Stratis Coin – All important details at a glance

The Stratis Coin, also called STRAT, is the crypto currency of the Stratis platform, which wants to become the blockchain for companies. Companies should be able to build private blockchains based on Stratis and develop and use their own programs using simple programming languages.

Stratis Coin – What is this Bitcoin code?

The Stratis crypto currency is primarily used to maintain the Bitcoin code network. Besides, the coin can also be used to pay transaction fees or to be stored as an asset. The coin can also be sent as a token to transfer values between participants in the network. Stratis uses the proof-of-stake process to verify transactions and add new blocks to the Bitcoin code blockchain. Proof-of-stake is the process by which a consensus is established between different endpoints over a peer-to-peer network to verify transactions and add them to the database. In return, the users „stack“ coins on their Stratis Wallet. By chance they get the chance to get a few coins as a reward. The more coins there are on the wallet, the higher is the chance that you will get some paid out. The yield should be between 1 and 4 % per year.

The main focus of the development lies on the Bitcoin profit

The decentralized blockchain forms the platform to store different programs and applications on it testet by the onlinebetrug review. Stra tis uses the Bitcoin Nodes and the programming language C#. This programming language should make it particularly easy to develop applications tailored to the needs of Bitcoin profit companies. Most other blockchains are much more bulky in this respect. At the same time, the platform also offers an API based on Java and Javascript. The aim is to enable databases, hard disks and clouds to be connected to the blockchain. At the same time, the developers gain access to Microsoft’s .NET framework. Developers who are already familiar with the .NET framework will not have to reorient themselves for long with the Stratis crypto currency. Developers thus have an open-source tool at their disposal with which they should be able to find a wide range of applications for coin.

Within a short time it should be possible to create and use own, private blockchains based on the Stratis blockchain. These can be stored on the blockchain of Stra/tis. The aim of STRAT’s development is to make blockchain technology more accessible not only to large companies, but also to medium-sized and small companies and to deliver a wide range of applications. Possible areas of application include database management, the Internet of Things or verification.

Bancor Coin – Who is behind the crypto currency?

The Bprotocol Foundation, a foundation based in Switzerland, established in 2017, is responsible for Bancor Coin development. The main objective of the foundation is to develop the protocol as a global standard for smart tokens. The team consists of several entrepreneurs with years of experience in Internet technology and venture capital.

Bancor launched one of the largest ICOs to date, proving how successful ICOs can be in financing projects. Through the ICO in June 2017, the company raised $156 million, 390,000 of which was in ether, a record at that time. Since then, the price has doubled.

Bancor Coin advantages and disadvantages

The application possibilities are immense. Many crypto currencies are already based on the ERC20 token. The protocol makes it even easier to create new crypto currencies. This practice could thus become accessible to the general public or at least to companies that otherwise do not want to specialize in blockchain technology. The great potential lies in crowdfounding via ICOs. So far, block chains with initial coin offerings have mostly financed themselves. Through the BNT Coin, all possible companies and organizations can use Initial Coin Offerings to finance their projects.

A huge advantage is that all these tokens are ultimately based on the BNT crypto currency. Thus the tokens purchased to finance a project can simply be converted into other tokens using the wallet. According to the ICO, the tokens do not lose value because they have fulfilled their purpose. At the same time, the coin also has ether as a reserve. If you are not satisfied with buying the Ban/cor coin, you can convert the coins at any time and buy one of many other coins with ether.

As a disadvantage one could see the relatively high price. Buying a Bancor coin is not as cheap as many other crypto currencies. But this also shows the high potential of the network and the confidence of investors.

Bancor Coin Price – Development – Forecast

The Bancor share price started at between 2 and 3 euros per coin on the stock exchanges in June 2017. Thereafter, the price fell steadily in value, so that it fell to below 2 euros in July. In August, it still reached values of over 2 euros, after which the price fell back to the level of July and remained there for several months.

A change in the price began in November 2017, when the coin rose again to over 2 euros per coin. In December, the BNT coin was available for over 3 euros, the crypto currency even quoted over 4 euros at the end of the year. In January the coin jumped to 8 Euro within a few days and reached its highest level so far. Thereafter the coin lost value again, but this has not yet fallen below the previous year’s level.

So far the BNT coin seems to have followed the general developments on the crypto market. This makes it difficult to predict what the price will look like in the future. However, the high value of the coin is noticeable. The stock markets seem to have recognised the potential of the BNT coin and are prepared to invest in it. Ultimately, the development is not yet complete. Before that happens, it might be worth buying the Bancor Coin.