1 / 10

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/

bitfeu
Download Presentation

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

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  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:

More Related