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authorFabio Berger <me@fabioberger.com>2017-11-22 04:03:08 +0800
committerFabio Berger <me@fabioberger.com>2017-11-22 04:03:08 +0800
commit3660ba28d73d70d08bf14c33ef680e5ef3ec7f3b (patch)
treef101656799da807489253e17bea7abfaea90b62d /packages/website/ts/pages/faq
parent037f466e1f80f635b48f3235258402e2ce75fb7b (diff)
downloaddexon-0x-contracts-3660ba28d73d70d08bf14c33ef680e5ef3ec7f3b.tar.gz
dexon-0x-contracts-3660ba28d73d70d08bf14c33ef680e5ef3ec7f3b.tar.zst
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Add website to mono repo, update packages to align with existing sub-packages, use new subscribeAsync 0x.js method
Diffstat (limited to 'packages/website/ts/pages/faq')
-rw-r--r--packages/website/ts/pages/faq/faq.tsx497
-rw-r--r--packages/website/ts/pages/faq/question.tsx52
2 files changed, 549 insertions, 0 deletions
diff --git a/packages/website/ts/pages/faq/faq.tsx b/packages/website/ts/pages/faq/faq.tsx
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+import * as _ from 'lodash';
+import * as React from 'react';
+import * as DocumentTitle from 'react-document-title';
+import RaisedButton from 'material-ui/RaisedButton';
+import {colors} from 'material-ui/styles';
+import {Styles, FAQSection, FAQQuestion, WebsitePaths} from 'ts/types';
+import {Link} from 'react-router-dom';
+import {Footer} from 'ts/components/footer';
+import {TopBar} from 'ts/components/top_bar';
+import {Question} from 'ts/pages/faq/question';
+import {configs} from 'ts/utils/configs';
+import {constants} from 'ts/utils/constants';
+
+export interface FAQProps {
+ source: string;
+ location: Location;
+}
+
+interface FAQState {}
+
+const styles: Styles = {
+ thin: {
+ fontWeight: 100,
+ },
+};
+
+const sections: FAQSection[] = [
+ {
+ name: '0x Protocol',
+ questions: [
+ {
+ prompt: 'What is 0x?',
+ answer: (
+ <div>
+ At its core, 0x is an open and non-rent seeking protocol that facilitates trustless,
+ low friction exchange of Ethereum-based assets. Developers can use 0x as a platform
+ to build exchange applications on top of{' '}
+ (<a href={`${configs.BASE_URL}${WebsitePaths.ZeroExJs}#introduction`} target="blank">0x.js</a>
+ {' '}is a Javascript library for interacting with the 0x protocol). For end users, 0x will be
+ the infrastructure of a wide variety of user-facing applications i.e.{' '}
+ <a href={`${configs.BASE_URL}${WebsitePaths.Portal}`} target="blank">0x Portal</a>,
+ a decentralized application that facilitates trustless trading of Ethereum-based tokens
+ between known counterparties.
+ </div>
+ ),
+ },
+ {
+ prompt: 'What problem does 0x solve?',
+ answer: (
+ <div>
+ In the two years since the Ethereum blockchain’s genesis block, numerous decentralized
+ applications (dApps) have created Ethereum smart contracts for peer-to-peer exchange.
+ Rapid iteration and a lack of best practices have left the blockchain scattered with
+ proprietary and application-specific implementations. As a result, end users are
+ exposed to numerous smart contracts of varying quality and security, with unique
+ configuration processes and learning curves, all of which implement the same
+ functionality. This approach imposes unnecessary costs on the network by fragmenting
+ end users according to the particular dApp each user happens to be using, eliminating
+ valuable network effects around liquidity. 0x is the solution to this problem by
+ acting as modular, unopinionated building blocks that may be assembled and reconfigured.
+ </div>
+ ),
+ },
+ {
+ prompt: 'How is 0x different from a centralized exchange like Poloniex or ShapeShift?',
+ answer: (
+ <div>
+ <ul>
+ <li>
+ 0x is a protocol for exchange, not a user-facing exchange application.
+ </li>
+ <li>
+ 0x is decentralized and trustless; there is no central party which can be
+ hacked, run away with customer funds or be subjected to government regulations.
