Bzx review

The blockchain is the brain and the technology behind Bitcoin. It is also a potentially groundbreaking novel way in how data is created, edited and distributed Through an immutable ledger and consensus algorithms that ensure the credibility of the blockchain technology, it is possible to create a type of information that can be trusted; a type that is truly decentralized and transparent.
Many current users of blockchain are somehow thought in line to its original purpose: which is as a peer-to-peer cryptocurrency. However, it has numerous potential uses in several sectors and industries: financial application, energy and resource management, social networking, big data and IoT storage applications, governance frameworks, advertising and marketing, and perhaps completely novel, unforeseen industries which may only be possible through blockchain’s successful maturation and adoption.

Blockchain innovation is one of the most current technology protocol in the technology world and most organization, cooperation, incorporated applications and even Governments are as of now diverting to Blockchain technology adequately and adopting the tech as a way to a better-secured way to deal with their information, financial transaction and data in a more decentralized and transparent way.

Blockchain technology is still quite limited by a critical problem despite the fact that The world is slowly edging towards the major adoption of cryptocurrencies.
The main idea and the unique selling proposition behind blockchain are its decentralized features which give Everyone access to see what is happening on the network at any time and anywhere they are. But it's not too palatable to see that most of the transaction of blockchain happens on a centralized platform. Which is highly contradicting to the main and core values of blockchain technology. In view of this many decentralized exchanges are springing up in a bid to make sure that decentralized assets are being traded on a decentralized exchange. But on the long run the quality of infrastructures and technology being used on the decentralized exchange cannot be compared and cannot match up with the ones used on a centralized exchange, the centralized exchange tends to provide more trading comfort to users than the decentralized exchange. Most people who will like to carry out margin trading would like to do it on a centralized exchange. But in doing this they are faced with the risk of a third party or intermediary jeopardizing the assets of the investors, this risk leaves their private key at the mercy of the third party without them having total control over it.
Decentralized exchange, on the other hand, has the full features of what a decentralized blockchain functionality possesses as it gives users control over their funds and digital assets. But it lacks the necessary security features which are not palatable for margin lending and trading as it cannot adequately securely liquidate secured positions. With the help of bZx protocol, these challenges will be solved adequately.

ABOUT BZX PROTOCOL
Margin Trading is a highly complex financial toolset and instrument, which might stretch the limits of the Ethereum blockchain. However, even as it is, it will open some outstanding, not-seen-before possibilities in crypto space. And that is why an integration of an appropriate protocol is needed to implement a seamless merging trading on the blockchain, of which many projects have tired but they are not providing the actual piece margin trading needs to excel effectively. With the help of bZx margin trading and lending will be improved exceedingly.
Bzx is a decentralized peer to peer margin funding and trading protocol which can be integrated into exchange infrastructure. Considering the fact that margin trading is saturated with fee domination, what bZx does is to create competition which will, in turn, drive the Oracle provider fee to its minimal cost.

COMPONENTS OF BZX

In order dor bZx protocol to perform according to expectation there are some very important components it entails;

● bZx library

● bZx portal

● bZx smart contract

TOKEN DETAILS
Bzrx is the official token of the platform and its core function is ;

Incentivization of order book aggregation by relay and effective operation of the bZx protocol.

Token – BZRX

Total Supply – 1,000,000,000

Price – $0.073 USD

Hard Cap – $36.5M USD

CONCLUSION
If bzx can pull this great innovation off then we might have in our hands one of the biggest solution blockchain projects have provided. Which is a big plus for the crypto community? From all indication pertaining to the team enthusiasm And partnership, bZx can pull this off.

Find Out More About BZx With The Links Below:

Website: https://b0x.network

Mainnet DAPP: https://portal.bzx.network/

Whitepaper: https://b0x.network/pdfs/bZx_white_paper.pdf

Medium: https://medium.com/@b0xNet

Twitter: https://twitter.com/b0xNet

Telegram: https://t.me/b0xNet

Bounty0x Username: lynks