0x is an open, permission-less protocol facilitating ERC20 tokens to be tradedβ¦
0x is an open, permission-less protocol facilitating ERC20 tokens to be traded on the Ethereum blockchain.
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Pros
0x enables off-chain order-books to be settled on-chain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.
Cons
1. Advanced technology sometimes makes mass adoption difficult
2. Customer support seems relatively negative to clients.