Coinbase's New Listing Candidates: What Are Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x?

The potential candidates for new listings are Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x, all of which perform different functions, ranging from the establishment of decentralized exchanges, to facilitating completely private transactions, to completely restructuring the digital advertising industry.

The first in the list of potential new Coinbase listing tokens, Cardano, is an academia-driven blockchain platform that utilizes a unique consensus method with the goal of applying blockchain technology to a range of different disciplines.

The Basic Attention Token is essential to the development of the Brave browser project, which intends to dramatically reform the entire structure of the digital advertising industry.

Brave is focused on decentralizing the slow, cumbersome, and highly centralized digital and online advertising market by incentivizing consumers with tokens for viewing advertisements, permitting advertisers to bypass the issues present within the current advertising ecosystem.

Stellar Lumens are native tokens used on the Stellar Network, a blockchain project that aims to bridge the gap between the opposing worlds of cryptocurrency and traditional centralized financial institutions.

Stellar works by allowing users to transmit credit that is equivalent to fiat currencies over the Stellar blockchain, which issued by "Anchors" - approved financial institutions that bridge the gap between fiat and crypto.

In addition to streamlining and lowering the cost of international remittance, Stellar also offers built-in features that let organizations to issue their own tokens, as well as, surprisingly, a build in decentralized exchange that lets ICOs completely avoid the costly and frustrating exchange listing process.

The Zcash team likens the operation of the Zcash network to that of the internet - if Bitcoin can be considered equivalent to unencrypted HTTP, Zcash is equivalent to encrypted HTTPS. The major draw point of the Zcash platform is the extremely effective obfuscation methods used to ensure user privacy.

0x. The potential addition of 0x to Coinbase is arguably the most forward-leaning of the listing quintet.

The technology driving the 0x project has already resulted in the creation of fully functional decentralized exchanges worth tens of millions of dollars, attesting to the efficacy of the 0x development community.