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 covered in this episode:
Eyal’s background in early internet startupsThe origin story of BancorWhy asset markets suffer from the double coincidence of wants problemThe benefits of Bancor-based Smart TokensHow Bancor and BNT can create a liquidity networkWhy BNT benefits from network effectsWhat went well and what didn’t go well about the Bancor CrowdsaleWhy Eyal thinks the price floor was a good ideaBancor protocolBancor WhitepaperResponse to “Bancor is Flawed” – The Bancor ProtocolBancor at Coinfest 2017 in Amsterdam - YouTubeBernard Lietear, EURO architect discusses BancorThis episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/194