[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[JesusCryptos]

Every alt coin bleeding today, despite that, bancor rank in coinmarketcap increasing and climbing up

I didn't check if it is climbing in the position, but as for the price it is bleeding like anyone else, price has retreated to $6,51 right now. Hopefully it will be only a short retreat.

[Shahrul09]

Hey guys,
We are happy to announce another new token on our network, Tokenbox.
There are already 23 convertible token and counting.[/b]


TBX Token (Tokenbox.io) now LIVE in the Bancor Network for continuous, decentralized and automated liquidity. Check out the Web App to convert TBX, BNT, ETH and other tokens directly from your Web3 wallet.

http://bit.ly/BancorDiscover

[daniweb]

I have a question. Is it possible to calculate a path to convert one token to another over the BNT network using the BNT Converter or are those paths maintained elsewhere?

[LegendX]

Hi tx fees are to high is there a way to avoid these fees while using web3 wallet to buy token from bancor?

[Buerra]

Hey guys,
We are happy to announce another new token on our network, Tokenbox.
There are already 23 convertible token and counting.[/b]


TBX Token (Tokenbox.io) now LIVE in the Bancor Network for continuous, decentralized and automated liquidity. Check out the Web App to convert TBX, BNT, ETH and other tokens directly from your Web3 wallet.

http://bit.ly/BancorDiscover

Platform growing very well. Community growing too. Very promising additions for bancor. 2018 will be a good year for bnt.

[BancorAmbassador]

I created an account by the facebook, what can I do if I've lost access to the bancor account i signed up?

How have you lost access? Simply go to the Web App home page and log in using Facebook messenger when prompted.

Either way, you can use the Web App without logging in with Metamask. Follow this guide: https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

[ivaf]

I created an account by the facebook, what can I do if I've lost access to the bancor account i signed up?

How have you lost access? Simply go to the Web App home page and log in using Facebook messenger when prompted.

Either way, you can use the Web App without logging in with Metamask. Follow this guide: https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

Or try to ask at support@bancor.network
Then you can tell us what to do in such a situation. The question is relevant.

[BancorAmbassador]

I always loved Bancor concept, and I see it's gaining momentum.

The only thing that is bothering me is that it's working on ETH blockchain as an ERC20 token.

It depends on ETH success, and can suffer from ETH blockchain congestion, etc.

I think the "ultimate" currency, or store of value (constant growth based on market growth with new tokens/currencies added in its decentralized exchange) that Bancor is, should have its own blockchain.

I remember reading in the whitepaper that their are plans to be able to cover other blockchains too, etc.

But, do other people think Bancor is meant to be on its own blockchain?
I'm not an engineer so I don't know what are the current possibilities about cross-chain smart contracts to be able to run Bancor decentralized exchange, but I would be very happy to know what the community thinks about this aspect.

I really feel like Bancor can't fulfill its goal by remaining in ETH (or any other) blockchain.

Bancor operates on top of other blockchains for which it provides access to its liquidity network.

As Bancor is built to provide cross-chain liquidity, using ETH alone simply would not work. Building Bancor's liquidity network entails creating an entirely new ecosystem, which of course will have interplay with many other ecosystems, existing and future.

In line with this, there is a new Bancor department under construction, focused exclusively on developing cross blockchain architecture.

[BancorAmbassador]

EOS partners with Bancor? Is that true? I see the code branch of bancor on EOS.

Stay tuned. Big things in the works....

[BrainyNetwork]

I always loved Bancor concept, and I see it's gaining momentum.

The only thing that is bothering me is that it's working on ETH blockchain as an ERC20 token.

It depends on ETH success, and can suffer from ETH blockchain congestion, etc.

I think the "ultimate" currency, or store of value (constant growth based on market growth with new tokens/currencies added in its decentralized exchange) that Bancor is, should have its own blockchain.

I remember reading in the whitepaper that their are plans to be able to cover other blockchains too, etc.

But, do other people think Bancor is meant to be on its own blockchain?
I'm not an engineer so I don't know what are the current possibilities about cross-chain smart contracts to be able to run Bancor decentralized exchange, but I would be very happy to know what the community thinks about this aspect.

I really feel like Bancor can't fulfill its goal by remaining in ETH (or any other) blockchain.

Bancor operates on top of other blockchains for which it provides access to its liquidity network.

As Bancor is built to provide cross-chain liquidity, using ETH alone simply would not work. Building Bancor's liquidity network entails creating an entirely new ecosystem, which of course will have interplay with many other ecosystems, existing and future.

In line with this, there is a new Bancor department under construction, focused exclusively on developing cross blockchain architecture.

