You are viewing a single comment's thread from:
RE: [Video Blog #57] - Smart Contract Backdoors & Bancor - The Proof?
Really appalled to read that they have created so many backdoors to exercise control and authority over their users.
It seems to be a highly centralised token/system masquerading as a decentralised central bank/exchange. Their ICO was also handled quite arrogantly, changing the terms after the ICO began. I think the professor from Cornwell, Emin Gün Sirer has nicely exposed the flaws in bancor.
The token may certainly rise because of the bull market we are in but in the long term they seem to be against the basic tenets of crypto currency and blockchains