Hi there,

As Bancor protocol is open source and publicly available on our Github, anyone is welcome to take the code and run with it, building a new network from scratch. There are no fees for using Bancor protocol, so there is no incentive for anyone to switch to another instance of the network with lower fees. Bancor is dedicated to the evolution of the Bancor protocol, growing the network, supporting 3rd party developers building on top of the protocol and projects using BNT, as well as the promotion and education of the Bancor liquidity network globally. These features and benefits, as well as many more in development (such as enhanced security, cross-blockchain compatibility, etc.) will create the network effect that makes networks truly valuable.

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains.

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