0x (ZRX) is a protocol that allows for decentralized exchange of tokens and assets issued on the Ethereum blockchain. Developers can use 0x to create their own applications for cryptocurrency exchange with a wide range of functions, for example, the ability to conduct over-the-counter trading of tokens issued on the Ethereum blockchain. Token 0x (ZRX) is used makers and takurami to transfer commissions to release. The ZRX tokens are also used to implement a decentralized management of the 0x protocol update mechanism, which allows for the replacement and improvement of the underlying smart contracts.
bitcoin wiki contributors. (2019, February 28). 0x (ZRX). In bitcoin wiki, The Free Cryptocurrency Encyclopedia. Retrieved 13:13, March 3, 2019, from https://en.bitcoinwiki.org/index.php?title=0x&oldid=361551