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

[fast2fix]

Can not you really understand all the things for those who use it for the first time? I tried to go directly to the telegrams. I'm getting a mistake. okay. then to further use this you need to invite users, comment and tie everything to any social networks. Is this how it is done? I just want to use it without any binding. I'm very displeased.

yes it is how it's done. it's not difficult to connect your telegram with bancor. just open bancor bot integration in telegram and tap on start then open link in browser then start exchanging.

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[JanuaryN]

At the start of the twenty-first century, the United Nations concluded that guaranteeing global human rights would cost more than four trillion dollars. Galia Benartzi, cofounder of Bancor Network, presents an intriguing solution: what if we moved on from an era in which only governments determine currency? What if anyone could mint money, and what would the implications be for human freedom?

https://www.youtube.com/watch?v=LcbHTF3zCdI

[Anthony_M]

I was planning to engage with Bancor earlier this month. And then you've experienced these awful theft attack.
I'm sure you are recovering pretty well after this. Hope, you've already developed a strategy to avoid such attacks in future!

[Tarasov1992]

I was planning to engage with Bancor earlier this month. And then you've experienced these awful theft attack.
I'm sure you are recovering pretty well after this. Hope, you've already developed a strategy to avoid such attacks in future!

Hello, Anthony. The team embraced the breach as an opportunity to improve. The web-app is back live! Please take a look at this video: https://www.youtube.com/watch?v=kxf48BTRdPo&feature=youtu.be&t=789

[DashingCrypto]

Bancor Progress Update: July 2018

Read more above!

Questions? Official Telegram

[nickamazix]

Come and join the discussion in our telegram!

https://t.me/bancor

[JanuaryN]

Last week, following the theft of roughly $23.5 million worth of cryptocurrency from the Bancor Network, Bancor used its publicly disclosed Anti-Theft Override to freeze stolen BNT in order to immediately recover $10 million of stolen BNT before it was liquidated. Some have claimed that the use of this Anti-Theft Override in the case of an emergency (or at all) demonstrates that Bancor’s decentralized liquidity network is not actually decentralized. We welcome the passionate conversation that has ensued in the industry despite its unfortunate catalyst.

https://blog.bancor.network/decentralization-is-a-journey-not-a-destination-263c38b53bd

[mexi.db]

"We want to allow communities to digitally create their own currencies - forming regional economies from the ground up."

WATCH: Director of Community Currencies, Will Ruddick shares the vision for Bancor's initiative in Kenya. https://ban.cr/PowerToThePeople

[EyeofthebeHODLer]

Hey Bancor users and enthusiasts! If you are new to the Bancor Network, or maybe if you have not used it in a while, you may find this video guide to be helpful.

[nickamazix]

I think it's time...

That you all join our telegram channel and express your love for Bancor!!

https://t.me/bancor

[maytinhvinh]

I would like to know more about this project,

[chichidori]

Last week, following the theft of roughly $23.5 million worth of cryptocurrency from the Bancor Network, Bancor used its publicly disclosed Anti-Theft Override to freeze stolen BNT in order to immediately recover $10 million of stolen BNT before it was liquidated. Some have claimed that the use of this Anti-Theft Override in the case of an emergency (or at all) demonstrates that Bancor’s decentralized liquidity network is not actually decentralized. We welcome the passionate conversation that has ensued in the industry despite its unfortunate catalyst.

https://blog.bancor.network/decentralization-is-a-journey-not-a-destination-263c38b53bd

I read about it and some token have this features as well for example EOS,  a complete stranger can freeze your fund if they suspect or it came from fraudulent activity. its a good way to counter theft but it defeats the purpose of decentralized blockchain.

[estenity]

I read about it and some token have this features as well for example EOS, a complete stranger can freeze your fund if they suspect or it came from fraudulent activity. its a good way to counter theft but it defeats the purpose of decentralized blockchain.

so this purpose appears completely defeated,
and BNT has lost half of his ICO price at 0,00491444 ETH.

[Tarasov1992]

I would like to know more about this project,

Hello, Maytinhvinh, please check with the knowledge base: https://support.bancor.network/hc/en-us

[Tarasov1992]

Last week, following the theft of roughly $23.5 million worth of cryptocurrency from the Bancor Network, Bancor used its publicly disclosed Anti-Theft Override to freeze stolen BNT in order to immediately recover $10 million of stolen BNT before it was liquidated. Some have claimed that the use of this Anti-Theft Override in the case of an emergency (or at all) demonstrates that Bancor’s decentralized liquidity network is not actually decentralized. We welcome the passionate conversation that has ensued in the industry despite its unfortunate catalyst.

https://blog.bancor.network/decentralization-is-a-journey-not-a-destination-263c38b53bd

I read about it and some token have this features as well for example EOS,  a complete stranger can freeze your fund if they suspect or it came from fraudulent activity. its a good way to counter theft but it defeats the purpose of decentralized blockchain.

Hello, Chichidori may I kindly note that freezing is used only for the emergency situations and is not to be used on every occasion.

[Tarasov1992]

I read about it and some token have this features as well for example EOS, a complete stranger can freeze your fund if they suspect or it came from fraudulent activity. its a good way to counter theft but it defeats the purpose of decentralized blockchain.

so this purpose appears completely defeated,
and BNT has lost half of his ICO price at 0,00491444 ETH.

Hello, Estenity, please take a look at how the team recovers: https://blog.bancor.network/bancor-progress-update-july-2018-4cfee421de1e

[mexi.db]

The emerging long-tail of currencies will include a diverse range of tokens, from fully decentralized models to others that balance self-reliance and central-protection. https://ban.cr/journey

[EyeofthebeHODLer]

Did you know that Bancor has a twitter? It's a great way to get major news fast, as well as interesting news and updates. https://twitter.com/Bancor

[kolinko]

Wondering how Bancor works? Check out this solid explainer: "A basic Bancor-style contract functions as both an exchange, and a self-balancing ETF." https://ban.cr/HowItWorks

https://twitter.com/Bancor/status/1023614176210702336

[Hullo]

There have lot of things changes in last few years. This is process of evolution if look at this by the point of view of Bancor that is becomes lot more easier to understand though having concept of complete decentralization in mind makes it little difficult to accept at this stage. I am sure in few months or let's say year or two people will be thinking other way.