## 0x (ZRX) क्या है?

0x एक अवसंरचना प्रोटोकॉल है जो कि उपयोगकर्ताओं को आसानी से ERC20 टोकन और [एथेरियम](https://coinmarketcap.com/hi/currencies/ethereum/) ब्लॉकचैन पर बनी अन्य परिसंपत्तियों में पारंपरिक प्रकार के केंद्रीकृत [क्रिप्टोकरेंसी](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies) एक्सचेंजों पर निर्भर रहे बिना, आसानी से व्यापार करने की क्षमता देता है।

0x खुले स्रोत, सार्वजनिक रूप से लेखापरीक्षा योग्य [स्मार्ट कॉन्ट्रेक्ट](https://coinmarketcap.com/alexandria/glossary/smart-contract) के संग्रह का उपयोग करके इस विकेन्द्रीकृत विनिमय कार्यक्षमता को प्राप्त करता है। यह स्मार्ट कॉन्ट्रेक्ट मिलकर एक लचीला, और कम-घर्षण वाला ट्रेडिंग प्रोटोकॉल बनाते हैं जिसे डेवलपर्स आसानी से अपने उत्पादों में शामिल कर सकते हैं।

यह प्रोटोकॉल एक ERC20 उपयोगिता टोकन द्वारा संचालित है जिसे ZRX के रूप में जाना जाता है। नोड्स (जिन्हें रिलेयर भी कहा जाता है) जो एक ऑफ-चैन ऑर्डर बुक होस्ट करते हैं और उपयोगकर्ता-मुखी एप्लीकेशन्स ऑफर करते हैं जो इस जानकारी को दिखाते हैं और उपयोगकर्ताओं को लेनदेन बनाने, भरने और रद्द करने की क्षमता देता हैं, उन नोड्स ZRX टोकन में भुगतान किया जाता है (ट्रेडिंग शुल्क के रूप में)। ZRX का उपयोग प्लेटफ़ॉर्म के शासन में भाग लेने के लिए भी किया जा सकता है, इससे धारकों को प्रोटोकॉल में बदलाव का सुझाव देने और वोट करने में मदद मिलती है।

2019 में, 0x ने ZRX टोकन की पूरी जांच करके मरम्मत करने की [घोषणा](https://blog.0xproject.com/0x-roadmap-2019-part-4-proposal-for-stake-based-liquidity-incentive-52c16558df29) करी, अतिरिक्त कार्यक्षमता को जोड़ते हुए, ZRX धारकों को अपनी वोटिंग क्षमता को बनाए रखते हुए निष्क्रिय पुरस्कार अर्जित करने के लिए एक मार्केट मेकर को अपनी हिस्सेदारी सौंपने की अनुमति दी।

### 0x के संस्थापक कौन हैं?

0x की स्थापना 2016 में विल वॉरेन और आमिर बंदेली ने की थी। यह दो सह-संस्थापक अभी भी प्लेटफॉर्म से जुड़े हुए हैं, विल वॉरेन 0x के सीईओ के रूप में और अमीर बंदेली इसके सीटीओ हैं।

प्लेटफ़ॉर्म 2017 में एक सफल प्रारंभिक सिक्का पेशकश ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) के बाद लॉन्च हुआ, जिसके दौरान इसने कुल $24 मिलियन जुटाए — जिसमें पॉलीचैन कैपिटल, पैन्टेरा कैपिटल और एफबीजी कैपिटल सहित प्रमुख निवेश फर्मों का समर्थन भी शामिल था।

ICO की बिक्री से पहले, वॉरेन ने कई शोध भूमिकाओं में काम किया और संक्षेप में [बेसिक अटेंशन टोकन (BAT)](https://coinmarketcap.com/hi/currencies/basic-attention-token/) के तकनीकी सलाहकार की भूमिका निभाई। दूसरी ओर, बंदेली ने इलिनोइ विश्वविद्यालय से वित्त के विषय में बीएससी के साथ स्नातक की उपाधि प्राप्त की और 0x के सह-स्थापना करने से पहले कई व्यापारिक पदों पर रहे।

