Read 0x (ZRX) News, Price Prediction, Opinion and Analyses Created By Users

0x (ZRX)

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0x (ZRX) is a cryptocurrency made by Amir Bandeali and Will Warren in 2016. It is a decentralized open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain. The 0x protocol is used to power decentralized exchanges (DEXs).

Although 0x is not a DEX itself, it is a powerful protocol that allows developers to build DEXs on top of it. In today’s DEXs, the exchange is usually powered via smart contracts on-chain. This means that any time a user wishes to make a deposit, order or execute a trade, they will have to pay GAS fees at each step. Although DEXs offer security as the user maintains control of their funds, the GAS fees at each step can quickly add up, making DEXs unviable for profitable trading. 

0x aims to circumvent the blockchain bloat and high GAS fees through its protocol. The 0x protocol uses off-chain order relaying that allows users to only run transactions through the network when a trade is executed and thus reduces the overall GAS fees at each step. It does this by using “relayers” who are responsible for broadcasting orders through public or private order books. Basically, the relayers are those responsible for finding all the open orders and presents them to the network. For the trade to be executed, a taker must take the order and pay a compensation fee to the Relayer in 0x for facilitating the trade.

The 0x token is the cryptocurrency that powers the entire protocol. Relayers are paid in 0x. The tokens can also be used to make governance decisions on the network by holders.

In this tag you can discover 0x (ZRX) news, price prediction, opinion and analysis created by users.


Announcing the 0x V4 vote

14 Jan 2021 2 minute read 2 comments 0x Project

To say that 2020 has been a transformational year for the decentralized exchanges space would be an understatement.While launching Matcha and onboarding more applications onto 0x API, 0x Labs has started experimenting with a novel smart contracts arc...

Expanding 0x beyond Ethereum

15 Nov 2020 5 minute read 10 comments 0x Project

The path towards a blockchain-agnostic protocol 0x protocol follows tokenized value Our mission at 0x Labs is to create a tokenized world where all value can flow freely. We set out to build 0x protocol because we believe that blockchain-based digit...

A comprehensive analysis on DEX liquidity aggregators’ performance

24 Oct 2020 17 minute read 3 comments 0x Project

After accounting for gas costs, 7 out of 10 times 0x API offers better prices than 1inch, Dex Ag, Paraswap and Uniswap. TL;DR 7 out of 10 times 0x API offers better adjusted prices than 1inch, Dex Ag, Paraswap and Uniswap. That is, the price after...

Coinmonster

15 Oct 2020 1 minute read 0 comments Galaxie Crypto

Good morning, everyone. I hope you are doing well. Today, I will present a website that will allow you to collect several cryptocurrencies. A Faucet. That hawk is Coinmonster. It is a very simple site, little polluted by advertising that distributes...

How Uniswap (and other DEXs) is making money

7 Oct 2020 3 minute read 15 comments ScreenTag

Many crypto-enthusiasts, believe that decentralized exchanges are some kind of a public service, where crypto developers are writing code just for fun or fame. They also believe that decentralized exchanges are not making any money, and all gas fees...

The 101 Guide to 0x / ZEROx

12 Sep 2020 5 minute read 12 comments MintDice.com

Everyone who trades cryptocurrencies is probably familiar with crypto exchanges at this point. Much like having an account with E-Trade, depositing money on the exchange, and then buying shares and stock through the account, crypto traders jump throu...

0x - ZRXBTC - a potential next move

1 Sep 2020 1 minute read 1 comment MikePL

Hi, I would like to look your attention to the 0x (ZRX) in pair with bitcoin.   As you can see on this chart - we probably found the support (yellow line) and we can try to move up. However it is still above the ema50 on 1d chart and did not touch th...

The Lazy Man’s DeFi

26 Aug 2020 1 minute read 0 comments Cje95

With DeFi being all the range right now and people becoming more and more interested in yield farming I cannot help but say I also caught the bug. However, after looking into it and trying to understand it all I rapidly realized that unless you fully...

0x Divergence Long Range View

18 Aug 2020 1 minute read 0 comments Betsy Malone

Hello, Hope everyone is making money right now! What is 0x? Technical Analysis Daily Chart Binance A clear break of the long term trend line and a bear divergence suggests an opportunity to buy on a retest of the trend line. The MA 200 is a good a...

Three incredible projects that can be highly valued

16 Aug 2020 5 minute read 9 comments zulonga

On November 1, 2019 I shared my price projection for the cryptocurrency Chainlink [Link], in that period the price of the currency was $ 2.69 and I projected that it would hit the $ 13, now at the $ 19 project that the end of the cycle will take plac...