Cryptocurrency Bancor (BNT): review, course and chart

General offer 75,930,878 BNT

The system was developed in 2017 by the Protocol Foundation company. The company's leaders are Bernard Lietaer, Eyal Herzog, and Guy Banarzi. The developers continue to improve the architecture of the project.

Bancor is a platform that can be used to convert two tokens. Anyone can create fully liquid smart tokens that will calculate their value automatically and will also be endowed with certain functions. The revolutionary protocol aims to be a new standard followed by ERC20 coins, which allows smart contracts to combine for continuous liquidity in the chain. Protocol modules connect the balances of different ERC20 currencies in a smart contract. Each participant can convert different tokens in the network to BNT or vice versa.

Users will get an inexpensive real-time mode automated exchange at the current non-commercial exchange rate, where prices are transparent thanks to a formula that constantly recalculates them. This method will allow you to exclude other people from the chain, without attracting exchanges that earn profits. Due to Bancor, users do not pay commissions when exchanging.

BNT is a coin that has Ethereum in reserve. It can be purchased for ETH, according to the current exchange rate based on BNT formulas. There is no issue. Mining was excluded because the limit was distributed.

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10 Bancor Network Token (BNT)
=
14.400USD