KuCoin is a distinguished cryptocurrency exchange market that contributes quality service to their customers. They have a state-of-the-art technology that authorizes users to experience stable and easy interface navigation. And today, they are delighted to announce the listing of another potential project, 0x Protocol (ZRX), known as an open protocol for decentralized Exchange.
Deposit is now possible with supported pairs such as ZRX/BTC and ZRX/ETH. Transactions can be processed utilizing KuCoin’s App or on their official website.
0x Protocol (ZRX) Introduction
0x ZRX is an open protocol that is created to administer a decentralized exchange as part of the Ethereum blockchain. 0x uses a protocol that includes Ethereum smart contracts supporting people globally to manage a decentralized exchange.
There will be hundreds or thousands of tokens that will be available from Ethereum in the future. 0x wants to implement an efficient and reliable way to trade them. The platform is distinct from both centralized and decentralized exchanges, providing the best possible combination of features.
How does 0x operate?
Most of the decentralized exchanges today face the difficulties of liquidity and rate. As the idea of a decentralized exchange is peer-to-peer trading, all new orders and their arrangements would need to go straight through the blockchain which is slow depending on the block time and costly fees to run the contract on the blockchain. 0x is trying to resolve this predicament through the development of a protocol to relay the orders off chain and only go into the blockchain when the trade settles.
0x intends to create a standard protocol on the Ethereum blockchain that enables any Ethereum token to be traded and for anyone to run a decentralized exchange. These parties building on top of 0x are introduced to as relayers as they host off blockchain order books and can impose fees for their services.
The ZRX Token
0x has its own native token identified as ZRX which could be utilized to pay for trading fees to relayers. Owners of ZRX tokens could also recommend for future protocol upgrade and have a say in how the protocol should be advanced over time.
KuCoin as one of the most distinguished and reliable crypto exchange platforms, strive to support users the best experience in all blockchain asset activities. It is accomplished by uniting premium assets worldwide and developing a state-of-the-art trading platform. And today, KuCoin is excited to announce that they have once again listed another unique currency called Tronix TRX recognized as a blockchain-based platform establishing a decentralized Internet.
Tron (TRX) is now accessible on KuCoin with supported trading pairs such as TRX/BTC and TRX/ETH. TRX deposit is now in effect immediately.
About Tron Network (TRX)
Tron (TRX) is a blockchain platform started as the foundation for a decentralized entertainment ecosystem. Established by Justin Sun, whose first project is Peiwo — a pay-to-chat application already launched on the network — Tron converges on expanding the market of decentralized digital content applications by offering it more accessible to create and deploy them.
Adoption of blockchain technology is inadequate in part because of the difficulty many developers face in discovering to build from scratch entirely new protocols. Tron is designed to ease this development and hence accelerate the decentralization of existing platforms and the creation of new Dapps.
Tron will operate in the same way that other content networks work: creators produce content and consumers purchase it. Other applications can be developed and leverage the same resources, and the benefit of TRX hinges in part on the execution of code inside the Tron network.
A Peer-to-Peer Network
Tron TRX is one of many applications attempting to leverage the peer-to-peer nature of modern networks to allow content creators and distributors direct introduction to their consumers. YouTube, iTunes, and other centralized distribution networks have a significant choke-hold on the digital content market, creating a wall for independent content producers exploring distribution channels.
Several decentralized applications are planned for deployment on Tron to take an interest in the direct, peer-to-peer architecture of the network that excludes the need for a middleman. One such application that has received a lot of attention is Gifto, created by Uplive, a highly significant and successful paid social network platform in Asia.
Both streaming entertainment and content distribution are huge industries. The content delivery system market alone is predicted to approach $30 billion by 2022, while the entertainment industry as a total will surpass $2 trillion in the same period.
Deposit is now available using KuCoin’s app on any iOS or Android devices or to their official website www.kucoin.com.
About Merculet MVP
Merculet derived from Mercury and Blocklet, the Roman God of Commercial and the cornerstone of the blockchain, use blockchain technology to improve the relations between consumers, producers, and investors. It allows users to monetize their application. As an addition, it also assists businesses to increase their businesses by producing a good review ecosystem and the re-distribution of the trillion-dollar value-driven economy.
It has also generated an Attention Value Network (token: MVP). It connects the supply and market sides of attention with an open contract suite to promote good circulation of the Internet of Value.
Attention Value Network
Mobile Internet is mostly about traffic. The Internet of Value derived from the mobile Internet is essentially an attention economy.
Merculet presents a holistic solution to help companies and users embrace the attention economy and build a distributed, value focused network. It connects and performs the match and value exchange between the supply and demand side of attention.
It consists of three central components: The UAV (User Attention Value) evaluation system, User Attention Token(UAT) as the foundation of attention incentive system and Open Content Platform to solve the problem of attention source.
The MVP Token
MVP is short for Merculet Value Protocol and a standard ERC20 public chain asset.
Enterprises can immediately access other application circulation scenarios by anchoring their own UAT and MVP, or interact with the ecology of another public chain world; MVP also supports ecologically beneficial behaviors and introduces strategic priorities. Incentive resources to assure the healthy and orderly evolution of the entire growth ecology.
MVP is the cornerstone of Merculet Attention Value System and anchored by UAT. MVP could connect various enterprises by certain rates and promote the value distribution between them.
Meanwhile, MVP also implement better support for enterprises from various aspects.
The difference between UAT and MVP
UAT is distributed within the technical support of Merculet. It establishes the contractual relationship between each company and its users. It is mainly used to circulate as the operation tools within the company. The initial operation is in the Internet Asset Layer which maintained by Merculet and the entrepreneurs. It also could mapping their asset to the public chain according to the requirements of the enterprise;
In short, entrepreneurs could assign their UATs and offer to users according to the user’s UAV which based on their own operating rules. MVP comes from the Merculet Token Pool and softmining in different ways. Different UATs will run in specific APP/enterprise, while MVP will circulate over different apps/enterprises within the Merculet Ecology.