Hello, I'm @callihappiness in korea community. Today, I'll talk about Bancor protocol. This is new trading system in blockchain to success transaction without the match of the buyers and sellers.
The change in the concept of trade
I think, These will change the basic concept of the transaction in economy. Smart contract will be the exchange itself by code in it. You may think this is simple thing, but this is really important to the economy. There could be some some fallacy in this protocol as some people suggested. However, If this program success in the end, this will be the revolution in economy because any thing in the world could make their own price and traded in system.
First application of bancor protocol to Stox
The bancor protocol system started to accept several token to the bancor system that can be traded. Stox is the another Ico that decided to be included in the bancor system. The increase of the coin number in bancor will be the increase the value of the bancor and the hope of the bancor in the future. This could be the big exchange like bitshares in coin market. I think bancor will increase gradually after the release of the real version which is not alpha version. Also, the connection of several coins with the bancor also means that the community member of the crypto believes the value of the bancor.
i will talk about the importance of the buyer and seller in economy. This will explain the reason why bancor could be revolution in the economy. As i major business and management, I think this system will be the revolution in the basic concept in econmoy and company. As this is the challenge to the traditional concept of economy, I take attention to this blockchain.
If you like my post, please upvote and follow me.
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https://blog.bancor.network/this-analysis-of-bancor-is-flawed-18ab8a000d43
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Nice blog. I was about to post a similair post. The coin market will be turbulent for the upcoming year(s) but I really believe in it. We do need more indept investment analysis. I found this great website: https://www.coincheckup.com An amazing crypto research site. They researched every single crypto out there. This is truly great.
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