Topic: Band Protocol - Cross-Chain Oracle solution & Chainlink Competition - Next 100X? - page 3. (Read 1114 times)

Band is okay, if you're after a real decentralised oracle token then you need to be looking at Tellor (TRB).

I think BAND has those chances to increase, and maybe the price will pass $10 in a short time. We don't know because as long as bitcoin price still is like this, the altcoin and the token will be up and down following bitcoin price. BAND have less total supply than LINK tokens, so maybe that can make the price to increase higher. But we should wait for a while and see what will happen to the market.

that's right, after the hard pump, BAND tokens are still growing, maybe BAND tokens will pass the price of $ 10 USD in the near future like LINK tokens which recently passed $ 10 USD. the total supply of BAND tokens is less than the total supply of LINK tokens, is it possible that the price of BAND tokens will be higher than the price of LINK tokens?

That's a big news and im feeling so good to see my portfolios is going to the moon right now. I think that we will break another record again. More good news will be coming for the community and the hype for BAND is real

Today BAND tokens hit a new ATH of $ 8 USD, I really don't think BAND tokens hit a price of $ 8 USD. congratulations to BAND token holders. And another good news is that the Token Band will soon be traded on the Coinbase exchange.

https://twitter.com/CoinbasePro/status/1291123511944151046

We've all seen how well Chainlink has done recently, Oracles are going to be important in the not to distant future and Band is no different.
In fact, Band has many advantages over Chainlink, looking at the chart and recent partnerships it's clear, Band is growing rapidly yet still a tiny marketcap of 10m.
You've still got time to board the train, just.

Band are a data governance framework for Web3.0 applications. It operates as an open-source standard and framework for the decentralized management of data, designed to allow users to build and manage off-chain oracles, reputation scores, identity management systems, token issuances and token curated registries.

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1) Band focus a lot security through economic (we have staking mechanism from day 1)Usage simplicity (getting data from band is just 1 function call, while on ChainLink you need to use asynchronous + callback function)

 2) speed (data is readily available  query for Band and can be processed within same transaction, not for ChainLink which requires at least 3 block confirmations).

3) Cost (if you query from 7 data providers in Chainlink, it will cost you over $7 whereas for Band right now the fee is $2 and we require much less gas to process.

4) scalability: because Band data is pushed on chain, the cost is fixed regardless of how many dApps use us whereas for Chainlink, it's on demand so if there are more dApps requiring same data, ChainLink has to perform that query again and again adding to the cost.

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