Top 3 Crypto Projects To Watch In September

1. Elastos

The goal of this project is to create a smart web, based and powered by the blockchain technology. This way the project will enable a reliable internet in which devices won’t have to be directly connected to the internet but will be connected to the Elastos smart web. This way, hackers won’t be able to enter the devices and if they try to attack the Elastos network it will be nearly impossible because of the heavy encryption layers. Teams are working on this project for more than 15 years and they found out that the missing piece for the project is actually the blockchain technology. Elastos released a code for their framework for mobile applications and the project will work as open-source which is a great plus for the decentralization enthusiasts.

2. IOST

One of the biggest problems for cryptocurrency is scalability. This is why the IOST team is trying to solve the biggest problem of all. They believe that they will create a consensus model that will fix this problem. The project is very complex and is made up of 5 elements: Proof-of-Believability, Efficient distributed sharding, TransEpoch, Atomix, MicroState Block. We will not even try to explain to them because they are extremely complex and it would take hours to do so. The project has launched its public testnet and it even reached 7000-8000 transactions per second.

3. Bytecoin

Bytecoin is actually a cryptocurrency that focuses mostly on privacy and security. Privacy is enabled with the implementation of ring signatures by demanding more than two private keys, making the transactions untraceable. The most important thing about it is the option to set dynamic transaction fees.