Decentralized exchanges have been a holy grail in the cryptocurrency space, since at least the MtGox hack. They promise to derisk the act of exchanging cryptocurrency by leaving custody of funds in the hands of the users. And they should be resistant to regulatory pressure, creating a permissionless way to trade cryptocurrencies. Among decentralized exchange projects, 0x has gained by far the most traction in the short time since launching. Co-founders Will and Amir joined us to discuss the 0x protocol, the emerging 0x economy and the vibrant community they've built. Topics discussed in this episode:How Will and Amir started 0xThe definition of a decentralized exchange and why decentralized custody is keyThe 0x architectureWhy 0x built a protocol and not just a decentralized exchangeThe role and business model of relayersThe 0x token and its economyThe 0x governance process Links mentioned in this episode: 0x: The Protocol for Trading Tokens0x WhitepaperFront-running, Griefing and the Perils of Virtual Settlement (Part 1)Front-running, Griefing and the Perils of Virtual Settlement (Part 2) Support the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc)BCC: 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd (http://epicenter.tv/tipbch)ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth) This episode is also available on :Epicenter.tvYouTubeSouncloud Watch or listen, Epicenter is available wherever you get your podcasts. Epicenter is hosted by Brian Fabian Crain, Sƒbastien Couture & Meher Roy.