+ Hacks of Mt. Gox, Shapeshift and Bitfinex have demonstrated that these types of
+ systemic risks are palpable.
+ </li>
+ <li>
+ Rather than a proprietary system that exists to extract rent for its owners,
+ 0x is public infrastructure that is funded by a globally distributed community
+ of stakeholders. While the protocol is free to use, it enables for-profit
+ user-facing exchange applications to be built on top of the protocol.
+ </li>
+ </ul>
+ </div>
+ ),
+ },
+ {
+ prompt: 'If 0x protocol is free to use, where do transaction fees come in?',
+ answer: (
+ <div>
+ 0x protocol uses off-chain order books to massively reduce friction costs for
+ market makers and ensure that the blockchain is only used for trade settlement.
+ Hosting and maintaining an off-chain order book is a service; to incent “Relayers”
+ to provide this service they must be able to charge transaction fees on trading
+ activity. Relayers are free to set their transaction fees to any value they desire.
+ We expect Relayers to be highly competitive and transaction fees to approach an
+ efficient economic equilibrium over time.
+ </div>
+ ),
+ },
+ {
+ prompt: 'What are the differences between 0x protocol and state channels?',
+ answer: (
+ <div>
+ <div>
+ Participants in a state channel pass cryptographically signed messages back and
+ forth, accumulating intermediate state changes without publishing them to the
+ canonical chain until the channel is closed. State channels are ideal for “bar tab”
+ applications where numerous intermediate state changes may be accumulated off-chain
+ before being settled by a final on-chain transaction (i.e. day trading, poker,
+ turn-based games).
+ </div>
+ <ul>
+ <li>
+ While state channels drastically reduce the number of on-chain transactions
+ for specific use cases, numerous on-chain transactions and a security deposit
+ are required to open and safely close a state channel making them less efficient
+ than 0x for executing one-time trades.
+ </li>
+ <li>
+ State channels are isolated from the Ethereum blockchain meaning that
+ they cannot interact with smart contracts. 0x is designed to be integrated
+ directly into smart contracts so trades can be executed programmatically
+ in a single line of Solidity code.
+ </li>
+ </ul>
+ </div>
+ ),
+ },
+ {
+ prompt: 'What types of digital assets are supported by 0x?',
+ answer: (
+ <div>
+ 0x supports all Ethereum-based assets that adhere to the ERC20 token standard.
+ There are many ERC20 tokens, worth a combined $2.2B, and more tokens are created
+ each month. We believe that, by 2020, thousands of assets will be tokenized and
+ moved onto the Ethereum blockchain including traditional securities such as equities,
+ bonds and derivatives, fiat currencies and scarce digital goods such as video game
+ items. In the future, cross-blockchain solutions such as{' '}
+ <a href="https://cosmos.network/" target="_blank">Cosmos</a> and{' '}
+ <a href="http://polkadot.io/" target="_blank">Polkadot</a> will allow cryptocurrencies
+ to freely move between blockchains and, naturally, currencies such as Bitcoin will
+ end up being represented as ERC20 tokens on the Ethereum blockchain.
+ </div>
+ ),
+ },
+ {
+ prompt: '0x is open source: what prevents someone from forking the protocol?',
+ answer: (
+ <div>
+ Ethereum and Bitcoin are both open source protocols. Each protocol has been forked,
+ but the resulting clone networks have seen little adoption (as measured by transaction
+ count or market cap). This is because users have little to no incentive to switch
+ over to a clone network if the original has initial network effects and a talented
+ developer team behind it.
+ An exception is in the case that a protocol includes a controversial feature such as
+ a method of rent extraction or a monetary policy that favors one group of users over
+ another (Zcash developer subsidy - for better or worse - resulted in Zclassic).
+ Perceived inequality can provide a strong enough incentive that users will fork the
+ original protocol’s codebase and spin up a new network that eliminates the controversial
+ feature. In the case of 0x, there is no rent extraction and no users are given
+ special permissions.
+
+ 0x protocol is upgradable. Cutting-edge technical capabilities can be integrated
+ into 0x via decentralized governance (see section below), eliminating incentives
+ to fork off of the original protocol and sacrifice the network effects surrounding
+ liquidity that result from the shared protocol and settlement layer.
