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Author Topic: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE!  (Read 1296433 times)
onetwo12
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June 21, 2017, 06:51:57 AM
 #6381

why people are crazy buying a coin only have 8 validation node?

you should just rent 8 server and release your own coin.....



Antshares has more than 300 nodes and this number is also increasing. Issues only arise when more than 1/3 of all nodes cannot come to a consensus with the rest and even then there is a method to resolve this, so that Antshares will not fork like Ethereum did. Go ahead and sit out and watch where this goes. You cannot do what Antshares does. You are not Chinese and thus you will never be supported by the largest economy in the world. The BRICS alliance will need a cryptocurrency to ultimately take out the petro Dollar. Go ahead and try to compete like that in the West and the people in black suits will come get you in black vans. Qatar also tried to sell LNG in Chinese Yuan and immediately it is made out to be the enemy when it does not act like a vassal state. Try as you might the ultimately solution will come from the East and not the West.

i know it has more than 300 nodes, but only 8 validation node?

am i right?



thank you.

No, there are now 423 full nodes aka bookkeeping nodes which validate the blocks and that number is rising quickly. They have to reach a consensus of more than 2/3 in order for transactions to be valid. How it all works is described in their whitepaper amongst other places. This is not centrally run like Ripple with relatively few validating nodes and neither does Antshares have the imperfections of Bitcoin or Ethereum in the form of the limitations of the One Man Bookkeeping. The Antshares Team thought everything through properly and it is far superior to the other systems. Admittedly they had time to learn from others what worked and what did not, but that does not change the facts. Your wallet might only connect to 8-10 nodes at a time, but that does not mean there are only that many.

If you want to prove you are 'right', then go ahead and setup your 8 servers and show the world how awesome your system is. We will be around to laugh when it fails.


BFT Consensus can not support a large scale nodes, you are wrong.

it can never be decentralized like bitcoin and Ethereum..

it's more like a centralized network.


then why you buy some data from a centralized network?

i am not trying to fuds, but that's the truth of science.

here you go 8 validation nodes:

also i do not know why people pump a digital asset platform?

and they claim they have better smart contact? show me the code and usecase.


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cybterpunk
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June 21, 2017, 07:16:03 AM
 #6382

why people are buying this coin?
thank you
startselect
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June 21, 2017, 07:34:15 AM
 #6383

why people are buying this coin?
thank you

It's big in China. Basically China, and its technology.
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June 21, 2017, 08:40:31 AM
 #6384

I read so much BS from newbies here so read this post and it will clarify:

WHY PEOPLE ARE BUYING THIS SHITTY COIN:

This shitty coin has apparently the same target as Ethereum and other smart contract platforms such as NEM but with better tech and lowest market cap.

FUCK THIS TECH:

Being able to write smart contracts in C# or Java is HUGE for developers. If you don't understand this you are not a developer and it's OK buddy
Ethereum suffers from a scalability and sharding problem and execution speed and Antshares solves these. If it sounds strange to you just remember "better tech".

CHINA WTF:

China wants to have their own coin apparently in response to Russia that want Ethereum etc etc. It can be a power game too. Who cares?

This coin is KYC compliant from the start that means that if it starts to get used in China officially to put assets online like physical assets and legal contracts and you know China is a major player in all Asia it can and will be huge. If Chinese banks one day get involved with this or billionaire investors from China that don't want to put their money in USA startups it can and will be huge.

Clear now?
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June 21, 2017, 08:44:10 AM
 #6385

why people are buying this coin?
thank you

This gives a good overview:

AntShare: What We Know, And Why It’s Skyrocketing In Value
https://medium.com/@stokchain/antshare-what-we-know-and-why-its-skyrocketing-in-value-a7e5291dc3c4
Hullo
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June 21, 2017, 08:59:16 AM
 #6386

Only limited number of people were knowing little bit available information about what actually was going to be developed. What I saw there was tweet about some smart contract. It was over bought/sold within 24 hours. I didn't touch though I had possibility to enter at 0.002 range. Lots of people lost huge money in matter of hours this is pity. I still am struggling to know more but can't about this project to satisfy myself to invest in it.

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Ashara
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June 21, 2017, 12:57:12 PM
 #6387


BFT Consensus can not support a large scale nodes, you are wrong.

it can never be decentralized like bitcoin and Ethereum..

it's more like a centralized network.


then why you buy some data from a centralized network?

i am not trying to fuds, but that's the truth of science.

Even the first sentence of the ANS whitepaper makes clear that it is decentralised. The current layout supports a theoretical maximum of 10000 Bookkeeping nodes. Every ANS represents a vote. We can make decisions about the system itself just fine. Enjoy your Bitcoin and Ethereum. Bitcoin will probably use as much electricity as Denmark by 2020 and both Ethereum and Bitcoin cannot handle truly vast transaction flows. Also enjoy your forking potential and the One Man bookkeeping limitations that both systems provide. You stick to Bitcoin and Ethereum and I will stick to ANS and we will see what is more successful in the long run. How is that for a deal?