अब टीम 30 से अधिक व्यक्तियों से बनी हैं, जिसमें इंजीनियर, शोधकर्ता और डिजाइनर शामिल हैं, जो प्लेटफॉर्म को अपडेट करने और इसे सुचारू रूप से चलाने के लिए काम करते हैं।

### वह क्या है जो 0x को खास बनाता है?

कई अन्य एथेरियम विकेन्द्रीकृत विनिमय प्रोटोकॉल के विपरीत, 0x प्रतिमोच्य (ERC 20) और अपूरणीय (ERC -723) दोनों प्रकार के टोकनों का समर्थन करता है। इसका मतलब यह है कि इसका उपयोग परिसंपत्तियों की एक विस्तृत श्रृंखला के बिना अनुमति के व्यापार के लिए किया जा सकता है, जिससे धारकों को एक दर्जन से अधिक विभिन्न एप के माध्यम से एथेरियम परिसंपत्तियों के विशाल बहुमत को खरीदने, बेचने और उनका विनिमय करने का एक तरीका मिलता है।

0x प्रोटोकॉल को उपयोग के मामलों की एक विस्तृत श्रृंखला पर लागू किया जा सकता है, जिसमें डिजिटल सामान और सेवाओं के लिए ईबे जैसी कोई मार्केटप्लेस, ओटीसी ट्रेडिंग डेस्क, DeFi प्रोटोकॉल के लिए विनिमयन कार्यक्षमता और सादे-पुराने विकेन्द्रीकृत एक्सचेंज शामिल हैं।

हालांकि 0x का उपयोग अत्यधिक लचीले विनिमय उत्पादों के निर्माण के लिए किया जा सकता है, इसे उन उत्पादों में भी बनाया जा सकता है जहां परिसंपत्ति विनिमय एक माध्यमिक विशेषता है — जैसे कि इन-गेम खरीदारी और पोर्टफोलियो प्रबंधन प्लेटफॉर्म के लिए।

0x प्रोटोकॉल पर, तरलता लेने वाले प्रतिभागी, ZRX टोकन के रूप में शुल्क का भुगतान करते हैं – इस शुल्क का उपयोग मार्केट मेकर (रिलेयर) तरलता को प्रोत्साहित करने के लिए किया जाता है। उपयोगकर्ताओं को एथेरियम (ETH) के रूप में एक प्रोटोकॉल शुल्क का भुगतान करने की भी आवश्यकता होती है, जिसका उपयोग उनके द्वारा पूर्ण किए गए किसी भी लेनदेन में उपयोग की जाने वाली गैस के भुगतान के लिए किया जाता है। एक खुले-स्रोत वाले प्रोटोकॉल होने के रूप में, 0x को इस राजस्व का कोई हिस्सा नहीं मिलता है, और इसके बजाय यह इसकी प्रारंभिक ICO फंडिंग के साथ ZRX टोकन द्वारा समर्थित है जो टीम और डेवलपर प्रोत्साहन के रूप में अनलॉक होते हैं।

### संबन्धित पेज

[युनिस्वैप (UNI)](https://coinmarketcap.com/hi/currencies/uniswap/) के बारे में जानें — 0x का एक आधुनिक विकल्प।

एक शुरुआती के रूप मे युनिस्वैप का उपयोग करना सीखने के लिए [यहाँ](https://coinmarketcap.com/alexandria/article/how-to-use-uniswap) क्लिक करें।

[फेरम नेटवर्क (FRM)](https://coinmarketcap.com/hi/currencies/ferrum-network/) देखें — ब्लॉकचैन-आधारित वित्तीय उत्पादों के निर्माण के लिए उपयोग किया जाने वाला एक प्लेटफॉर्म।[](https://coinmarketcap.com/hi/currencies/ferrum-network/)