+ </div>
+ ),
+ },
+ ],
+ },
+ {
+ name: '0x Token (ZRX)',
+ questions: [
+ {
+ prompt: 'Explain how the 0x protocol token (zrx) works.',
+ answer: (
+ <div>
+ <div>
+ 0x protocol token (ZRX) is utilized in two ways: 1) to solve the{' '}
+ <a href="https://en.wikipedia.org/wiki/Coordination_game" target="_blank">
+ coordination problem
+ </a> and drive network effects around liquidity, creating a feedback loop
+ where early adopters of the protocol benefit from wider adoption and 2) to
+ be used for decentralized governance over 0x protocol's update mechanism.
+ In more detail:
+ </div>
+ <ul>
+ <li>
+ ZRX tokens are used by Makers and Takers (market participants that generate
+ and consume orders, respectively) to pay transaction fees to Relayers
+ (entities that host and maintain public order books).
+ </li>
+ <li>
+ ZRX tokens are used for decentralized governance over 0x protocol’s update
+ mechanism which allows its underlying smart contracts to be replaced and
+ improved over time. An update mechanism is needed because 0x is built upon
+ Ethereum’s rapidly evolving technology stack, decentralized governance is
+ needed because 0x protocol’s smart contracts will have access to user funds
+ and numerous dApps will need to plug into 0x smart contracts. Decentralized
+ governance ensures that this update process is secure and minimizes disruption
+ to the network.
+ </li>
+ </ul>
+ </div>
+ ),
+ },
+ {
+ prompt: 'Why must transaction fees be denominated in 0x token (ZRX) rather than ETH?',
+ answer: (
+ <div>
+ 0x protocol’s decentralized update mechanism is analogous to proof-of-stake.
+ To maximize the alignment of stakeholder and end user incentives, the staked
+ asset must provide utility within the protocol.
+ </div>
+ ),
+ },
+ {
+ prompt: 'How will decentralized governance work?',
+ answer: (
+ <div>
+ Decentralized governance is an ongoing focus of research; it will involve token
+ voting with ZRX. Ultimately the solution will maximize security while also maximizing
+ the protocol’s ability to absorb new innovations. Until the governance structure is
+ formalized and encoded within 0x DAO, a multi-sig will be used as a placeholder.
+ </div>
+ ),
+ },
+ ],
+ },
+ {
+ name: 'ZRX Token Launch and Fund Use',
+ questions: [
+ {
+ prompt: 'What is the total supply of ZRX tokens?',
+ answer: (
+ <div>
+ 1,000,000,000 ZRX. Fixed supply.
+ </div>
+ ),
+ },
+ {
+ prompt: 'When is the Token Launch? will there be a pre-sale?',
+ answer: (
+ <div>
+ The token launch will be on August 15th, 2017. There will not be a pre-sale.
+ </div>
+ ),
+ },
+ {
+ prompt: 'What will the token launch proceeds be used for?',
+ answer: (
+ <div>
+ 100% of the proceeds raised in the token launch will be used to fund the development
+ of free and open source software, tools and infrastructure that support the protocol
+ and surrounding ecosystem. Check out our{' '}
+ <a
+ href="https://docs.google.com/document/d/1_RVa-_bkU92fWRsC8eNy4vYjcTt-WC8GtqyyjbTd-oY"
+ target="_blank"
+ >
+ development roadmap
+ </a>.
+ </div>
+ ),
+ },
+ {
+ prompt: 'What will be the initial distribution of ZRX tokens?',
+ answer: (
+ <div>
+ <div className="center" style={{width: '100%'}}>
+ <img
+ style={{width: 350}}
+ src="/images/zrx_pie_chart.png"
+ />
+ </div>
+ <div className="py1">
+ <div className="bold pb1">
+ Token Launch (50%)
+ </div>
+ <div>
+ ZRX is inherently a governance token that plays a critical role in the
+ process of upgrading 0x protocol. We are fully committed to formulating
+ a functional and theoretically sound governance model and we plan to dedicate
+ significant resources to R&D.
