How to get ANC ? Huh?
If all my coin in exchange do i get ANC ?
Not even sold 1
i also want to know what is antcoin
Basically antcoin is the coin that regular users will own, antshares give you the right to earn antcoins from the consensus mechanism, as well as voting rights. I suspect that you won't earn antcoin if you keep your ans on an exchange, the same as with PoS coins you have to have it in your own wallet, although I guess its up to the individual exchanges what they do.
Here is the info from the whitepaper:
100 Million Antshares exist, representing All of the ownership of the Antshares Blockchain. These 100 Million ANS will be created at once in the Genesis Block and distributed based on certain plans. The total number of Antshares is set at 100 Million, no alteration. The minimum unit of the ANS is 1 Antshares, no further division.
ANS are used for
•Bookkeeper Election
•Acquiring AntCoins generated by new blocks
•Acquiring Extra Service Charge in the form of AntCoins
•Voting over major issues concerning the protocol of the Antshares Blockchain
AntCoins (ANC)
100 Million AntCoins could be generated, representing ALL of the right of using the Antshares Blockchain. ANC will be generated by every new block. With the set slowly-decreasing pace of generation, ANC will be generated from 0 to 100 Million within approximately 22 years.
ANC are used for
•Accounting Charge payment
•Extra Service Charge payment
•Bookkeeper Nominee Deposit as collateral
...ANC will be written into the corresponding ANS addresses proportionally. ANS holders could claim these ANC to their ANS address anytime they wish to. For example, a shareholder who has 1% of all the ANS could acquire 8*0.01=0.08 ANC in every block of the 1st year, meaning 460.8 ANC everyday.
