Review on 0x by Elliot Browne
The 0x seems like a logical step from decentralized cryptocurrency exchanges…
The 0x seems like a logical step from decentralized cryptocurrency exchanges, effectively taking care of many of the flaws those exchanges contain. 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.
Pros
- The team behind 0x strongly believes that in the future, you will find thousands of tokens from Ethereum and that 0x can provide an efficient and trustworthy way to exchange them. 0x is designed to be different from both centralized and decentralized exchanges, providing the best possible combination of features.
Cons
- This token is how users pay Relayers’ trading fees. It is also a decentralized form of governance for the 0x protocol’s upgrade system. Essentially, those who own ZRX have input in the protocol and improvements to make that is proportional to the amount owned.
