Bancor's exchange sucks. Just lost $70 in ETH on a trade that didn't even go through. Would have been nice to take a look at the contract address before submitting the trade... more than half of the transactions are failing. Seems like their supplementing their solution to liquidity by keeping failed transaction fees.
1st. It is not an exchanges
Bancor liquidity network is not doing a simple transfer of token, it is more than that.
And Bancor didn’t take any txn fee from the process, all the fee go to ethereum miner.
2nd.
Don’t fucking change anything on the gas if you don’t want your txn to fail. Don’t act smart and when the txn failed blaming on the team. Lol
Your first point is valid, but even still, when you are paying that much gas for a transaction you expect it to go through... and no, wasn't tinkering with the gas.
If you take your fanboy goggles off for a second, you can't sit there with a straight face and say that a liquidity mechanism that fails roughly 30% of the time while handling such a small volume (less than 4M / 24 hours) isn't flawed at its core. It is literally the opposite of solving the "liquidity problem"... its creating more problems than its solving at this point and I don't see how Bancor functions at scale when the ethereum network is already stressed. And I'm not here spreading FUD, the reason you're typing in bold is cuz the truth is hurts
If you can’t stand bout that, don’t use it and rant in here.
Go use your centralised exchanges if you can’t even afford to pay a txn fee.
No one seem to fail their txn if they did it properly. Don’t use it if you don’t know
And I wrote in bold because noob and fomo kid like you jump in the project w/o even know what actually they do and even read about the project.
