What is 0x (ZRX) token coin in crypto?
What is 0x cryptocurrency? Short description for 0x.
The Ethereum blockchain hosts a range of digital assets, with more being created each month. Soon, thousands of assets will be tokenized and transferred to this open financial network. As the token space continues to expand, these assets will need to be exchanged. Protocol 0x will serve as a critical part of the infrastructure for the token economy, enabling Ethereum smart program contracts and the seamless exchange of Etherea-based assets.
Goal of 0x
ERC20 peer-to-peer token exchange, business token protocol, decentralized application interoperability (dApps), protocol-based DApps can access public liquidity funds or create their own liquidity funds.
We describe a protocol that facilitates peer-to-peer exchange of ERC20 low-friction tokens in the Ethereum blockchain. The protocol is intended to serve as an open standard and common building block ensuring interoperability between decentralized applications (dApps) that come with an exchange function. The stores are implemented in the Ethereum smart contract system, which is publicly available, free to use and to which any dApp can join. Protocol-based DApps can access public liquidity funds or create their own liquidity funds and incur transaction costs for the resulting volume. The protocol has no opinion: it does not impose costs on its users or take any value from one group of users for the benefit of another. Decentralized management is used to seamlessly and securely integrate updates into the base protocol without disrupting dApps or end users.
For more information, see 0x whitepaper https://0xproject.com/pdfs/0x_white_paper.pdf
Another 0x facts
Management: centralized> hierarchical
Open source: Yes
Product status: Fully functional product
Consensus method: Sorry, we do not have this data.
Emission rate: No new tokens have been created
Transactions per second: Unfortunately we do not have this data.
Total bid: 1,000,000,000
Release Date: 2017-08-15