+ </div>
+ </div>
+ <div className="py1">
+ <div className="bold pb1">
+ Retained by 0x (15%)
+ </div>
+ <div>
+ The 0x core development team will be able to sustain itself for approximately
+ five years using funds raised through the token launch. If 0x protocol
+ proves to be as foundational a technology as we believe it to be, the
+ retained ZRX tokens will allow the 0x core development team to sustain
+ operations beyond the first 5 years.
+ </div>
+ </div>
+ <div className="py1">
+ <div className="bold pb1">
+ Developer Fund (15%)
+ </div>
+ <div>
+ The Developer Fund will be used to make targeted capital injections
+ into high potential projects and teams that are attempting to grow
+ the 0x ecosystem, strategic partnerships, hackathon prizes and community
+ development activities.
+ </div>
+ </div>
+ <div className="py1">
+ <div className="bold pb1">
+ Founding Team (10%)
+ </div>
+ <div>
+ The founding team’s allocation of ZRX will vest over a traditional 4
+ year vesting schedule with a one year cliff. We believe this should
+ be standard practice for any team that is committed to making their
+ project a long term success.
+ </div>
+ </div>
+ <div className="py1">
+ <div className="bold pb1">
+ Early Backers & Advisors (10%)
+ </div>
+ <div>
+ Our backers and advisors have provided capital, resources and guidance
+ that have allowed us to fill out our team, setup a robust legal entity
+ and build a fully functional product before launching a token. As a result,
+ we have a proven track record and can offer a token that holds genuine utility.
+ </div>
+ </div>
+ </div>
+ ),
+ },
+ {
+ prompt: 'Can I mine ZRX tokens?',
+ answer: (
+ <div>
+ No, the total supply of ZRX tokens is fixed and there is no continuous issuance
+ model. Users that facilitate trading over 0x protocol by operating a Relayer
+ earn transaction fees denominated in ZRX; as more trading activity is generated,
+ more transaction fees are earned.
+ </div>
+ ),
+ },
+ {
+ prompt: 'Will there be a lockup period for ZRX tokens sold in the token launch?',
+ answer: (
+ <div>
+ No, ZRX tokens sold in the token launch will immediately be liquid.
+ </div>
+ ),
+ },
+ {
+ prompt: 'Will there be a lockup period for tokens allocated to the founding team?',
+ answer: (
+ <div>
+ Yes. ZRX tokens allocated to founders, advisors and staff members will be released
+ over a 4 year vesting schedule with a 25% cliff upon completion of the initial
+ token launch and 25% released each subsequent year in monthly installments. Staff
+ members hired after the token launch will have a 4 year vesting schedule with a
+ one year cliff.
+ </div>
+ ),
+ },
+ {
+ prompt: 'Which cryptocurrencies will be accepted in the token launch?',
+ answer: (
+ <div>ETH.</div>
+ ),
+ },
+ {
+ prompt: 'When will 0x be live?',
+ answer: (
+ <div>
+ An alpha version of 0x has been live on our private test network since January
+ 2017. Version 1.0 of 0x protocol will be deployed to the canonical Ethereum
+ blockchain after a round of security audits and prior to the public token launch.
+ 0x will be using the 0x protocol during our token launch.
+ </div>
+ ),
+ },
+ {
+ prompt: 'Where can I find a development roadmap?',
+ answer: (
+ <div>
+ Check it out{' '}
+ <a
+ href="https://drive.google.com/open?id=14IP1N8mt3YdsAoqYTyruMnZswpklUs3THyS1VXx71fo"
+ target="_blank"
+ >
+ here
+ </a>.
+ </div>
+ ),
+ },
+ ],
+ },
+ {
+ name: 'Team',
+ questions: [
+ {
+ prompt: 'Where is 0x based?',
+ answer: (
+ <div>
+ 0x was founded in SF and is driven by a diverse group of contributors.
+ </div>
+ ),
+ },
+ {
+ prompt: 'How can I get involved?',
+ answer: (
+ <div>
+ Join our <a href={constants.ZEROEX_CHAT_URL} target="_blank">Rocket.chat</a>!
