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Bancor

Bancor is an ERC-20 token on Ethereum that allows users to exchange tokens without requiring a counterparty.

Decentralized exchange

πŸ’© 0%

Reviews for Bancor

πŸ”‘ 0 positive | πŸ’© 8 negative

πŸ’©

Bancor is all the risk of a centralized exchange, with none of the benefits like instant multilateral execution, and settlement guarantees. The worst of both worlds.

2018-07-10 | Full Review

πŸ’©

A Bancor wallet got hacked and that wallet has the ability to steal coins out of their own smart contracts. πŸ€¦β€β™‚οΈ

An exchange is not decentralized if it can lose customer funds OR if it can freeze customer funds. Bancor can do BOTH. It's a false sense of decentralization.

2018-07-10 | Full Review

πŸ’©

Bancor can be gamed by miners, and, even if the miners are naive or benevolent, will always trail the real market. It provides no efficiency guarantee during this discovery process, and will likely waste its reserves on market price discovery. You should think twice before you layer a coin on top of Bancor.

2017-06-19 | Full Review

πŸ’©

Bancor is objectively worse than all other market makers. If asset already has liquidity, it's not necessary. If asset doesn't have liquidity, then why are they inventing a pity based liquidity provider? Bancor breaks capitalism IMO and is total nonsense.

2017-11-26 | Full Review

πŸ’©

Bancor's scheme is odd, arguably flawed & certainly convoluted, posing a dependency risk on ETH. Their propaganda tone is just that.

2017-07-14 | Full Review

πŸ’©

So the Bancor can freeze accounts, create new tokens and block transfers. Why do they need a Blockchain again?

2017-06-23 | Full Review

Decentralized exchange comparison

See how Bancor compares with other decentralized exchange cryptocurrencies.