[CoinMarketCap ब्लॉग](https://blog.coinmarketcap.com/) के साथ नवीनतम समाचारों से सूचित रहें।

### 0x (ZRX) के कितने सिक्के प्रचलन में हैं?

कई डिजिटल परिसंपत्तियों की तरह, ZRX टोकन की एक निश्चित अधिकतम आपूर्ति है जिसे कभी भी पार नहीं किया जाएगा। यह 1 बिलियन ZRX पर सेट है। अभी, इस अधिकतम आपूर्ति का लगभग तीन चौथाई पहले से ही प्रचलन में है, और इसका एक छोटा सा अंश ही पुरस्कारों के लिए बंद है।

कई प्रोटोकॉल के विपरीत, 0x ने कभी भी नए ZRX टोकन के लिए उत्सर्जन दर का सार्वजनिक रूप से वर्णन नहीं किया है, जिससे यह कहना मुश्किल हो जाता है कि परिसंचारी आपूर्ति के पूरी तरह से तरल होने में कितना समय लगेगा। लेकिन अगस्त 2017 में टोकन लॉन्च के समय परिसंचारी आपूर्ति का 50% और अक्टूबर 2020 तक आपूर्ति का 75% जारी होने के साथ, यह इंगित करता है कि यह 2020 की शुरुआत में पूर्ण तरलता प्राप्त कर सकता है।

0x CEO विल वॉरेन की [शुरुआती ब्लॉग प्रविष्टि](https://blog.0xproject.com/announcing-the-0x-token-zrx-launch-d4c097d893c7) के अनुसार, 2017 ICO में ZRX टोकन की कुल आपूर्ति का आधा हिस्सा निवेशकों को बेचा गया था, जबकि 15% प्रत्येक 0x कोर डेवलपमेंट ऑर्गनाइजेशन और बाहरी प्रोजेक्ट डेवलपमेंट फंड के लिए आरक्षित है, और अतीरिक्त 10 % चार साल के निहित शेड्यूल और एक साल की क्लिफ़ के साथ संस्थापक टीम के लिए आरक्षित है, और शेष 10% शुरुआती समर्थकों और सलाहकारों के लिए रखा गया है।

### 0x नेटवर्क कैसे सुरक्षित है?

0x एथेरियम ब्लॉकचैन पर बनाया गया है। नतीजतन, इसकी सुरक्षा एथेरियम माइनर और नोड के विशालकाय नेटवर्क के संयुक्त प्रयासों द्वारा की जाती है।

यदि बात अंतर्निहित स्मार्ट कॉन्ट्रेक्ट की करी जाये, तो प्रोटोकॉल के संस्करण 3 का ऑडिट कई तृतीय पक्ष फर्मों द्वारा किया गया है, जिन्होंने यह देखने के लिए जाँच की कि क्या कोई अंतर्निहित कमजोरियाँ, पीछे के दरवाजे और कोई अनावश्यक कार्य हैं या नहीं, इन जांच करने वाली फर्मों में [ConsenSys Diligence](https://diligence.consensys.net/audits/2019/09/0x-v3-exchange/) शामिल थी – कोई बड़ी समस्या नहीं मिली।

हालाँकि, v2.0 स्मार्ट कॉन्ट्रेक्ट में एक भेद्यता पाई गई थी, जिसे बाद में 0x कोर टीम द्वारा ठीक किया गया था। इस भेद्यता का [पता](https://blog.0xproject.com/shut-down-of-0x-exchange-v2-0-contract-and-migration-to-patched-version-6185097a1f39)एक स्वतंत्र शोधकर्ता ने लगाया था और इसका कोई शोषण नहीं किया गया था। 0x एक बड़ी बग बाउंटी अभी भी संचालित करता है, ताकि किसी भी समस्या का शोषण होने से पहले ही उसका पता चल जाने और उसके ठीक हो जाने में मदद मिल सके।

