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Review on 0x by Jet Lee
Unlike other popular digital currencies, ZRX tokens have a fixed supply. The…
Unlike other popular digital currencies, ZRX tokens have a fixed supply. The total number of ZRX tokens is one billion. The 0x project has got its mission right. Moving to decentralized exchanges seems like the next logical step. Also, the 0x project addresses some of the major flaws with existing crypto exchanges, the token is linked to a distributed app and a protocol for creating decentralized exchanges.
Pros
- This is because centralized exchanges must build and operate proprietary infrastructure to securely handle user funds. This is not to say that centralized exchanges will be completely replaced. They will continue to play a critical role in the cryptocurrency ecosystem, ZRX is to combine the pros of both while minimizing the cons by allowing off-chain order relay with on-chain settlement. Grab some ZRX before it is listed on Coinbase.
Cons
- Organization very poor, the success of this project may not be directly understood by the ZRX tokens. In fact, it may possibly have the opposite effect. The value of the token is, in the long run, inversely proportional to the speed of the token.
