Latest Posts with Band Protocol (BAND) tag

Band Protocol (BAND)

122 Articles 6 Followers

Band Protocol (BAND) is a blockchain-agnostic protocol that enables interoperability between the existing world wide web and smart contracts through oracles for decentralized applications (dapps). In addition to bridging traditional systems with decentralized ones, the project’s solutions also tackle the pain points of speed, scalability and data flexibility.

 

The project was founded in 2017 by Soravis Srinawakoon, Sorawit Suriyakarn and Paul Nattapatsiri, who respectively serve as the project’s CEO, CTO and CPO. The project’s whitepaper was published in Q3 2018, with a revision that followed in Q1 2019. Private and public testnet versions of the network were launched in Q2 and Q3 2019 respectively. 

 

Currently in the second phase of development, the features under construction are custom data oracle scripts and a custom scripting language. Subsequent development tasks include wider blockchain compatibility, more payment options and smart contract interoperability with enterprise software.

 

Broadly described by the development team as a “decentralized oracle framework for Web 3.0”, the protocol is based on the Cosmos (ATOM) Network and has the capability to process thousands of transactions per second. The network utilizes two tokens to facilitate its features, the native token BAND and “dataset tokens.”

 

The BAND token acts as collateral against which dataset tokens are issued. Dataset tokens represent ownership in various datasets that are used in data feeds. These dataset tokens can be used for governance and staking.

 

The team has already developed two functional applications of note: the data governance portal and the non-custodial BAND wallet. The latter is self-explanatory, storing the tokens that users will use on the network. The data governance portal is where users can purchase dataset tokens and commit to actions like staking. Governance decisions include deciding the cost of data query, dataset configurations and the number of data providers.

 

Learn more about Band Protocol (BAND) here, including news, price predictions, opinions and analyses created by users.


AWC and BAND now available to stake in the Atomic Wallet desktop app

14 Jun 2020 1 minute read 0 comments klymacks

My Atomic Wallet desktop client just alerted me that the new client version was available a few minutes ago so I proceeded with the elegant new in-place install. Once it completed and I restarted the client, I quickly moved over to the staking menu t...

My Top 7 Altcoins For 2021

30 Nov 2020 4 minute read 1 comment coinbro

Hello, crypto fans! Today I want to share with you some of the altcoins that in my opinion will moon in 2021 and I have already got a bag of each of them. But before we go to the coin names let me explain how I selected them. You will not see here co...

Band Protocol (BAND) has completed 12% bullish setup By Forming Cypher

4 Apr 2020 1 minute read 0 comments moon333

Formation of bullish Cypher: This time on short term hourly chart the price action of Band Protocol (BAND) has formed bullish harmonic Cypher pattern and entered in potential reversal zone. Click here to visit tradingview for complete chart   Buying...

Learn Band and Earn Band

10 Dec 2020 3 minute read 1 comment Rutkowski

Earn $43 of BAND Hello everyone, Coinbase is back at it again with another earn drop opportunity that can earn you up to $43.00 of BAND that is currently valued at $6.71 with a Market Cap of 130 Million. You will have to answer 3 questions about BAND...

Coinbase Earn New - $ 3 BaND Token Quiz ($ 40 for referrals) + $ 6 FILECOIN

11 Dec 2020 1 minute read 1 comment seboafc

Coinbase Earn New - $ 3 BaND Token Quiz ($ 40 for referrals) + $ 6 FILECOIN Hello, after entering the coinbase account, we enter Earn Coinbase and we have a new FILECOIN quiz, we enter, sign up and either wait or get a quiz immediately, we also have...

Understanding Blockchain Oracle- Part I

18 Jul 2020 3 minute read 1 comment Ruma

If you are from a technical background you must have heard about the term Oracle. The Oracle is a database which can store enormous data. Many big organizations use this database for their data warehouse and other data-related projects. But how this...

CryptoBUY: Band Protocol ($BAND)

5 Feb 2021 3 minute read 10 comments Eybyoung

  Well, @Jane has her cyptoTalk blogs where she writes about the coins she's planning to add on her portfolio. Just copying the blog style, mine will tackle about the coins I already buy/bought so the blog will start at “CryptoBUY” because I bought t...

What Is The Best Oracle? LINK, BAND, REP, DOS, TRB, AE

8 Aug 2020 4 minute read 8 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Oracles are essential for realizing the economy of blockchains and their decentralized applications. Obviously these are tools that do not foresee the future but allow blockchains to learn the result of an event (from the real world). As such, they m...

Coins that have feed me and my family, part 2

19 Nov 2020 2 minute read 5 comments Cryptolohy

Alright! we would continue with the coins that have good enough tokenomics so as to be able to feed my family at least once, which makes them coins that have a special place in my heart.   Litecoin: Once I bought a sizable order of litecoin with the...

What is band protocol, video introduction from earn on coinmarketcap

31 Aug 2020 1 minute read 0 comments Andann427

 https://coinmarketcap.com/earn/Although this campaign has concluded  and reached its end point, I think the material presented is worth more than the value of the band that was offered as a reward! https://coinmarketcap.com/earn/project/band-protoco...