### आप 0x (ZRX) कहाँ से खरीद सकते हैं?

ZRX वर्तमान में 200 से अधिक विभिन्न एक्सचेंज प्लेटफॉर्म पर ट्रेड करने के लिए उपलब्ध है, लेकिन इनमें से लोकप्रिय एक्सचेंजों में [कोइनबेस प्रो](https://coinmarketcap.com/hi/exchanges/coinbase-pro/), [बाइनेंस](https://coinmarketcap.com/hi/exchanges/binance/) और [BitMax](https://coinmarketcap.com/hi/exchanges/bitmax/) शामिल हैं। यह वर्तमान में बिटकॉइन (BTC), टीथर (USDT) और एथेरियम (ETH) सहित कई अन्य क्रिप्टोकरेंसी के साथ-साथ यूएस डॉलर (USD), यूरो (EUR) और दक्षिण कोरियाई वोन (KRW) सहित कई फिएट मुद्राओं के खिलाफ कारोबार किया जा सकता है। (केआरडब्ल्यू)।

अपने फिएट मुद्रा को क्रिप्टो में बदलना चाहते हैं? [जानिए कैसे](https://coinmarketcap.com/how-to-buy-bitcoin/)।

Outstanding allowances on upgradable smart contracts expose 

0x v2 fully eliminates allowance risk by baking in protection at the ground level using the latest innovations in limited token approvals ✅

2/ Still today, it’s laborious and gas-expensive to manage allowances, requiring users to constantly audit approvals with tools like 

 million has been stolen in approval exploits since 2020 🤯 

3/ A security vulnerability can strike at any time and affect even the best of teams.

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4/ 0x v2 does just that - single-use approvals eliminate allowance risk and protect your users and your reputation ✅

Book a v2 onboarding session to get early access: 

Welcome to 0x Protocol's Community channel aggregated by CoinMarketCap.

Are your users at risk?  👀

Outstanding allowances on upgradable smart contracts expose $6.5B.

0x v2 fully eliminates allowance risk by baking in protection at the ground level using the latest innovations in limited token approvals ✅

Learn how 👇
https://go.0x.org/0x-v2-eliminate-allowance-risk
2/ Still today, it’s laborious and gas-expensive to manage allowances, requiring users to constantly audit approvals with tools like http://revoke.cash or risk losing their tokens.

Over $405 million has been stolen in approval exploits since 2020 🤯 
3/ A security vulnerability can strike at any time and affect even the best of teams.

In order to protect users and keep funds safe, we need to fundamentally reconsider the dapp allowance model by avoiding the infinite approval pattern altogether.
4/ 0x v2 does just that - single-use approvals eliminate allowance risk and protect your users and your reputation ✅

With 0x v2, you don't have to trust us. 
5/ Ready to get serious?

Book a v2 onboarding session to get early access: https://go.0x.org/get-early-access-v2

Learn more about Permit2: https://go.0x.org/0x-v2-eliminate-allowance-risk

Introducing 0x’s next-gen pricing engine 💥

Serious liquidity. Serious routing. Serious security. Welcome to 0x v2.

2/ Onchain liquidity has become increasingly fragmented, adding complexity to the problem of routing value across Web3.

And if you're building a serious business, focusing solely on offering users the "best price" isn’t enough - how do swaps fit into your business holistically?

3/ 0x v2 is the next-generation trading engine for serious onchain teams 💥

Offer your users the most seamless swap experience at the best all-in prices with:

🛡️ Enhanced security baked in at the ground level 

4/ Advanced routing for every trade size 🔀

Built to optimize for execution quality, v2 identifies the route expected to yield the best all-in price across all pairs and trade sizes at lightning fast speed.

v2 outperforms the competition at every trade size ⚡️ 

v2’s all-new set of smart contracts fully eliminates allowance risk and bakes in protection at the ground level with Permit2. 