+ As an open source project, 0x will rely on a worldwide community of passionate
+ developers to contribute proposals, ideas and code.
+ </div>
+ ),
+ },
+ {
+ prompt: 'Why the name 0x?',
+ answer: (
+ <div>
+ 0x is the prefix for hexadecimal numeric constants including Ethereum addresses.
+ In a more abstract context, as the first open protocol for exchange 0x represents
+ the beginning of the end for the exchange industry’s rent seeking oligopoly:
+ zero exchange.
+ </div>
+ ),
+ },
+ {
+ prompt: 'How do you pronounce 0x?',
+ answer: (
+ <div>
+ We pronounce 0x as “zero-ex,” but you are free to pronounce it however you please.
+ </div>
+ ),
+ },
+ ],
+ },
+];
+
+export class FAQ extends React.Component<FAQProps, FAQState> {
+ public componentDidMount() {
+ window.scrollTo(0, 0);
+ }
+ public render() {
+ return (
+ <div>
+ <DocumentTitle title="0x FAQ"/>
+ <TopBar
+ blockchainIsLoaded={false}
+ location={this.props.location}
+ />
+ <div
+ id="faq"
+ className="mx-auto max-width-4 pt4"
+ style={{color: colors.grey800}}
+ >
+ <h1 className="center" style={{...styles.thin}}>0x FAQ</h1>
+ <div className="sm-px2 md-px2 lg-px0 pb4">
+ {this.renderSections()}
+ </div>
+ </div>
+ <Footer location={this.props.location} />
+ </div>
+ );
+ }
+ private renderSections() {
+ const renderedSections = _.map(sections, (section: FAQSection, i: number) => {
+ const isFirstSection = i === 0;
+ return (
+ <div key={section.name}>
+ <h3>{section.name}</h3>
+ {this.renderQuestions(section.questions, isFirstSection)}
+ </div>
+ );
+ });
+ return renderedSections;
+ }
+ private renderQuestions(questions: FAQQuestion[], isFirstSection: boolean) {
+ const renderedQuestions = _.map(questions, (question: FAQQuestion, i: number) => {
+ const isFirstQuestion = i === 0;
+ return (
+ <Question
+ key={question.prompt}
+ prompt={question.prompt}
+ answer={question.answer}
+ shouldDisplayExpanded={isFirstSection && isFirstQuestion}
+ />
+ );
+ });
+ return renderedQuestions;
+ }
+}
diff --git a/packages/website/ts/pages/faq/question.tsx b/packages/website/ts/pages/faq/question.tsx
new file mode 100644
index 000000000..4ed198b91
--- /dev/null
+++ b/packages/website/ts/pages/faq/question.tsx
@@ -0,0 +1,52 @@
+import * as _ from 'lodash';
+import * as React from 'react';
+import {Card, CardHeader, CardText} from 'material-ui/Card';
+
+export interface QuestionProps {
+ prompt: string;
+ answer: React.ReactNode;
+ shouldDisplayExpanded: boolean;
+}
+
+interface QuestionState {
+ isExpanded: boolean;
+}
+
+export class Question extends React.Component<QuestionProps, QuestionState> {
+ constructor(props: QuestionProps) {
+ super(props);
+ this.state = {
+ isExpanded: props.shouldDisplayExpanded,
+ };
+ }
+ public render() {
+ return (
+ <div
+ className="py1"
+ >
+ <Card
+ initiallyExpanded={this.props.shouldDisplayExpanded}
+ onExpandChange={this.onExchangeChange.bind(this)}
+ >
+ <CardHeader
+ title={this.props.prompt}
+ style={{borderBottom: this.state.isExpanded ? '1px solid rgba(0, 0, 0, 0.19)' : 'none'}}
+ titleStyle={{color: 'rgb(66, 66, 66)'}}
+ actAsExpander={true}
+ showExpandableButton={true}
+ />
+ <CardText expandable={true}>
+ <div style={{lineHeight: 1.4}}>
+ {this.props.answer}
+ </div>
+ </CardText>
+ </Card>
+ </div>
+ );
+ }
+ private onExchangeChange() {
+ this.setState({
+ isExpanded: !this.state.isExpanded,
+ });
+ }
+}