r/0xProject • • Oct 25 '17

One big pitfall for DEXs

0 Upvotes

In the current model of how DEXs are envisioned, they are these beautiful, unstoppable mechanisms where anyone can trade. And there won't be any KYC restrictions since, duh... these are decentralized exchanges.

But how confident are we that regulators will not place some sort a KYC requirement even on decentralized exchanges? Have this topic been thoroughly discussed before?

I mean, the whole point of KYC (or at least the stated main goal) is to prevent money laundering, terrorist funding, and other nefarious activities. If DEXs are suddenly going to become popular, and large amounts of value start going through them, do you think regulators/law makers will just say "oh it's a DEX so we should just let it be"? I think there is a real political/regulatory risk here that regulators will put in some sort of a KYC burden on DEXs.

Could they seriously enforce these requirements? They can definitely force the DEXs and the people who provide the protocol to play ball and setup KYC checkpoints.

As I said, maybe this has been already thoroughly discussed... if so please post some links.


r/0xProject • • May 28 '18

when will the mainnet be released?

1 Upvotes

r/0xProject • • Apr 16 '18

Just earned 100 HOT after completing my first trade on ddex.

0 Upvotes

DDEX.IO started New User Trading Rewards Program. Go to https://ddex.io/task!, to start earning HOT now!


r/0xProject • • Oct 24 '17

How does ZRX retain value?

0 Upvotes

DUMBO HERE YALL!

How does ZRX retain value? The response, "The more users that use the token the more it goes up in value", does not help me. Is it possible to explain to a laymen why this token should naturally appreciate in value as the network grows? Vitalik wrote a post recently about how most ICO tokens are useless. What makes ZRX different?


r/0xProject • • Feb 26 '19

ethscan charging 1% of trading fee via instantlive?

0 Upvotes

is that true?

if yes, what were you thinking?

is that some kind of joke?

you said you will work on liquidity this year? well with 1% fees I can assure you, you won't


r/0xProject • • Aug 15 '17

Researchers Find Issues With 0x, The Latest Etherem-Based Project Aiming To Raise Millions In An ICO

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7 Upvotes

r/0xProject • • Nov 27 '17

0x drops 6% again for no apparent reason at all.

2 Upvotes

I am beginning to think this Token is being purposely manipulated and held in the $0.20 range by exchanges themselves (Ethfinex/Bitfinex ?). Am I being paranoid. Would it help an exchange to keep this price low ?


r/0xProject • • Apr 22 '18

Maker cancel tx

0 Upvotes

When a maker wants to cancel his/her order, does the Maker has to Cancel the order on-chain or is there also a trustless way in 0x do cancel it off-chain?


r/0xProject • • Mar 21 '18

Komodo (KMD) VS. 0X (ZRX)

1 Upvotes

Can anyone enlighten me on the difference between Komodo and ZRX from the perspective of decentralized exchanges.

They both do it, who's better and why ?

Not trying to spread FUD. Disclosure: I own zrx.


r/0xProject • • Dec 24 '17

We're taking over the commodities market too right guys?

0 Upvotes

We're going to be taking on the traditional commodities market too once all assets become tokenized on the block chain right guys? (oil lumber etc.)

I mean since the trend is that assets are being tokenized on the blockchain and 0x can make relayers that operate with separate orderbooks like cryptokitties n shit

Otherwise Chaintrade is going to dominate that sphere https://www.businesswire.com/news/home/20171109005953/en/Crypto-Investors-Boost-ChainTrade-Commodities-Exchange


r/0xProject • • Sep 01 '17

Why Did the Radar Launch Fail

1 Upvotes

Slack is down and no updates? Very poor execution and communication from this company right now.


r/0xProject • • Sep 04 '17

ZRX price comparison -> Etherdelta vs poloniex

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1 Upvotes

r/0xProject • • Jul 24 '21

0

0 Upvotes

r/0xProject • • Apr 06 '18

Why 0x is not as trustless as it may seem

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cryptoflash.io
0 Upvotes

r/0xProject • • Dec 02 '17

Coinbade/GDAX hints using 0x! This would be huge!

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13 Upvotes

r/0xProject • • Nov 16 '19

When will ZRX swap to mainnet? (it is currently an erc20 token, right?)

