The Bancor Protocol is a method that was created to allow anyone to quickly and easily convert any ERC-20 currencies directly between each other as opposed to using a third-party exchange to accomplish the conversion.
When it comes to cryptocurrency, nothing really compares to Bitcoin. Its name remains synonymous with cryptocurrency to the general public who are not aware of the fact that different cryptocurrencies even exist in this space.
However, since these other cryptocurrencies do exist and remain very popular amongst people who have some knowledge about the cryptocurrency industry, several new cryptocurrencies have come to surface in the past few years and have gone on to achieve success on their own.
If you’re looking for a new alternative to the existing cryptocurrency exchanges you have no further to look than Gate.io, which has just come into operation in 2017. It was created with a goal of offering users access to otherwise difficult to find coins and new projects, and it seems to be seeing good early success. Additionally, it was designed to help investors find information about current market trends and specific coins.
If just having your cryptocurrency exchanges isn’t enough, you can consider consolidating them all under one umbrella with the Coinigy platform. This is a platform that’s available on desktop and mobile, and was created with the serious cryptocurrency trader in mind. It connects over 45 cryptocurrency exchanges in one platform that is customizable and gives you access to data, charts and orders. It can really simplify the trading process if you’re into dozens of small altcoins spread over multiple exchanges. It also provides good education on the platform and trading with a series of articles and videos.
Liqui.io is one of the smaller cryptocurrency exchanges, and also one of the newer cryptocurrency exchanges. Even though it’s fairly new, it already offers trading in roughly 60 different cryptocurrencies, including of course Bitcoin, Litecoin and Ethereum. They don’t support fiat currencies however, so all deposits and withdrawals must be done in cryptocurrencies from outside wallets.
While many cryptocurrencies were built on complete transparency, including the type that allows others to see who is sending and receiving the coins, there has been an increasing focus on true privacy and anonymity with cryptocurrencies.
One of the leaders in this privacy-centric space is the coin known as Dash. Dash has been around for some time, having been launched in 2014 as Darkcoin. In fact, the cryptocurrency’s whitepaper, co-authored by Evan Duffield and Daniel Diaz, describes it as “the first privacy-centric cryptographic currency” based on Nakamoto’s work with Bitcoin.
Some cryptocurrencies are tackling mundane problems, but others are revolutionary, and are taking on the bleeding edge of technological developments. IOTA is one such project, designed specifically for the Internet of Things. It is unique and there’s no other project out there quite like it. If IOTA is successful it could very well become the transactional fuel that keeps millions on internet connected and enabled devices communicating and functioning properly.
The logistics industry is getting the blockchain treatment. Prominent companies like IBM has expressed interest in working with large companies like Maersk to disrupt the freight space, bringing much needed technological advancements.
After IBM and Maersk’s announcement to delve into creating blockchain solutions that would help revolutionize the global trading, shipping, and logistics industry, many more companies followed suit.
The latest of these companies that seek to add their contribution to the logistics industry is called Blockshipping.
With the scalability issues that have been troubling popular networks such as Bitcoin and Ethereum as of late, the need for a sustainable blockchain infrastructure that allows for smooth transactions over a growing platform is a need that must be addressed.
While several projects have recently emerged that claim to resolve all these problems, it remains to be seen if any of them could hold up to their promises when they reach a level of usage that matches the aforementioned giants of the blockchain and cryptocurrency industries.
Gatecoin is one of the longer standing cryptocurrency exchanges, having been formed in 2013 by former investment banker Aurelien Menant, and incorporated in Hong Kong.
It specializes in Bitcoin and Ethereum trading, and accepts the U.S. dollar, Euro and Hong Kong dollar as fiat currencies. Gatecoin is notable as being the first exchange to list Ethereum back in August 2015.