Review on Band Protocol by Murat Mircalı
My thoughts on the Band Protocol
The Band platform is a blockchain that uses the decentralized Oracle application with the open blockchain protocol that tries to gather many bitcoin tokens under a single center. In fact, I think they did a good job putting together many cryptocurrencies. Band
the acronym for its protocol is known as BAND. The band protocol tries and mostly does to make many decentralized cryptocurrencies more secure. The target of the Band protocol is a surprisingly no-obligation blockchain protocol that is a token listing project.
BAND Protocol Coin, on the other hand, is a cryptocurrency that allows this data platform to switch between networks that connect decentralized coins. A Band Protocol servers with double-layer protocols in the public blockchain secure the user's personal information by allowing other decentralized platforms to incorporate their data into the band project. Although there are other blockchain projects that offer the same possibilities, the Band platform is my favorite because the trade volume is very high. Buda Band highlights its platform from other projects. The project is very interesting and attracts attention, moreover, it has a large number of users. The BAND Protocol has been in huge declines recently, its current price of 5.64 (-10.46%) USD, hopefully even higher in the future because the potential of the project is really high. I have high expectations for well thought out projects and hybrid developments.
Pros
- High trade volume
- Has a large user base
- Smart contracts allow to connect to traditional dynamic networks
- High speed in transferring filles.
Cons
- Coins have been losing value lately