Are Bitcoin and Ethereum more decentralised? Yes, but that comes at the cost of vast energy expense, inefficiency and speed. A single bitcoin transaction uses as much energy as almost four households use for a day. You might call that great. I call that bad design. I am fine with agreeing to disagree. The markets will speak for themselves.



everyone just saying they are better than BTC.

yes, you are right, you can have a lot SPV wallet or so called bookkeeping nodes,

but you do not have the right to be a full nodes, you just listen what the validation nodes tell you.

that's make no difference someone rent 8 server to offer money printing service.


and you do not even know what you are buying, time will tell who is right.

Bitcoin is bitcoin, Ethereum will be Ethereum.


You obviously did not notice that at https://www.antshares.org/ the number of FULL NODES at this point is 417. I think the only requirement to become a full node is having 10,000 ANS and running the proper Linux system whilst meeting all technical specifications. Everyone else who runs it is in effect a light node. If you read the network protocol (https://github.com/AntShares/AntShares/wiki/Network-Protocol), you will see that ANS holders can vote on validator candidates and it can be increased to a maximum of 1024. Validator candidates can be accepted, rejected or revoked. This is a continuous process. Let's give another example: Does a Presidential candidate run the country? No, it is a candidate who can be elected by others. That is the same with the validator candidates you are referring to. If you noticed carefully, 7 are effective and 1 was revoked. This appears to be an old list for selecting candidates. The number that matters is the 417 FULL NODES. This number is increasingly rapidly in the last few days. Contrary to Bitcoin ANS holders get to vote on which parties they trust to run the system.
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June 21, 2017, 01:11:56 PM
 #6388

Hey guys, follow this tutorial if you want to speed up sync times.
https://www.reddit.com/r/Antshares/comments/6ilkh9/how_to_speed_up_syncing_with_the_ant_shares_wallet/
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June 21, 2017, 01:16:25 PM
 #6389

Hummm, I think HUGE things are coming ! Buckle up !

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June 21, 2017, 01:37:08 PM
 #6390

Coinbase ETH still broken... Wanted to but before the uptrend... Sad
hrbt
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June 21, 2017, 02:09:17 PM
 #6391

ANTSHARES = new ETH

now price is 8$


remember when ETH was 8$

and price today?  Grin Grin Grin

time to load up our bags

cheers

Satoshi for Ico's and alts
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June 21, 2017, 02:13:17 PM
 #6392

Hummm, I think HUGE things are coming ! Buckle up !


Next big thing will be 28th June. ICO SunContract  Energy trading platform. Don't miss  Grin

www.SunContract.cn
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June 21, 2017, 04:07:31 PM
 #6393

There was a post earlier in this thread that said the max supply was going to be 100,000,000 ANS, is that correct?

I'm quite bullish about this coin  Smiley

To strive, to seek, to find, and not to yield.
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June 21, 2017, 04:24:59 PM
 #6394

There was a post earlier in this thread that said the max supply was going to be 100,000,000 ANS, is that correct?

I'm quite bullish about this coin  Smiley

Yes, that is correct. It will never exceed 100 million ANS. At the moment 50% is publicly trading and 50% is privately held by the developers which will become free trading at a later point. The Antshares team however stressed that they will also use a large part of their 50% ANS holdings to initiate joint ventures with all kinds of partners who can add value to Antshares and thereby let the value of Antshares further grow. Many other blockchains did not have enough reserves to properly initiate meaningful joint ventures with other companies and so that is why they reserved a large part to ensure much more growth potential. So personally I would not be surprised if they used 20-30 million ANS to initiate various joint ventures with large companies.
crypto research
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June 21, 2017, 09:06:52 PM
 #6395

Hummm, I think HUGE things are coming ! Buckle up !

Lets party start.
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June 22, 2017, 12:47:43 AM
 #6396

next coin to double its price is waves!!!

keep an eye!

waves does what antshares does but even more!!!
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^_^


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June 22, 2017, 12:53:11 AM
 #6397

Hummm, I think HUGE things are coming ! Buckle up !
Any news from developers?
I just can't understand what's going on with the price.
It looks like someone massively dumps from time to time...
Why? If it's a good time to buy low and hold?

CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION
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^_^


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June 22, 2017, 12:55:19 AM
 #6398

Could anyone explain what is going on on the market right now?!!
Why such huge sudden dumps?

CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION
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June 22, 2017, 02:54:15 AM
 #6399

Could anyone explain what is going on on the market right now?!!
Why such huge sudden dumps?

This is price discovery and accumulation phase. Some profit taking but long term this can only go up.

Snooze you lose. Don't be one of those shoulda coulda woulda but didn't guys.
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June 22, 2017, 04:28:26 AM
 #6400

everyone will be afraid of investing in it for months now at this price.... the next Stratis?
Stratis has been overvalued from the get go however. TBH I'm surprised it's stable where it is.

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