This article was first published on 0x Blog - Medium
Relayer Report #20 — 0x Roadmap and Launch Season
The latest updates from the 0x ecosystem: 4/17/19
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In January, we published the first part of our roadmap series from Will, detailing the vision of 0x for 2019: build out our data infrastructure, grow the DeFi pie, and bring more liquidity to the protocol. As part of this post, we also established a formal process for improvements to the 0x protocol, titled ZEIPs, which included details about the Multi Asset Proxy for trading bundles of assets and ERC-1155 support to 0x.
Part two came from Remco, with a focus on scalability and zero knowledge proofs. Scaling is one of the major blockers of blockchain tech, and solutions are generally divided into two categories: layer 1 and layer 2. Layer 1 solutions, like sharding, make the base blockchain able to handle more work, while layer 2 solutions, like state channels, take processes off chain so the blockchain has even less work to do in the first place. For scaling DEXs, Remco believes zero knowledge proofs are the answer, aka “magical alien math” will allow the blockchain to know if a computation was done correctly without knowing the data inside. The 0x stack will evolve in the next one to two years to look like this:
Part three introduces 0x Mesh, a peer-to-peer communication network for sharing 0x orders that serves as an improvement to the Standard Relayer API (SRA) standard we have today. There were two major problems with the SRA: first, compliance to the spec was difficult to get right for relayers using all sorts of programming languages and server frameworks, and second, plugging into each relayer’s SRA endpoint was a manual process that made it hard to join the networked liquidity pool. In addition to that, ...
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0x Blog - Medium