High conviction 'Buy' on 0x Project (ZRX) by Picolo Research

[picoloresearch]

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

[starblocks]

Has this ICO begun yet and how much do you get per ETH invested? Also to apply for it what do you need to submit is it full KYC/AML compliant?

[oaks05]

https://www.forbes.com/sites/amycastor/2017/08/15/researchers-find-issues-with-0x-the-latest-etherem-based-project-aiming-to-raise-millions-in-an-ico/#742a8b2347c7


read this article about this ico today hopefully they can fix this issue.

[VanDeinsberg12]

https://www.forbes.com/sites/amycastor/2017/08/15/researchers-find-issues-with-0x-the-latest-etherem-based-project-aiming-to-raise-millions-in-an-ico/#742a8b2347c7


read this article about this ico today hopefully they can fix this issue.

I've read it, It seems the code still unclear and need the the more improvisation. But i just want to hear the reply from the team about the critize by a good blockchain researcher.
That makes the team can build the strong code in the future.

[vuvanle120]

ZRX was extremely hyped today. Do you think it is possible for it to hit .5 if they are traded on exchange like Bittrex?

[picoloresearch]

Yes. you need to HODL

[JustCauseBIH]

0.5$? Mate, this project will hit 3-5$ in next 6 months.

[starblocks]

I just noticed this was on an exchange and on coin market cap within hours of the ICO ending which is crazy

I haven't seen anything appear that quickly before

[picoloresearch]

It's predominantly Over The Counter (OTC) markets that are trading it at this point in time.

[forcrypto]

I just noticed this was on an exchange and on coin market cap within hours of the ICO ending which is crazy

I haven't seen anything appear that quickly before

Already on Poloniex. Made it out big time right when it hit. First time in awhile since I caught a new coin added.

[Fantum]

A billion 0x tokens and it's trading at 200k satoshis. Seems a little high? I tried connecting to their exchange, first thing I realized it's a little complicated and takes some reading up on how to get it functioning. Pasting scripts and such. What is all the hype about owning the token? So you can vote on how the network runs, and to pay trading fees. But won't the fees be fixed? If the token is worth more doesn't mean the fees are more.

[tyuner4]

0x is trading at $0.50 in poloniex now. Is it worth buying at this price?

[Thinvestor]

0x is trading at $0.50 in poloniex now. Is it worth buying at this price?

No, it will crash. Give it a day or two to settle.

[DontTouchMyCoin]

The idea and amount of transactions ZRX could be involved makes the coin a winner. I'm holding mine but if a crash were to happen, I would stock more. It's unlikely though.

[sirsplashalot]

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?

[DarrrkAGeSss]

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?

1) Maker and Takers will pay fee in ZRX to Relayers (exchanges on 0x) for using its off-chain order book. Looks like first Relayer will be that guys https://radarrelay.com/
And very likely Ethfinex will use 0x protocol, as they mentioned in whitepapper.
2) Decentralized governance over 0x protocol update mechanism
You should also read this https://medium.com/@RadarRelay/on-radar-and-relayers-30423f506587

[Simon732]

yoooo tell me more about that 'high conviction buy' you were talking about. How's that going?