Bancor Progress Update October 24, 2017 Dear Community, It’s been a heads down month at Bancor as we crossed another milestone, the activation of the first Smart Token™ and Token Relay™ on the Bancor Network™, added a string of new partners and refined the language we use to describe the Bancor ecosystem. Product Updates The STX (Stox) Smart Token™ and the GNOBNT (Gnosis) Token Relay™ have both been activated by the respective projects and are live in the Web App. Now anyone can convert ETH, BNT, STX and GNO at algorithmically calculated prices determined by the Bancor Formula, directly through our Web App, at any time. This is one small step for Bancor and one giant step for the industry, as the world’s first smart contract enabled autonomous conversion mechanism. You can read more in the dedicated post and check out the STX and GNO token community pages in the app. Expect many more projects to adopt the Bancor Protocol™ shortly… Smart Contract Upgrades We pushed a great upgrade to the Bancor Smart Contracts, including the following features and enhancements: Gas limits to level the transaction playing field and prevent line jumping New terminology across many entities (read more on this below and expect to see rolling changes throughout our contracts and materials) Further gas limit optimizations to reduce transaction costs even more Allowing the purchase of Token Relay™ tokens with a single transaction Allowing sending of results of a transaction to another user Cleaner design, more separation between modules and less dependencies between converters, and more… New Terminology After a long and thorough process with the best minds in the business, we have finalized new terminology which more accurately describes the Bancor ecosystem and its various components. As is often the case with new inventions, we at first must use old words to describe new ideas. The lexicon below is adapted to reflect the autonomous and interconnected pieces that together create the Bancor decentralized liquidity network. The Bancor Protocol™ — This is the method described in our whitepaper by which a cryptographic token is related to another. The source token is a “Smart Token™” and its related token is called a “Connector” (formerly known as reserve.) The Bancor Formula™ — This formula governs the price relationship between a Smart Token™ and its Connector. The ratio balances buy and sell volumes while holding a token’s Connector “Weight” (see below) constant. The formula incorporates transaction size so each buy and sell affects the price as if it were executed in infinitely small increments. Weight — The weight of a Connector (formerly known as CRR) is the ratio between the Connector balance and the Smart Token’s Total Token Value (which is its supply x unit price.) This creator-configured parameter defines the sensitivity of a token to its Connector: A higher weight results in higher liquidity and greater stability, while a lower weight results in lower liquidity and lower stability. The weight of a Connector is held constant by the Bancor Formula while the Smart Token’s supply and Connector balance both rise with purchases and fall with sells, mandating that the price fluctuate accordingly. Smart Token™ — A Smart Token™ can be purchased for any of its Connectors and sold for any of its Connectors, directly through the smart contract. Beyond its initial creator-configured supply, a Smart Token™ is created when it is purchased and destroyed when it is sold. Because of the fraction in the Bancor Formula, Smart Tokens™ with a total Connector weight of less than 100% increase in price as their supply increases (when purchased) and decrease in price as their supply decreases (when sold.) While demand still governs price, the supply of a Smart Token™ is dynamic and adaptable, not finite. Token Relay™— A Token Relay™ is a unique kind of Smart Token™ with two Connectors, with a combined total weight of 100%. This configuration allows for simple integration of existing ERC20 tokens into the Bancor Protocol, making them backwards compatible. The new Smart Token™ created (for example, GNOBNT) is purchasable with either of its Connectors, and can be sold for either of its Connectors, making it a conduit for converting one to the other. Token Relays™ in the Bancor Network™ hold one Connector in BNT and the other in an existing ERC20 token, thus enabling the latter to convert into any token in the network, via BNT, which is itself a Smart Token™ (with a 10% weight ETH Connector.) The Bancor Network™ — Every token utilizing BNT as a Connector is part of what we call the Bancor Network™ and thus convertible for any other in the network through a maximum 2 hop process via BNT. The Bancor Network™ allows for autonomous, continuous, asynchronous convertibility between integrated tokens. This is the world’s first and only decentralized liquidity network. The Bancor Web App — This front-end UX allows users to create a Smart Wallet™ on the Bancor Network™ which they can use to buy and sell any token in the network by interacting with the Smart Token™ contract and convert between them at their formulaically calculated prices. This app will soon be widgetized and portable to any online or mobile destination for easy use throughout Bancor Network™ members’ ecosystems. https://blog.bancor.network/bancor-progress-update-325c648dfb3a
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whether leaving and removing a signature can now result in a canceled payment later?
