1 Level
14 Review
4 Karma
Review on 0x by Gulak Adebayo
The Ox team appreciates the development of decentralized exchanges that have…
The Ox team appreciates the development of decentralized exchanges that have found room for improvement. By using 0x, I hope that the inefficiency of decentralized cryptographic exchange and various exchanges becomes impossible. Distributed Exchange was developed to address stolen vulnerability issues. This type of decryption exchange allows the user to control some of the money. Instead of sending money to a wallet managed by a company, a user manually authorizes a transaction order using a digital signature. Of course, this means that centralized exchange is very fast, but decentralized exchange is slow
Pros
- 0x addresses the main problem of dex exchange. It is costly, but slow, non-parametric and can not work together. To execute an order in a block chain, each adjustment or new order must pass through a block chain. That is, everything is kept on a block-by-block basis. It also generates network transaction fees for each interaction. 0x solves these two problems by developing a standard protocol. This protocol can be applied to any command passed by the block chain. If you use logs, your orders should return to the block chain, not all transactions.
Cons
- Just like any project,there plans are ambiguous and technology is relatively new.. There's high hope they might fail
