1 Level
16 Review
37 Karma
Review on 0x by No David
Unlike other popular digital currencies, ZRX tokens have a fixed supply. Theβ¦
Unlike other popular digital currencies, ZRX tokens have a fixed supply. The total number of ZRX tokens is one billion. The token was launched on 15th August 2017. Go to the basic, this user allowed to allocate a single string that another user is enter. Only transactions are made on string on chain, but all the other transaction commands to off-chain.
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Pros
- The 0x protocol allows to trade any Ethereum-based assets that comply with the ERC20 token standard but have plans to support ERC223 tokens in future. As of July 26, 2017, a total of 4269 ERC20 token contracts are registered 0x standard will be preferred by those who want to tokenize traditional securities, currencies and digital goods. Due to its versatility and the easy availability of the protocol, it is not far-fetched that 0x will grow quickly, providing the basis for other similar exchange systems using the Ethereum blockchain.
Cons
- Maintaining an on-chain order book results in transactions that consumes network bandwidth and bloat the blockchain without necessarily resulting in value transfer. Ox has so many relayles such as Radar Relay, DDEX, and Paradex these both have not infat 100eth volume so what user trade no liquidity