6/ Take control of your balance sheet 📈

Customers have already generated millions of dollars in revenue from swaps thanks to 0x’s swap fee feature.

Now, you can control exactly which tokens to collect fees in, including both buy AND sell tokens, saving you time and money. 

We’re opening beta spots for 0x v2 starting today. Book a v2 onboarding meeting to get early access: 

Introducing 0x’s next-gen pricing engine 💥

Serious liquidity. Serious routing. Serious security. Welcome to 0x v2.

Dive in 🧵👇
https://go.0x.org/0x-v2-pricing-engine 
2/ Onchain liquidity has become increasingly fragmented, adding complexity to the problem of routing value across Web3.

And if you're building a serious business, focusing solely on offering users the "best price" isn’t enough - how do swaps fit into your business holistically?
3/ 0x v2 is the next-generation trading engine for serious onchain teams 💥

Offer your users the most seamless swap experience at the best all-in prices with:

🔀 Optimal trade execution
💸 Powerful new monetization controls
🛡️ Enhanced security baked in at the ground level 
4/ Advanced routing for every trade size 🔀

Built to optimize for execution quality, v2 identifies the route expected to yield the best all-in price across all pairs and trade sizes at lightning fast speed.

v2 outperforms the competition at every trade size ⚡️ 
5/ Eliminate allowance exposure 🛡️

Outstanding allowances on upgradable smart contracts expose $6.5B for the top 20 tokens, according to @dedaub ⚠️

v2’s all-new set of smart contracts fully eliminates allowance risk and bakes in protection at the ground level with Permit2. 
6/ Take control of your balance sheet 📈

Customers have already generated millions of dollars in revenue from swaps thanks to 0x’s swap fee feature.

Now, you can control exactly which tokens to collect fees in, including both buy AND sell tokens, saving you time and money. 
7/ What else is coming in v2

✅ Deeper token coverage
✅ Lightning fast liquidity integration
✅ Fee-on-transfer token support
✅ Improved error handling
✅ Enhanced error validation
8/ Are you ready to get serious?

We’re opening beta spots for 0x v2 starting today. Book a v2 onboarding meeting to get early access: https://go.0x.org/get-early-access-v2

Learn more about v2 👇
https://go.0x.org/introducing-0x-v2-pricing-engine-c

Learn how 0x can help support you on your journey towards building a sustainable Web3 business 💸👇

Monetizing your products? 

Learn how 0x can help support you on your journey towards building a sustainable Web3 business 💸👇

https://0x.org/post/monetize-crypto-trading-in-your-app-with-swap-api

A Deep Dive Into How the Top 10 DAOs Work

Binance

0x Protocol

Ledger

Coinbase

Trust Wallet

MetaMask

Atomic wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Pepe

Basic Attention Token

Rocket Pool

Holo

dYdX (ethDYDX)

ether.fi

Arkham

Golem

Echelon Prime

OriginTrail

ssv.network

Privapp Network

lmeow

Big Mike

Universal ETH

OmniCat

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Bancor

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.

Tezos

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.

EOS is the market's most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators. EOS is fully decentralized power doesn't reside in the hands of block miners, but rather all parties involved in the EOS Network.

The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.

Celo is a carbon-negative, permissionless, blockchain with a rich ecosystem of global partners building innovative Web3 dapps to support a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo platform), CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that allow for real-world users to use digital assets. The open source Celo mainnet launched on Earth Day 2020.  The Celo community passed an indicative on-chain governance proposal (temperature check) to have Celo migrate to an Ethereum layer-2.  Google Cloud, Deutsche Telekom, Telefonica, and many others run validators on the Celo Platform.  Today, the Platform supports 1,000+ projects in over 150 countries are building on Celo to, helping to create the conditions of prosperity for all.  For more information, please visit Celo.org.

Celo

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.

Qtum

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.

Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Zcash

Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.

In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.

Two years later, an updated white paper was published. Here, a decentralized network  — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.

People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.

Storj

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.