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Review on Bancor by Paul Sletten

Revainrating 3 out of 5

https://www.bancor.network/discover 3.33 per Bancor today. Recent…

https://www.bancor.network/discover
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3.33 per Bancor today.
Recent multinational market increases for the project bodes well.
No deposits, no exchanges, just smart contracts. Takes the guessing and 1 foot less fiber to the HUB trickery out of the equation.

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Pros
  • ETH shaped swap network. Built in convertibility for smart contracts to exchange tokens.
Cons
  • Until all coins can be swapped with all other coins, I give the sideeye to anything with ties to existing centralized banking structures. 200 ETH minimum purchase to add a coin to their network will back DIY'ers, but the VC firms blow past 200,000 in less than a second. Centralization first is not my favorite.

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