tempus
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May 18, 2017, 10:00:31 PM |
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Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone
Antshares sets the pace in a new playing field amongst Blockchain applications and is set to release their smart contracts 2.0 in June, an important development contributing to the diversity of the blockchain community and of smart contracts, with Hyperledger not open to the public and Rootstock yet to release anything. https://btcmanager.com/antshares-flexes-a-tech-muscle-set-to-release-smart-contracts-for-everyone/
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Crpto4$
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May 18, 2017, 11:59:16 PM |
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Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone
Antshares sets the pace in a new playing field amongst Blockchain applications and is set to release their smart contracts 2.0 in June, an important development contributing to the diversity of the blockchain community and of smart contracts, with Hyperledger not open to the public and Rootstock yet to release anything. https://btcmanager.com/antshares-flexes-a-tech-muscle-set-to-release-smart-contracts-for-everyone/ milestone for next-generation blockchain platforms.
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herkuljee
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May 19, 2017, 02:58:36 AM |
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Strong bullish signal surrounding these news. And I believe many buyers move their ANS straight to wallet so that they can start accumulating ANC. So the supply side gets thinner as buys don't stay on market.
Cannot wait the Smartcontracts 2.0 release... dBFT working and showing it's great abilities. Looking the supply side in markets there’s not really much to buy at these prices for bulk smart money.
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andreibi
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Merit: 1012
Practising Hebrew before visiting Israel
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May 19, 2017, 11:22:39 AM |
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Accumulate ANC while extremely cheap and unavailable to Western buyers - easy money.
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herkuljee
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May 19, 2017, 01:46:34 PM |
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Accumulate ANC while extremely cheap and unavailable to Western buyers - easy money. Yes, ANC price has been now 20-30% of ANS price. I try to get as much as possible by holding ANS in wallet. I'm a little bit worried should exchanges get those "dividends" or should they be directed to those who "have" ANS in their exchange account correspondingly. Do you believe ANC price stays in that percentage region? I know that asset creation cost was 10 000 ANC. If asset creation has to be something every day "business activity" I don't think ANC price should be too high or asset creation will be "demotivated". Also this 10 000 ANC spent for an asset and how it ends up back in circulation (total ANC amount to be 100M) to be further used is someway unclear. So speculating with ANC price is still quite high fly IMHO.
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meeekz
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May 19, 2017, 01:48:18 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
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herkuljee
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May 19, 2017, 02:21:41 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper
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meeekz
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May 19, 2017, 02:31:58 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS?
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mtnsaa
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Merit: 1000
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May 19, 2017, 02:55:59 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? Yes ANC would be the currency of the platform basically, also similar to Factom and entry credits or most recently Gnosis and WIZ. The platform will have fiat gateways so it's not that you need ANC to register an asset either, but they will be burnt AFAIK and return to a pool to be distributed again to ANS holders.
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leizjg
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May 19, 2017, 02:59:29 PM |
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Antshares doing well at the moment because japan/china. I think this coin wil hit $5 within 3 months. The volume is huge and the contract with alibaba must rise the price.
Correction. Alibaba and AntFinances are in talks, not AntShares. Both have Eric as CEO but different last name. AntShares can go up anyways but not that much in that sort time. It's still risky, but worth monitoring.
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antshares
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May 19, 2017, 09:58:17 PM |
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Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyonehttps://btcmanager.com/antshares-flexes-a-tech-muscle-set-to-release-smart-contracts-for-everyone/There is an alternative emerging called the distributed Byzantine Fault Tolerance algorithm (or dBFT) which is used by Antshares, the Shanghai-based blockchain startup technology company, as well as Hyperledger. Performance is key to the Antshares unique and emerging brand, where Antshares' smart contracts proudly uses a lightweight AVM (Antshares Virtual Machine) for their runtime environment which starts quickly and consumes much less energy than alternative environments.
The programming languages Antshares can use provides a stark contrast to Ethereum which uses C++, GO, and Solidity. Antshares developers can use any advanced language they wish, such as C#, VB, .Net and F# and will soon also support JAVA, C, C++, GO, Python, and Javascript.
The impressive assortment of programming languages will give endless opportunity for existing businesses and organizations to transfer their systems into the blockchain, which will make the adoption of the technology relatively smooth. June 2017 will see the official release of Antshares' smart contracts 2.0 and the company will also collaborate with Innospace to hold a Blockchain startup competition twoard the end of May, which is sponsored by Shanghai Science and Technology Committee.
