1 Level
6 Review
12 Karma
Review on 0x by Phuc Nhi Khang
The 0x protocol, however, is used by the Radar Relay exchange, a marketplace…
The 0x protocol, however, is used by the Radar Relay exchange, a marketplace with a volume of $1.5 million in 24 hours, and listing 58 altcoins. At the moment, decentralized exchanges are small in comparison to leading marketplaces such as Binance, but their activity has been key to achieve price discovery for new projects. The 0x protocol is seen as one of the major developments in decentralized exchanges, along with IDEX, EtherDelta, and Bancor.
Pros
- 0x project has been one of the most watched out projects and going by their github repo it has a healthy development on their base protocol code and also on supported tools. The 0x protocol allows to trade any Ethereum-based assets that comply with the ERC20 token standard but have plans to support ERC223 tokens in future.
Cons
- It would be really great if they can branch out and process atomic swaps in the future.
