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Amsterdam
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5 Karma

Review on 0x by ava sandres

Revainrating 3 out of 5

0x protocol - good cryptocurrency project

0x is a modular construction piece that may be rearranged and reassembled. It is a non-rent-seeking open protocol that allows for the trustless and quick exchange of Ethereum-based assets. It's too costly to change orders often in reaction to changing market circumstances. With David Sacks' backing, I'm confident that the firm 0X will become even more successful in the future.

Along with IDEX, EtherDelta, and Bancor, the 0x protocol is considered as one of the key advances in decentralised exchanges. It has been one of the most closely watched projects, and based on their github repo, they are making good progress on their underlying protocol code as well as supporting tools.

Pros
  • The crew devotes a lot of time and attention to their project. They'll keep playing an important role in the bitcoin ecosystem. Their main advantages are that they provide fiat on/off ramps, improved performance, and cater to clients that are hesitant to manage their own private keys. This is a plus for zrx.
Cons
  • With being stated, I believe it remains to be seen if the price of the ZRX token will climb significantly and prove to be a profitable investment for crypto investors. I have yet to detect any flaws in this platform.

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