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Review on 0x by Mudashir Yetunde

Revainrating 4 out of 5

0x is an open protocol that enables the distributed exchange of Ethereum-based…

0x is an open protocol that enables the distributed exchange of Ethereum-based tokens and assets. Developers can create different custom dapps for custom applications with 0x.
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Any complex new system is likely to suffer from design errors. Decentralized exchanges have some advantages over their centralized counterparts, but also some distinct disadvantages.
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Pros
  • 0x is an open protocol for distributed exchange of ERC20 tokens in Ethereum Blockchain. 0x provides a building block that allows developers to build other DEX applications. The company runs as Ethereum Smart Contracts. The 0x protocol is free to use except for standard gas rates, but DEX service providers can charge transaction fees in ZRX.
Cons
  • Governance Process Security Attribute Questions A simple protocol update voting method is to buy more than half of all ZRX tokens and then suspend the DEX 51% attack and vote to replace the malicious agreement that all assets have on themselves sends. This is one of the key areas of future R & D and the team now manages protocol upgrades

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