Decentralized liquidity network Bancor has launched a for on-chain conversions between () and () , according to a press release shared with Cointelegraph on March 12.
The new product, Bancor Wallet, is a non-custodial that is designed to enable on-chain crypto conversions between and -based “in a single action,” the press release reports.
The new is based on Bancor’s recently launched cross-chain protocol , which allows users to convert between and -based without exchanges.
Nate Hindman, Bancor’s director of communications, told Cointelegraph in a statement that the release of Bancor’s unified is expected to pave the way for the integration of other blockchains, giving () and () as examples.
While Hindman did not reveal details about what chains are expected to be integrated next, he emphasized “dev time required to add these chains is now dramatically lower than the time it took us to add .”
According to the press release, Bancor Wallet offers instant and zero- transactions between 9,700 pairs, ensuring that any in the network can be converted into any other at all times, regardless of available buyers or sellers. Bancor Wallet users will be able to access their decentralized applications () without leaving the ’s interface, the press release notes.
The announcements also outlines that Bancor Wallet’s launch follows recent that the Bancor protocol will be integrated into new Galaxy S10 via social gaming platform .
Back in 2007, Enjin with Bancor to use smart across the Enjin Coin platform and to enable Enjin Coin () ’s compatibility with the Bancor protocol and network.
As previously reported, the new Galaxy S10 smartphones will evidently ENJ, along with (), ETH and Cosmee’s , according to an official presentation.
Hindman also told Cointelegraph that, following the Samsung , “network volume in the past week reached an 11-month high of roughly $25M volume, up from $9M the previous week.”
Bancor’s own , Bancor Network (), surged in price this weekend, peaking at $0.76 per coin on March 10, the coin’s highest price point since November 2018, according to data from . At press time, BNT is at $0.61, up about 3.15 percent on the day.
Published at Tue, 12 Mar 2019 18:11:36 +0000