Thanks a lot for the answer .

It clarifies the role of Bancor in the crypto infrastructure, as a liquidity network rather than a blockchain. So, no need to spend time to develop and maintain a blockchain, rewarding masternodes/miners, etc. It makes sense.

However, on the technical side, we still have the BNT token as an ERC20, running on Ethereum. So, even if Bancor is a liquidity network, the token that stores all the network value (BNT) relies on Ethereum. I don't say Ethereum is bad, as I think it will just get better with time, but it still is dependant on Ethereum blockchain.

So, BNT token will always remain an ERC20 token, but Bancor devs will make it possible to trade it cross-chain using smart contracts.

Is that it?

[mexi.db]

TIO Token (trade.io) now LIVE in the Bancor Network for continuous, decentralized and automated #liquidity. Check out the Web App to convert TIO, BNT, ETH and other tokens directly from your Web3 wallet.


https://www.bancor.network/communities/5a410ad7d82f0300018b1941/currency

[Rexler]

I created an account by the facebook, what can I do if I've lost access to the bancor account i signed up?

How have you lost access? Simply go to the Web App home page and log in using Facebook messenger when prompted.

Either way, you can use the Web App without logging in with Metamask. Follow this guide: https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

Thanks for the link. But is MetaMask the only compatible wallet for Bancor? Please add support for other ETH wallets. This would bring more liquidity on the table since liquidity is something bancor is out to solve. I want to be able to buy tokens on Bancor network using any ETH wallet.

[sud]

I created an account by the facebook, what can I do if I've lost access to the bancor account i signed up?

How have you lost access? Simply go to the Web App home page and log in using Facebook messenger when prompted.

Either way, you can use the Web App without logging in with Metamask. Follow this guide: https://steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

Thanks for the link. But is MetaMask the only compatible wallet for Bancor? Please add support for other ETH wallets. This would bring more liquidity on the table since liquidity is something bancor is out to solve. I want to be able to buy tokens on Bancor network using any ETH wallet.

If I remember correctly you can also use Parity or Mist to trade on Bancor.

[wenzuo]

I have heard that the BNT is a token of exchange, similar to BNB, which is the token of binance, I just want to know if it is true since I do not know if there is any coins that listed on the bancor network.

[NrX]

Bancor team is continuously keep adding new tokens which is increasing total number of token without any stop. Just imagine limited supply of these BNT and which it will be started to use widely at large scale where it will be at value. At least $100 easily in few months so still very cheap now.

[mcfom]

I have heard that the BNT is a token of exchange, similar to BNB, which is the token of binance, I just want to know if it is true since I do not know if there is any coins that listed on the bancor network.

https://www.bancor.network/discover

BNT is more advanced and next generation exchange platform I don't think it can be compared with any centralized exchange. You can find all listed tokens through given link.

[szzc895l]

Bancor team is continuously keep adding new tokens which is increasing total number of token without any stop. Just imagine limited supply of these BNT and which it will be started to use widely at large scale where it will be at value. At least $100 easily in few months so still very cheap now.

It's impossible to predict how much the future price will rise, but what is certain is that the application of Bancor continues to expand and become popular, which is the key.

[Passive Coin]

Just bought another 40 BNT at dip, using Bittrex. I will have 100 BNT in Passive Coin Backing Fund.
This coin will rock as network will grow.
If dev. team do not give up, this project will be in the first league of most promising projects for the coming years.

Maybe I should think to add Passive Coin to Bancor network, in near future. Hmmmm

[BancorAmbassador]

I have heard that the BNT is a token of exchange, similar to BNB, which is the token of binance, I just want to know if it is true since I do not know if there is any coins that listed on the bancor network.

BNT is the Bancor Network Token. Bancor's platform is a Decentralized Liquidity Network, not an exchange.

There are currently 24 tokens live on the Bancor Web App that can be bought, sold and seamlessly converted into one another.

Check out the Web App here: https://www.bancor.network/discover

...and see this guide for how to use the Web App with Metamask: steemit.com/bancor/@bancor-network/4gurrp-how-to-use-the-bancor-web-app

[BancorAmbassador]

Just bought another 40 BNT at dip, using Bittrex. I will have 100 BNT in Passive Coin Backing Fund.
This coin will rock as network will grow.
If dev. team do not give up, this project will be in the first league of most promising projects for the coming years.

Maybe I should think to add Passive Coin to Bancor network, in near future. Hmmmm

Giving up is not an option. Bancor team is constantly working to realize the vision of bringing seamless liquidity to the longtail.