0 Upvotes

And when it swaps to 0x mainnet, when will be the procedure to convert ZRX ERC20 tokens held on the ETH chain?


r/0xProject • • May 24 '18

Can 0x be successful without a native token and instead, just use Ethers?

2 Upvotes

I recently reviewed Dharma Project, which is a smart contract protocol for loans. The project doesn't use any native tokens and just uses Ethers for payment.

Curious to know why 0x cannot take the same approach. Why does 0x need to have its own native token?


r/0xProject • • Aug 16 '17

Buying 31.5M ZRX for 7016.5 ETH (x-post /r/tokentrade)

1 Upvotes

This is an offer to buy ZRX tokens for an almost 32% premium over the crowdsale price using 0x's OTC trading app. We're taking up to about 7000 eth worth.

Here is the link.


r/0xProject • • Dec 23 '17

Unsustainable Gas Prices

1 Upvotes

I have just tried to use Radar Relay after switching from ED after the hack, but the gas prices for every simple instruction is a huge turn off. I am burning $1.50 simply to enable a coin for trading or to cancel an order? (Which didn't even update as canceled?)

Why would anyone use these exchanges with such exorbitant fees? This is with ZRX trading fees disabled, as well. Is there a solution?


r/0xProject • • May 09 '18

Recent analysis of DEX trading volume

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8 Upvotes

r/0xProject • • Sep 13 '26

reminder regarding the impending series c funding ⌛

0 Upvotes

As stated in previous post 0x project is a creation of the CIA run by satanist's, the series c funding which will involve tesla spacex jimmy donaldson aka mrbeast and muskrat himself should occur today according to me.

It will be settled in bitcoin and the funding amount will exceed 1 billion $ in terms of BTC probably around 14.000-16.000 the funding amount of tesla probably overweighs the one of spacex a little

this is a clear warning never ever interact with the 0x protocol and their smart contracts.. its a trap their logo already is telling its a spinning blackhole usurping the current financial system with the goal to collapse it this causes a domino effect killing the global financial system around 2032-2033

the fake purchase of muskrat purchasing twitter from canaanite dorsey was planed before twitter was even invented

All of you were given 9 years to participate just like people were given the chance with fb google nvidia etc..

⌛⌛⌛


r/0xProject • • May 24 '18

How Can We Enforce "Governance"?

0 Upvotes

I understand governance in concept but how would it work in practice? Will options be plugged into the code ahead of time?

Meaning - what if I wanted everyone to take a "vote" on whether or not to increase the inflation rate of the token (as an example).

Would we all "vote" and then who would implement the new code? How would we trust that they would follow the winning vote?


r/0xProject • • Aug 14 '17

What do we get back from our investments ?

0 Upvotes

With the token not going to exchanges i'm wondering what i will get back on my investments this bit kind of scares me off

"The ZRX token is not intended to be a speculative investment, rather we are selling it to people that plan on using it within 0x protocol to fund trading activity or for participation in decentralized governance."

It's very nice to have tokens for trading activity but i also like to see my investments to increase in value that is the sole purpose to invest on a ICO (in my, and i think allot of cases)

so to be clear: the tokens will not be tradable on exchanges ? the tokens are pure "gas" for trading between alts using your technology?

thanks you for reading


r/0xProject • • Aug 18 '17

Question: is ZRX Token useless by design?

0 Upvotes

I am considering purchasing ZRX tokens and getting deeper into the community -- especially the development community -- surrounding the 0xproject. It seems very interesting to me, and a lot of fun. However, I'm confused about one thing: It says that exchanges that implement the 0x protocol set transaction fees (paid in ZRX) and that these transaction fees are at the sole discretion of the implementation. If that is the case, won't we see a race to the bottom where exchanges implementing the 0x protocol have incentive to eventually simply not charge any zrx transaction fee at all?


r/0xProject • • Aug 16 '17

Buying unused ZRX day 1 allowance

0 Upvotes

Heya,

Did you only have a few ETH to buy the ICO? Don't want to deal with the mess of having to flip between Etherdelta? Didn't have any ETH and just signed up for fun?

I'm offering to buy any remaining ICO allowance that you might have. The rate can be discussed in private. Other trade and trust specifics can be discussed via PM.

This is not a trustless process, but I have a good track record doing many real money trades on Reddit and Steam. Can provide links if requested.

Please PM me to discuss. I'll reply swiftly.

Thanks!