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Topic: [BOUNTY] BankEx - Proof-of-Asset Protocol. Up to $1M in rewards (Read 48012 times)

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With discrete random variables, you can ask questions about absolute probabilities, like whats the probability that I get a 4 in the next roll? Or, if your opponent rolls the die, and gets a 3 and its your turn to attack, you might wonder whats the probability of getting a value higher than 3?
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Activity: 349
Merit: 10
BANKEX Pay Gets an Update
https://blog.bankex.org/bankex-pay-gets-an-update-e49958ede2f2



BANKEX has already brought convenience to the storage and processing of crypto funds with its app, BANKEX Pay. No longer do users have to wade through esoterica and technobabble to interact with the cryptosphere. BANKEX Pay has provided a clean, secure, and elegant solution for users who want to go mobile with their crypto solutions but still want to rely on BANKEX for their crypto needs. Now, thanks to an update, BANKEX Pay is even better.
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Activity: 616
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BANKEX Is Now Live In Freewallet!

Starting today, BKX, an Ethereum-based ERC-20 utility token, is available in Freewallet. All Freewallet users can exchange their cryptocurrencies to/from Bankex in Multiwallet on iOS, Android, and web.

They can use the ERC-20 token to pay fees in the BANKEX Trust Service, BKX Scan and other BANKEX products and services.

https://freewallet.org/blog/bankex-live-in-freewallet?utm_source=twitter&utm_medium=social&utm_campaign=bankexlive
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Activity: 422
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The First Use Case for BANKEX Plasma
https://www.ccn.com/the-first-use-case-for-bankex-plasma/

BANKEX Plasma unveils its first use case: buying coffee from a vending machine with crypto. This is the first realization of the Plasma blockchain, a solution originally proposed by Vitalik Buterin for the Ethereum main network. In July, BANKEX Plasma reached a capacity of 22,000 simultaneous transactions per second. This real-life usage of Plasma hastens the era of using crypto for everyday purchases. BANKEX shared a video showing the first working prototype of BANKEX Plasma.

Several years ago, when trendy shops and cafés started offering customers the option to pay with crypto, they encountered two problems trying to use cryptocurrencies in real life: transaction cost and transaction speed. BANKEX Plasma solves both, as proved by its first use case: buying coffee from a vending machine.

If this were treated as an ordinary Ethereum transaction, it would, as of the time of this writing, cost about $0.20 to process. It would also take about 2 minutes from payment code scan to coffee delivery. $0.20 is not much in the context of transfers of $100 or more. And 2 minutes is trivial if you are enjoying your coffee in a café. But, in the context of buying coffee to go for less than $1 from a vending machine, these issues become more critical. BANKEX Plasma makes transactions instantaneous and drops the cost per transaction to $.005.

The key underpinning of BANKEX Plasma, the protocol powering this new way to make purchases with crypto, is a transparent off-chain infrastructure for payments, especially micro-payments. Plasma can be thought of as a prepaid wallet. Initially, some Ether is deposited into a Plasma wallet from another preferred wallet. Thus, the standard Ethereum transaction fee is paid only once.
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Activity: 322
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The BANKEX project is completely cold, and the team's marketing capability needs to be strengthened.
member
Activity: 350
Merit: 10
The BankEx coin project lacks the necessary market value management, and the price goes down too much, which makes investors lose confidence.
member
Activity: 350
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The price of coins in the Bankex project has been severely broken. This makes the investors who are involved in the project feel very sad. Is this project worth further expectation?
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
The price of coins in BANKEX is falling a little. I think this is a great disappointment for ICO investors.

ICO IS MAKES IT SECURITIES THAT BITTREX ILLEGALLY LISTED >>>INSIDERS GET REKT
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
BANKEX Plasma Protocol Reports 22k Transactions per Second
https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

PAID PUMPERS GET REKT! =\
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
BITTREX SCAMMERS AT IT AGAIN? =\ I WANT MY COINS BACK NOW!!!!
sr. member
Activity: 588
Merit: 253
BANKEX Plasma Protocol Reports 22k Transactions per Second
https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
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Activity: 735
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BANKEX Monthly Update: June 2018
The first month of Summer 2018 is over, and we welcome July. Today, we want to recap what happened in June and see what we achieved. https://blog.bankex.org/bankex-monthly-update-june-2018-117f39f71b1a
full member
Activity: 490
Merit: 101
Commercial Applications of Blockchain

In this article, BANKEX Managing Director Constantine Kurbatoff talks about the advantages that blockchain technology will bring to a range of business segments. https://blog.bankex.org/commercial-applications-of-blockchain-6b732638075a
newbie
Activity: 112
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The BANKEX Proof of Asset Protocol includes Smart Asset Exchange  support of liquidity of Smart Assets being traded within the protocol is an
important task for BANKEX. It s important to note that market making to support liquidity of Smart Asset  in OrderBook is a more complex task than it is on a classic stock market. This is due to certain types of Smart Assets having more characteristics that affect price  than the classic balance of supply and demand. Another significant note is that the BANKEX Proof of Asset Protocol is based on the Ethereum blockchain 
 meaning Smart Asset tokens issued in the ecosystem of BANKEX can be traded on any marketsupporting the ERC20 standard.
member
Activity: 422
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First Blockchain-Based Public Access Clean Water System in Kenya

BANKEX has responded to these issues with WaterCoin, a token based water supply project that securely connects donations from sources worldwide directly with families in Narok, Kenya that need water. The project eliminates intermediaries in the charitable giving supply chain and presents an entirely new perspective on providing aid that could not only save millions of dollars but millions of lives. https://blog.bankex.org/first-blockchain-based-public-access-clean-water-system-in-kenya-454637af1d6d


member
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Bankex's performance since the launch of the project has disappointed investors, so we should be cautious about investing in the future.
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