What is 0x? | Ethereum DEX | Solidity | 0x Crypto

MarketSquare
What is 0x? In this 0x intro video, watch this 0x explainer. We get right to the point in this short 0x video. Check out this 0x overview on MarketSquare, the new homepage for the decentralized Web. — Discover more projects, businesses, and applications in Blockchain, and get your free MarketSquare account at o — Follow us on Twitter at @ HelloMSQ and join our Discord at d — Learn more about 0x at / — What is 0x? | Ethereum DEX | Solidity | 0x Crypto — #0x #0xToken #marketsquare — Legal Details: This video and the information expressed herein does not constitute financial advice nor a solicitation for an investment. Videos on partners, topics, or news do not indicate an endorsement from MarketSquare, ARK.io, or any of our affiliates. Always do your own research.

Let’s learn about 0x, an open protocol for decentralized exchange on the Ethereum Blockchain. 0x aims to create ‘a tokenized world where all value can flow freely.’ As time goes by, more equities, bonds, real estate, and physical assets are getting tokenized.

They’re being converted into digital tokens that exist on a Blockchain. This is advantageous because people all over the world can buy into such assets and hold partial or complete ownership over them with no roadblocks or third parties.

0x acts as the underlying infrastructure for financial applications and instruments that are merging with Blockchain technology. 0x uses schemas and smart contracts, allowing for the quick and easy trading of digital assets and tokens.

The 0x Protocol is written in the Solidity programming language, which is the native programming language developers use for Ethereum smart contracts. It essentially integrates two effective strategies: State Channels and Automated Market Markers.

State channels exist to offload transactions from the network, reducing network fees. Automated Market Makers introduce a protocol-level third party to take over liquidity if certain conditions are met.

To compliment 0x Protocol’s offerings which include tools like 0X Mesh, 0x API, and 0x Instant, 0x also has Matcha, which is a liquidity source aggregator, searching and hunting for the best rates when making trades.

With Matcha, users can execute trades from directly within their own wallets, and there is no need to sign up for anything. There are zero trading limits, and no deposit fees, and no withdrawal fees.

Pretty cool. The token of the 0x Protocol is ZRX. It’s used to develop trading apps, pay relayer fees, and join in on governance decisions. You’re watching the video channel of MarketSquare, the new homepage for the decentralized Web.

Follow us and subscribe, join our Discord, and get your free account at MarketSquare.io. See you next time!