed among known counterparties.
Unlike most of the digital assets which have been diminishing due to the bear trend in 2018, Ox has been breaking barriers to the upside. Its market capitalization has grown tremendously in regards to other ERC20 tokens and is explained by the growing utility for the token and the platform in the Ethereum community.
Why is 0x a crypto to watch
0x is currently working on Ox Protocol 2.0 expected to launch in September. This will be a huge milestone for the platform geared towards improving the security as well as flexibility in comparison to the older versions. The most important is the redesigned smart contract architecture. The new platform will expose the network to other tokens that are not Ethereum-based.