Yes, the signature can already be removed, the number of shares has already been calculated, it has already been written about this
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Become a Cindicator Analyst! Our financial analysts are an essential part of Cindicator Hybrid Intelligence. It is they who provide “the wisdom of the crowd”, which is later processed with our machine learning models and turned into accurate forecasts. It is impossible to overestimate how valuable our analysts are, and they have our sincere gratitude. In this post we want to explain the great benefits of becoming a forecaster. 1. Training A good education is indisputably one of the most important and valuable things we can receive in our life, and practice is an essential part of the education process. We cannot learn a new skill without exercising it first. Cindicator cannot offer you classes on corporate finance or trading, but you can train yourself, using our app. Every day you will receive a number of questions on all relevant events in both traditional financial assets and crypto assets, along with links to all the information needed to make a forecast. You can track your progress and see where you were wrong, which is the first step to improving your expertise. The app is easy, convenient, and absolutely free to use. It is already available on Android and iOS platforms, and we plan to launch a web platform in early December. 2. Rewards Cindicator provides our analysts with an opportunity to monetize their skills and knowledge in a relaxed way. We send monthly rewards to the most accurate analysts — those with top ratings. Our ratings are nulled each month, so newcomers have the same chances of getting to the top as our veterans. There is a complete meritocracy –- the accuracy of your answers is all that matters. We are steadily increasing our monthly reward pool. It was $1,500 and 0.4 BTC in August 2017; in October, two months later, it is $2,000 and 0.6 BTC. We have already paid more than $60,000 in total since the launch of the crowd forecasting app. And we are constantly working on improving the motivational system to further express our gratitude to our analysts. In addition to financial compensation, we are also happy to provide our precise analysts with official certificates of their expertise. Such certificates are valued in the financial world, and we know of at least one case where it helped its owner to receive a job offer from a serious Wall Street company. 3. Community We are very proud of our supporters: data scientists, engineers, financial experts and researchers form a unique community. Joining Cindicator as an analyst gives one access to this international network of professionals and provides an opportunity to talk to people barely reachable in ordinary circumstances. It also provides an opportunity to share the experience with like-minded people and to learn from the best. In Cindicator we consider our community as a part of our core team. Therefore, we aim to interact closely with our community members; to work with them through the various community programs we are constantly developing. 4. Cindicator Imagine millions of analysts whose efforts are enhanced by artificial intelligence. Hybrid Intelligence has every chance of bringing the revolution to contemporary analytics –- not only in finance, politics, and sports,but in all areas where the forecasting of future events is necessary. By joining our analytics ranks now, you can become part of this success. https://techburst.io/become-an-analyst-for-cindicator-50bf8c998c7b
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Можете сказать когда выйдут монеты на биржу. Я так и не понял. Может я что то пропустил?
Пропустил, на предыдущих страницах, и неоднократно . MNX выйдет на биржу Livecoin 1 ноября 2017 года. Надеюсь, все будет по плану, хоть и не собираюсь продавать, но слово биржи и разработчиков -закон). На самой бирже даже прописано что торги начнутся 1го числа, та что все должно быть по плану MINEXCOIN NEWS Created 13.10.2017 14:25 Dear clients, Minexcoin asset will be available for trading on Livecoin from November 1. https://www.livecoin.net/en/news/view/481
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STORM Token™ Partners With Bancor STORM Token will become the second smart token in the Bancor Network Hello Storm Players and Storm Makers, Having had first-hand experience working with the innovative and supportive Bancor team, I’m excited to share with you our latest partnership. We are now in the final days until the launch of the STORM Token Crowdsale, and we are therefore delighted to be able to announce our new partnership with Bancor; an industry leader and innovator in the cryptocurrency space, and developers of the standard for a new generation of cryptocurrencies. Bancor’s co-founder Guy Benartzi, is a STORM Token advisor, and — working closely with him, and the entire Bancor team — we have developed strategic partnerships designed to position Storm Market as the leading platform for all micro-tasks — Bancor’s own team’s experience and expertise in the gaming space only illustrates the tight alignment of the partnership. Additionally, the Bancor partnership, ensures that we will provide an unparalleled user experience for the Storm community. As the second Smart Token in the Bancor Protocol, we are thrilled to make our STORM Tokens available to Bancor users. Users who hold STORM Tokens or earn through our marketplace Storm Market™, Storm Gigs™, Storm Play™, Storm Task™, will be able to easily use the Bancor automatic price calculation experience on the Bancor Network™ via a simple on-chain interface. We place a high emphasis on user experience and are confident that the collaboration between us and Bancor will enhance and differentiate the utility our STORM Tokens offer to our users. We are excited to have the opportunity to work alongside Bancor, and to be a part of the global adoption and growth of cryptocurrencies across the world. The STORM Token Crowdsale begins on November 7th at 6AM PST. https://blog.stormtoken.com/storm-token-partners-with-bancor-b47090315844
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Не забывайте что первый пост это картинка. в ней не изменишь дату как в тексте, а даже если сменить дату то все равно в первый пост врядли получится затулить...была инфа что ICO переносится, баунти продолжается, че кипишуете...спешка нужна при ловле блох, а тут вы деньги зарабатываете, и если нужно можно и подождать!
Все верно, в списках по баунти компаниям добавили колонку 7 неделя, так что продолжаем дальше продвигать проект)
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When bounty distribute will start?? I'm waiting for Twitter reward.
Thanks dev.
I join the question when we get generosity?
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уже какие то тестовый монеты пошли. как много я чего упустил за месяц отсутствия! а баунти уже можно то получить? и как? пока до получения монет еще рано, сейчас только тестировать начали, читал где то ранее ребята говорили что токены получим где в 4 квартале этого года, не это не точно Так ведь уже и начался четвертый квартал
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I participated in a company of generosity, when I could get my generosity? my wallet 0x3D0C9f864751fD73158210cAba258d0eEa22ccb1
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Is the bounty company finished?
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this is my first campaign in this forum i worked hard but i think this campaign was died I think that you are right their site is unavailable http://edutainment.tech/smart-gamesFile not found (404 error) If you think what you're looking for should be here, please contact the site owner.
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Very good news, now the Koreans will be able to join the project
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If I delete the signature now, will I get a reward? If not, why? Generosity is already closed. Better wait for the official information from the admin when you can remove the signature
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