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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.

A Quick Overview Of 0x Project

1 week ago 7 minute read Rumi $4.23 tipped

Overview 0x іѕ а blосkсhаіn рrоtосоl dеsignеd tо fасіlіtаtе dіgіtаl аѕѕеt trаdеѕ іn а decentralized manner. It uѕеѕ the Etherеum blосkсhаіn and оffеrѕ а solution tо the drawbackѕ оf cryptocurrency еxсhangеѕ through аn “оff-сhаіn оrdеr rеlау with оn...


6 hours ago 5 minute read goldenforex $0.01 tipped

The Bullish Trend Has Levelled a Bit for NEO     NEO is having a light pattern and is moving firmly toward the upwards. NEO Establishment has tied-up with Celer System that means to improve the adaptability and ease of use of NEO's DApps biological...

0x Protocol — Building Decentralized Exchanges (…and so much more?)

11 Dec 2018 8 minute read Owl Yoda $12.68 tipped

0x is one seriously ambitious project. It’s primarily developing a protocol to enable decentralized trading of tokens on Ethereum. It has the potential to become the technical standard delivering seamless interoperability of tokenized value across pl...

Here’s What August’s Most Active ERC-20 Dapps Have Been Working On

2 weeks ago 11 minute read Santiment $5.21 tipped

Each month, we shine a spotlight on the 10 ERC-20 projects with the highest-recorded developer activity for the past 30 days, as calculated by Santiment. Development Activity is an oft-underrated indicator of project success, as it demonstrates the m...

Most Exciting Crypto Projects Out Of San Francisco Bay Area

19 Aug 2019 3 minute read Adamic0 $4.79 tipped

Even if blockchain development and startups are quite a global phenomenon, with Asia and Europe really leading the way with innovation, there are several major projects in America that are are looking good to cause some quakes in various industries....

Ethereum - History and functioning of ETH

1 Aug 2019 6 minute read Roberto D. $0.13 tipped

What are Ethereum? Cryptocurrency means a digital decentralized system that is not controlled by anyone and that allows money to be exchanged simply and quickly. In practice, this is a new payment method that anyone can use. Ethereum, in addition to...

3 Undervalued Cryptocurrencies You Might Like In July 2019

2 Jul 2019 3 minute read Da_Sound $3.07 tipped

Okay, I’m going to start a series that will hopefully grow over time (depending on how much time I have) What I’m trying to do is to make some crypto selections every once in a while. I think I’ve got some interesting ones :) Well, I always say that,...

0x, a protocol for decentralized exchanges

12 May 2019 1 minute read BtcSapiens $0.12 tipped

At this point, it is still very common to exchange cryptocurrencies in exchange houses or centralized exchanges, and although the idea of ​​exchanging decentralized coins in centralized houses may seem contradictory, we must be realistic, and it is n...

0x and the Birth of Publish0x

19 Mar 2019 1 minute read Crypto Pappy $0.06 tipped

Before Publish0x there was 0x   While I was borded during the last bear market I figured I'd do a little ALT COIN HUNTING. I began ALT COIN HUNTING about a year or so ago now. Nothing major. I just want to read. Show me not just the science, but a go...


25 Jul 2019 1 minute read Roberto D. $0.06 tipped

It doesn't matter if you like Coinbase or not, what matters is that through their "Coinbase Earn" program you can have cryptocurrency for free, it's practically an airdrop. All you need to do is:Register to CoinbaseGo to the "Earn" section Just watch...