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Everything you need to know about the booming 0x protocol - Bitfeu

 In this Presentation, we have explained 0x Protocol. This Protocol allowing for ERC-20 tokens to be traded on the Ethereum blockchain.Wants to start trading in ZRX protocol visit: https://www.bitfeu.com/

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Everything you need to know about the booming 0x protocol - Bitfeu

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  1. What is 0x Protocol & How it works?

  2. 0x protocol ➢ 0x is a decentralized exchange protocol that provides the exchange of Ethereum based assets. ➢ 0x protocol allows ethereum smart contracts to Ethereum based assets. ➢ Its essentially a decentralized ethereum token trading platforms for developers to build exchanges on top and then users to use those exchange.

  3. How does it work? ➢ 0x supports all Ethereum based assets that adhere to the ERC20 token standard. ➢ Cross-blockchain solutions such as Cosmos Polkadot and other cryptocurrencies to be supported as well.

  4. 0x Protocol- Use Cases ➢ It has the efficiency of state channels transactions off the main block-chain via signed messages between users. ➢ It is the best in the world: because of centralized and decentralized exchange. ➢ It has the fast settlement of on chain order books.

  5. 0x Protocol- (Transaction Fees) ➢ 0x protocol does not require transaction fees but it will have supporting fees as there are costs associated with running exchanges and hosting a live order book. ➢ Supporting fees will allow exchanges to charge transaction fees on trading activity-fees will be set up by exchanges and should be competitive. ➢ Tokens will be for decentralized governance over the 0x protocol.

  6. 0x Protocol- Founder ➢ Will Warren is the CO-FOUNDER & Chief Executive Officer (CEO) of 0x Protocol. ➢ Amir Bandeali is the Co-founder & Chief Technical Officer (CTO) of 0x Protocol.

  7. 0x Protocol- Token details ➢ ZRX Tokens (ERC 20 token) ➢ Maximum supply: 1 billion tokens ➢ 500 million – ICO ➢ 150 million – retailed by 0x ➢ 150 million – founding team ➢ 100 million – investors and advisors ➢ 100 million – developer fund ➔No mining tokens available straight away.

  8. 0x Protocol- Advantages ➢ Working test product, working java library and great documentation ➢ Solid roadmap ➢ Ico distribution system seems fair ➢ Several partnerships

  9. 0x Protocol- Disadvantages ➢ Currently small team ➢ Only 50% of tokens distributed in the ICO

  10. Thank You! Visit Us: www.bitfeu.com Follow Us on:

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