Band Protocol are building the future of decentralised oracles, collaborating with the likes of Chainlink, Tellor and Witnet.
Without a good oracle solution, decentralised finance doesn't work. We've seen proof of this in recent months with the likes of Synthetix, bZx and other projects malfunctioning due to issues with their oracles, and costing their users money.
Could Band Protocol be the future of oracles with their decentralised solution? In this video, I sit down with Soravis, Band's CEO, to discuss the pros and cons of his project.
I release weekly interview with the most promising projects in our remarkable industry. To stay tuned, subscribe now: https://goo.gl/8bDqQY
Watch the full interview - https://youtu.be/33cUBeEn09o
Creating an account on our site will allow you to customize your news stream and unlock additional functionalities!
The primary benefit of registring an account is that will give you the ability to customize your news feed and
select the sources from which your news are displayed.
In addition to this, registered users can
'Like' specific news items, thus showing their support and appreciation for the item
Comment on news items and rate comments
Propose new 'tags' on news items to improve searchability
The ability to engage in all of these actions is driven by a site-specific internal virtual currency
which we call Kreds. In order to encourage our users to use their moderation and
participation abilities responsibly, each action you perform will cost you a certain amount of Kreds.
You are automatically awarded a certain amount of Kreds every day and can earn Kreds by leaving comments
or propose tags which the community then approves through the on-site voting capabilities.
You have to be logged in to vote up news.
You don't have enough Kreds to execute this action.