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1 Level
6 Review
11 Karma

Review on 0x by Manh Pham

Revainrating 5 out of 5

I think the value of zrx for the future is so important. Cause centralized…

I think the value of zrx for the future is so important. Cause centralized exchanges will not be able to compete with 0x-based decentralized exchanges on fees because centralized exchanges have high operating costs. This is because centralized exchanges must build and operate proprietary infrastructure to securely handle user funds. This is not to say that centralized exchanges will be completely replaced. They will continue to play a critical role in the cryptocurrency ecosystem. Their major benefits being that they offer fiat on/off-ramps, better performance and they cater to customers that are uncomfortable managing their own private keys. This is advantage for zrx.




Pros
  • Ox Coordinate and promote network efficiency around liquidity, to create a feedback loop. Where early adopters of this protocol benefit from wider adoption.
Cons
  • Introduce the community creation platform for future development

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