Bitcoin This month Trend

Bancor is a simple, but hard-to-understand protocol that enables price discovery and liquidity even for assets that aren’t actively traded. Co-Founder Eyal Hertzog joined us to explain how the Bancor protocol works and why they think it will play a key role in enabling a massive wave of small, but interconnected user-generated currencies. We dissected the workings of the protocol, its radical implications as well as the takeaways from their record-shattering, but controversial crowdsale.

Topics discussed in this episode:

• Eyal’s background in early internet startups
• The origin story of Bancor
• Why asset markets suffer from the double coincidence of wants problem
• The benefits of Bancor-based Smart Tokens
• How Bancor and BNT can create a liquidity network
• Why BNT benefits from network effects
• What went well and what didn’t go well about the Bancor Crowdsale
• Why Eyal thinks the price floor was a good idea

Sponsors:

• Shapeshift: Buy and sell alt coins instantly and securely without a centralized exchange – http://epicenter.tv/shapeshift

Support the show, consider donating:

• BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc)
• ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth)

Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.

bitcoin Trading Volume Surges 250% in Thailand After ‘Seasteading’ Fiasco An illegal ‘seasteading’ home belonging to a bitcoin-rich couple was towed by the Thai navy. Meanwhile, the publicity of the event has caused bitcoin volumes […]