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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 140. (Read 375744 times)

jr. member
Activity: 364
Merit: 1
If you are new to Bancor (or maybe just haven't used it in a while), take a look at this great tutorial on how to convert tokens on the Bancor Network!
full member
Activity: 532
Merit: 102
Learn about Bancor. Watch as Eyal and Roni take the stage to discuss the Bancor protocol and how it works.

Liquidity Now! (The Bancor Protocol) https://www.youtube.com/watch?v=om1HrXr5qL4
sr. member
Activity: 588
Merit: 250
The Enjin team on introducing a new ERC token standard!

Instantly convert ENJ tokens:

https://ban.cr/ENJ 


sr. member
Activity: 588
Merit: 250
Join us in Zug, #Switzerland @TechCrunch Sessions on July 6, where galiabenartzi will join un_omise and @jarradhope for a panel discussion on token sales https://ban.cr/TechCrunch2018
full member
Activity: 980
Merit: 109
Myrillion, a decentralized digital platform that aims to connect entertainment professionals and individuals, has announced integration with Bancor to provide MYL token holders with liquidity.
https://ban.cr/MyrillionIntegration

member
Activity: 1330
Merit: 10
Bancor very often seems to change smart contracts, what's the best way to make 100% sure I' m dealing with the right Smart contract?

The best way to get the current contract addresses is by querying the registry contract: https://etherscan.io/address/0x7148b1c9154bcf273a2c7d7b90e3edc6fee395e6#readContract
This points directly to the contracts and is updated whenever a new version is released.

How are coins that track assets (such as GOLD) automatically valued with the Bancor trading algorithm?

All tokens go through the same Bancor pricing algorithm.
jr. member
Activity: 266
Merit: 1
What do you think about the cryptocurrency Bancor and their project? How will it enhance liquidity network?

Hey, Kaizer. As a matter of fact, enhancing the liquidity of smaller cap tokens is in the primary focus of Bancor Protocol. Long Tail phenomenon leaves us in the situation, where only 10% of tokens make up for 95% of overall capitalization. So in simple terms, there are quite a lot of tokens, which don't have enough markets and market participants available. This is where Bancor comes into play. With the introduction of the Smart Tokens, the Bancor Protocol effectively disconnects liquidity from trade volume, which means you no longer have to rely on exchanges and order books to liquidate a token.

Hope this helps!
sr. member
Activity: 854
Merit: 256
WATCH: VC @TimDraper imagines a world in which everyone is paid in their own #token. https://ban.cr/DraperTokens

Tim Draper is very genius person who know the potential of tokenized system and how important these will be in future. I picked this token because of him as he invested very large amount into this project.

price on ico was pegged to eth(0,01eth per bancor) and now it is 0,0065 eth. if he would buy eth instead of bancor he would be richer, and this applies to all of us.
member
Activity: 180
Merit: 10
What do you think about the cryptocurrency Bancor and their project? How will it enhance liquidity network?
Ano
sr. member
Activity: 1148
Merit: 253
WATCH: VC @TimDraper imagines a world in which everyone is paid in their own #token. https://ban.cr/DraperTokens

Tim Draper is very genius person who know the potential of tokenized system and how important these will be in future. I picked this token because of him as he invested very large amount into this project.
full member
Activity: 532
Merit: 102
WATCH: VC @TimDraper imagines a world in which everyone is paid in their own #token. https://ban.cr/DraperTokens
newbie
Activity: 84
Merit: 0
Bancor very often seems to change smart contracts, what's the best way to make 100% sure I' m dealing with the right Smart contract?

There will only ever be one active version on the Bancor interface.
legendary
Activity: 1120
Merit: 1001
How are coins that track assets (such as GOLD) automatically valued with the Bancor trading algorithm?
sr. member
Activity: 621
Merit: 250
Bancor very often seems to change smart contracts, what's the best way to make 100% sure I' m dealing with the right Smart contract?
hero member
Activity: 854
Merit: 501
Is there a problem with bancor right now? My transactions always failed and still deduct the Gas

As with any transaction on the ETH Network, any failed transaction still consumes the gas. However, your tokens are returned to you and are safe in your wallet. There has been quite a bit of congestion on the ETH Network today, which has in turn driven the gas prices up. However, as the market subsides this should automatically adjust to be more in line with the 0.02 ETH amount we typically recommend under normal market conditions.

again ETH network is overloaded....pfff
jr. member
Activity: 364
Merit: 1
Hi, I didn't see Ethereum as one of the listed token on bancor, how does the transaction work. I am newly registered. Thanks

ETH can be used to freely buy or sell tokens on the Bancor Network. It has a connector with BNT, so if you want to sell a token for ETH you can. Say Pundi X for example (NPXS), you set your amount you want to sell, and then the token you want to receive (in this example ETH, but it can be any on the Network). Then you submit the transaction. What you end up with is selling the amount of NPXS and receiving a corresponding amount of ETH.

But behind the scenes what happens is your token is converted into BNT (NPXS>BNT), and then that BNT is converted into ETH (BNT>ETH).
jr. member
Activity: 364
Merit: 1
Is there a problem with bancor right now? My transactions always failed and still deduct the Gas

As with any transaction on the ETH Network, any failed transaction still consumes the gas. However, your tokens are returned to you and are safe in your wallet. There has been quite a bit of congestion on the ETH Network today, which has in turn driven the gas prices up. However, as the market subsides this should automatically adjust to be more in line with the 0.02 ETH amount we typically recommend under normal market conditions.
hero member
Activity: 854
Merit: 500
Hi, I didn't see Ethereum as one of the listed token on bancor, how does the transaction work. I am newly registered. Thanks
hero member
Activity: 826
Merit: 500
Is there a problem with bancor right now? My transactions always failed and still deduct the Gas
hero member
Activity: 896
Merit: 500
Where can I buy Bancor cryptocurrency for USD at the best exchange rate?
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