An open standard exchange protocol for ERC20
0x is a startup seeking to create and deploy a new, secure, trustless' and feeless exchange for Ethereum ERC20 contracts and tokens.Currently, there are two types of exchanges in the market with differing problems:
1) Centralized Exchanges such as Poloniex, Coinbase and GDAX which are susceptible to security flaws, traffic spikes, and significant fees; and
2) Decentralized Exchanges such as EtherDelta or Maker Market which are slow due to everything being stored entirely on the blockchain
The 0x project aims to deploy a platform agnostic hybrid of both exchange processes; using off chain order relay combined with on-chain settlement to create a new and efficient standard in the market.
To read the full report - click here:
https://picoloresearch.com/22/0x-project-zrx Okay, great. So why do they need to sell us tokens again? What do the tokens actually do? This is not a cryptocurrency. Why are we giving it monetary value as if it were?