1 Level
12 Review
9 Karma
Review on 0x by Nguyen cuong
The 0x seems like a logical step from decentralized cryptocurrency exchangesโฆ
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.
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Pros
- Exchanges that use ZRX's protocol doesn't has guaranteed liquidity. So, if an exchange fail to attract trading volumne, then no one will use it. On the other hand, Kyber has liquidity providers and pull price from sources. So, price on Kyber isn't going to be as ridiculous as an exchange without volume.
Cons
- Doesn't has as much trading features as traditional exchanges. 0x also support a P2P tokens exchanging. 10 x DEX are building on 0x Project ZRX including Ethfinex, Radar Relay and many more 14 x dApp are using 0x Protocol like Request Network There are no products on Kyber yet
