The 0x (pronounced “Zero-X”) Project is an open, permissionless and decentralized exchange protocol for the Ethereum blockchain. It allows Ethereum ERC20 tokens (other digital currencies) to be traded directly within the Ethereum blockchain as opposed to them being traded through a centralized exchange such as Binance, Bittrex, Kucoin, etc…
The 0x development team is betting that not only will Ethereum become even more popular as a cryptocurrency in the future, but that thousands of tokens will be built on top of it. Through 0x, everyone will be able to trade those tokens efficiently and securely.
Unlike other decentralized exchange protocols, 0x eliminates most of the unnecessary transaction fees because it doesn’t require everyone to pay a fee when an interaction on the exchange happens. A fee is required only when a transaction is settled.
The 0x protocol comes with its own ZRX Ethereum token, and those who own these tokens can control what type of upgrades the protocol will receive in the future. Settlement fees can also be paid in ZRX tokens.
Max Supply: 1,000,000,000
Circulating Supply: 551,317,531
Total Supply: 1,000,000,000
Cryptographic Algorithm: Ethash
Issue Date : 2017-08-17
Source Code: https://github.com/0xProject/0
Issue Price: $0.048000
White Paper: https://resource.bnbstatic.com/books/20180205/1517837358552.pdf
Consensus Protocol: POW
Explorer 1: https://etherscan.io/token/ZRX
Explorer 2: https://trivial.co/t/0xe41d2489571d322189246dafa5ebde1f4699f498
Explorer 3: https://tokntalk.club/clubs/ZRX