What is ZRX in Chinese (What is ZCX Coin)
In Chinese, ZRX is called ZXX according to official sources. Specifically, ZRX
In Chinese, ZRX is called ZXX according to official sources. Specifically, ZRX is used to replace Bitcoin transaction fees, which means zero transaction fees.
In the domestic market, ZRX is also used because it has advantages such as anonymity, transferability, and decentralization. Additionally, there is also Ripple as an open-source project. It is reported that currently, over one million users worldwide are participating in DeFi applications based on blockchain technology, such as DeFi lending platform CelercBridge, Ethereum Layer2 scaling solution Optimism, and more.
What is ZCX Coin?
According to the ZCX official website, ZCX is an Ethereum-based open-source decentralized trading protocol aiming to provide a universal platform for DeFi. It will allow anyone to securely and efficiently manage portfolios, collateralize, and borrow through zero-knowledge proof technology. Furthermore, users can also use its native token ZRX to purchase various cryptocurrencies. Currently, the project has raised over $15 million in funding, including Coinbase Ventures and Polychain Capital. Additionally, the company is exploring the creation of sidechains similar to Tezos. (Medium)
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