Review on 0x by Sergio Daniel Delgado
0x function
The 0x is a cryptocurrency with two fundamental objectives, inseparable from each other. Being the first of them, promoting the development and stability of exchange platforms decentralized around the world. Which fulfills according to its condition as a base asset of an exchange.
While the second objective of ZRX is more difficult to achieve than the first. Well, this would not depend only on itself, wanting to act as an element that promotes interoperability between different cryptocurrency exchanges. Which, 0x expects more and more, to be a virtual representation of real assets.
Pros
- Thanks to its ERC-20 token status, there is a wide variety of wallets that offer support for 0x. Among which stand out classic digital wallets for the storage of this type of tokens, such as MyEtherWallet, MetaMask, and Ledger.
Cons
- The rescue of certain core values of Blockchain technology is a very important issue for the crypto world. The excessive concentration of power and money in groups like exchanges or mining farms. It is not a positive element for the development and achievement of cryptocurrency objectives. Therefore, initiatives that favor decentralization such as 0x development are important for the entire crypto community. Well, even with the defects it may have in its operation, and on which the 0x team must still work. It is cryptocurrencies like this that keep alive the ideal on which the building of the crypto world is based.
