1 Level
14 Review
14 Karma
Review on 0x by Miota Belly
centralized exchange is fast and efficient, but expensive in terms of price…
centralized exchange is fast and efficient, but expensive in terms of price and security. And decentralized exchanges are cheap and safe, but they are less efficient.
0x has found a way to make the most of the advantages of both worlds. Instead of simply building the dex-exchange, others have created a standardized protocol that allows them to build their own distributed exchange using this protocol.
Pros
- 0x is pronounced "Zero X" and has the task of disrupting the centralized cryptocurrency ex change industry in a way that does not cost the protocol at all. 0x tries to end the magnitude of an existing centralized exchange.
Cons
- I respect the team's willingness to achieve monumental accomplishments that standardize decentralized exchange protocols without charging fees. But the problem with the project is simple. NO FEES. The success of this project may not be directly understood by the ZRX tokens. In fact, it may possibly have the opposite effect. The value of the token is, in the long run, inversely proportional to the speed of the token
