ZRX 0x protocol

in #blockchain • 6 years ago

What is the 0x Protocol (ZRX)?
0x is an open protocol that allows any ERC20 token to be traded on the Ethereum blockchain which will be used to build a decentralized exchange. 0x aims to make token trading with off-chain transactions more efficient by running smart contracts on the Ethereum blockchain. Since Oct 2016. 0x's trading uses an off-chain ordering relay that lowers Gas prices and reduces traffic bottlenecks. 0x protocol aims to improve DEX's by combining off-chain ordering relays with on chain payments. image

6 years ago in #blockchain by
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