BNT (Bancor) Cryptocurrency in a nutshell
2017-11-07 00:15:28 Discuss Mineable? If so how is it mined? Bancor BNT is a decentralized cryptocurrency and protocol. This protocol is a standard for the creation of Smart Tokens, a new standard for cryptocurrencies which are naturally tradable hence, it is not mineable. Furthermore, Bancor converts all Ethereum based tokens into BNT and after that, users can exchange them in the required token or leave it in the projects original currency. Maximum circulating coins The current circulating supply of Bancor BNT is 39, 115, 560 ... Continue reading.
Bancor (BNT) price, rating, news, and analysis - Binance Info
January 17, 2019 2:54 PM Discuss The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens. The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network's smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.
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Bancor (BNT) Digest: It is not often you see a project meet its roadmap targets like BNT does | CaptainAltcoin
January 17, 2019 2:30 PM Discuss Bancors price action was all over the place in the last couple of weeks. After peaking on August 7th with the price of $2.03/29091 satoshi the currency dropped off on the 14th. This drop bottomed out with the value of $1.39/22964 satoshi before it recovered to $1.73/26402 satoshi. While the USD value moved rather errantly towards the beginning of the month of September, BTC value managed to stay above 23000 satoshi. This drop went down much stronger on the 5th and we saw September bottom reached on the 12th, when the value of Bancor touched $1.11/17705 satoshi. The rest of the month saw the currency switch into a rather strong uptrend which continued to the day of the writing.
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Bancor (BNT) - ICO rating and details | ICObench
December 24, 2018 10:17 AM Discuss The Bancor protocol is a standard that allows anyone to easily create completely liquid smart tokens that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with. Thereby enabling the long-tail of completely liquid cryptocurrencies. Smart tokens hold other tokens in reserve, and can be used as decentralized token baskets (like ETFs), token changers (like shapeshift), project & protocol tokens (like GNT & REP), community currencies (like Ithacash & reward miles), and a lot of other use cases. The BANCOR network token will hold a single reserve in Ether. Other smart tokens, by using BANCOR as (one of) their reserve(s), connect to the BANCOR network. The BANCOR network token forms a monetary structure where increased demand for any of the network's smart tokens drives up the value of the common BANCOR token, benefiting all other smart tokens holding it in reserve.
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Ethereum DApp Bancor is Building a Bridge to the EOS Network
September 18, 2018 9:20 PM Discuss Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network, has announced that it will bring trustless token trading to the recently-launched EOS blockchain. Israel-based block producer and Bancor partner LiquidEOS made the announcement which has since been heavily edited on Monday. Funded through an initial coin offering (ICO) that raised a then-record $153 million in 2017, Bancor averages around 350 daily active users, which though low compared to centralized exchanges ranks it among the most popular DApps in the cryptocurrency ecosystem, according to DappRadar.
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July 09, 2018 6:50 PM Discuss Token creation platform Bancor has gone offline following a security breach that took place Monday morning that saw the platform lose millions of dollars worth of cryptocurrency. Bancor posted on Twitter that it took its platform offline following the security incident, stating that no user wallets were compromised. To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. We look forward to being back online as soon as possible. A spokesperson for Bancor confirmed the incident when reached by email. Nate Hindman, Bancor's head of communications, told CoinDesk that while the team had been able to block the transfer of an estimated 2.5 million BNT tokens worth an additional $10 million it wasn't able to do so for approximately 25,000 ETH worth about $12.5 million as well as almost 230 million NPXS tokens (worth roughly $1 million total).
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Bancor Launches Community Token Network to Combat Poverty in Kenya
June 18, 2018 2:13 PM Discuss Bancor, the world's largest decentralized crypto exchange, is launching a network of blockchain-based community currencies in Kenya, aimed at combating poverty. Bancor, the world's largest decentralized crypto exchange, is launching a network of blockchain-based community currencies in Kenya aimed at combating poverty Bancor is launching a network of blockchain-based community currencies in Kenya aimed at combating poverty, according to a press release shared with Cointelegraph June 18. Bancor, self-described as a decentralized liquidity network, secured a then-unprecedented $153 million in under three hours in an Initial Coin Offering (ICO) June 2017.
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Bancor Bounce Back ICO Is Winning Adoption - CoinDesk
February 19, 2018 7:00 AM Discuss When Bancor held its initial coin offering (ICO), it raised a lot of money and a lot of questions. Now, eight months on, the project seems to have found a role in the market. Announced last week, the Tel Aviv-based project, aimed to make it easier for people to launch their own crypto tokens, revealed it has grown its network substantially since June, when it raised $150 million selling tokens branded BNT. Including BNT, 35 tokens can now be traded on the platform, with more enough to push the number of tokens offered over 100 stating they'll integrate with Bancor soon. As far as token exchange volume on the platform, that has also spiked going from $3 million per week in November to $37 million per week in January according to the company.
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