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.


0x (ZRX) Price Prediction 2020 - $0.80 Possible? 

2 days ago 7 minute read CryptoChartWizard91

0x had a troublesome year during 2019 as the cryptocurrency dropped by a total of 20% throughout the period. It had opened trading in 2019 at a price of $0.29 and went on to close the year at a price of around $0.18. It did experience some great move...

ZRX BTC How Do We Love Thee? Let Us Count the Ways.

5 days ago 1 minute read Betsy Malone

ZRX BTC How Do We Love Thee? Let Us Count the Ways.  Why don't we just spend time together for Valentine's Day?  Buy On the Dip TradingView Chart  ZRX BTC your Trend is bullish ZRX your Daily chart has a large volume bar that exceeds the other bars...

Most Exciting Crypto Projects Out Of San Francisco Bay Area

19 Aug 2019 3 minute read Adamic0

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....

0x Token Holders Can Now Earn Trading Fees From Market Makers

11 Jan 2020 2 minute read Brennan

The 0x protocol was recently upgraded to version 3.0 on the Ethereum mainnet, giving 0x token holders the ability to delegate their tokens to market makers and earn trading fees. 0x is an open protocol that allows any developer to create a decentrali...

Game of DEX Protocol - Who's Gonna Win & Where To Be Invested?

25 Sep 2019 8 minute read Jeremy Wall

Anyone who’s taken the time to delve into this crazy world of crypto knows how expansive and revolutionary this industry is and it’s crazy to think of how far it has come. It all started in 2009 with the launch of Bitcoin as peer-to-peer electronic c...

Crypto Protocols Aren't Sexy Yet, But Will Cause The Next Crypto Boom

2 Oct 2019 8 minute read Jeremy Wall

In the Fat Protocols thesis written by Joel Monegro in 2016, he predicted that where value is captured with blockchain, it will be the opposite to that of the internet. Explaining, he said the foundation of the internet – the shared protocols in whic...

What Is 0x? - [A Comprehensive Guide to Understanding 0x]

3 Oct 2019 6 minute read Mr.CryptoWiki

image source: https://coinsutra.com/0x-protocol-zrx/ 0x is a set of smart contracts. A protocol. It is a platform that can provide a means to exchange various digitized assets on the Ethereum blockchain in a decentralized way. Powering decentralized...

Is 0x (ZRX) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations.

8 Nov 2019 7 minute read DoYouEvenCrypto

0x is trying to transform the idea of decentralized exchanges on top of Ethereum blockchain. Not only that, but 0x is also trying to improve the features of lending and margin trading on their decentralized exchange protocol. 0x is actually doing re...

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

3 Sep 2019 11 minute read Santiment

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...

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

11 Dec 2018 8 minute read Owl Yoda

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...