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#194 Eyal Hertzog: Bancor and the Rise of User-Generated Currencies

By adam@letstalkbitcoin.com The LTB Network Aug 4, 2017 3:38 AM EDT

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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 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 idea

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

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


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