Review on 0x by Mayra Coba
A great project for development of exchange between tokens although it depends on Ethereum
0x operates in a decentralized way, its network supports new tokens that arrive in the world of cryptocurrencies. It is an open protocol without permissions in which we can trade if we want to. Transactions are off-chain to reduce GAS and blockchain overload. It offers liquidity and an interface for the development of decentralized applications.
For me it is one of the solid projects that we can achieve for what are token interactions where we ourselves can control, develop and build our tools to exchange tokens on our website. The only thing that worries me and I dislike is its dependence on Ethereum but nevertheless this is also seen as positive at tea time.
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Pros
- Help develop and build own cryptocurrency exchanges.
- Free public access platform.
- Open, free and decentralized protocol.
- You can prevent pirate theft by creating centralized exchanges.
- Transactions outside of Ethereum much faster.
Cons
- It depends a lot on Ethereum and this is a bit serious.
- It does not have a good reputation or competition, which is why it needs a bit of support to emerge.