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maraofacoma
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May 20, 2017, 02:03:43 AM |
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rendravolt
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May 20, 2017, 02:34:32 AM |
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Accumulate ANC while extremely cheap and unavailable to Western buyers - easy money. To go to 100k satoshi it's very easy.
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xiyuyoufeng
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May 20, 2017, 05:04:12 AM |
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Accumulate ANC while extremely cheap and unavailable to Western buyers - easy money. To go to 100k satoshi it's very easy. Now ANC just on www.19800.com, it should go to the foreign exchange in this year. ANC is just like Eth gas. The price is stable, it's just for the service you want to register asset and publish or use smart contract.
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sadiga
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May 20, 2017, 05:17:28 AM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? yes, ANC will automatic to send your wallet because you hold ANS in your wallet. All the asset register in Blockchain or use smart contract they need to consume ANC, these ANC will be delivered to all the ANS.holders
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andreibi
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Practising Hebrew before visiting Israel
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May 20, 2017, 11:29:08 AM |
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If you follow NEM developments closely, which became big in Japan, I think Antshares will follow in the same path as NEM did. Now, NEM's marketcap is already $1.9 billion.
Antshares' marketcap is just $31m. If Antshares only achieved moderate popularity in China, maybe 16% of NEM's marketcap ($300M), that's 10x from current price of 37k satoshis.
Well, I think Antshares is a good bet, best risk/reward ratio and still cheap now as compared to buying NEM now.
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herkuljee
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May 20, 2017, 01:05:49 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? Yes ANC would be the currency of the platform basically, also similar to Factom and entry credits or most recently Gnosis and WIZ. The platform will have fiat gateways so it's not that you need ANC to register an asset either, but they will be burnt AFAIK and return to a pool to be distributed again to ANS holders. What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? Yes ANC would be the currency of the platform basically, also similar to Factom and entry credits or most recently Gnosis and WIZ. The platform will have fiat gateways so it's not that you need ANC to register an asset either, but they will be burnt AFAIK and return to a pool to be distributed again to ANS holders. I checked ANC is always needed to create asset (Extra Service Charge Collected by Antshares Holders). Fiat can be used for accounting charge (or it can be completely without charge) instead, so this applies after asset is created (e.g. credit points) and data is written within asset in bulk amounts so it can be charged free/fiat/anc. Then it says also, "Extra service charge will not be collected by anyone, but destroyed immediately and back to undistributed status. Through the distribution of ANC, they will ultimately be re-distributed to all ANS holders proportional to their shares." vs. "In the first year (Block No. 0-No. 2,000,000), 8 ANC will be generated by every new block. In the second year (Block No. 2,000,000-No. 4,000,000), 7 ANC will be generated by every new block. With this pace of decrease (-1 ANC per year), in the 8th year, only 1 ANC will be generated by every new block. This 1-block-1-ANC pace will continue since then, till the 44,000,000th block in the 22nd year, fulfilling the 100 million total sum of ANC. ANC shall cease to be generated after that." I am not sure if we have contradiction here because how ANC can be ultimately re-distributed without "double-issuance". After the last block fulfils the total amount of 100 million ANC, we should have ANC exiting/exited from circulation (through Extra service charge) and marked to undistributed status. On the other hand generation/distribution/issuance (are these the same(?) concept) "period" has ended so shall these destroyed ANC die off growingly or do we have another generation/distribution/issuance system as well?
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mtnsaa
Legendary
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Activity: 1568
Merit: 1000
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May 20, 2017, 01:18:53 PM |
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What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? Yes ANC would be the currency of the platform basically, also similar to Factom and entry credits or most recently Gnosis and WIZ. The platform will have fiat gateways so it's not that you need ANC to register an asset either, but they will be burnt AFAIK and return to a pool to be distributed again to ANS holders. What is the relationship between ANS and ANC? I hold ANS but unfamiliar with ANC.
Consider it as "dividend" of holding ANS. Also ANC is little same as "gas" in Ethrereum. More in Whitepaper So do I get ANC because I hold ANS? Yes ANC would be the currency of the platform basically, also similar to Factom and entry credits or most recently Gnosis and WIZ. The platform will have fiat gateways so it's not that you need ANC to register an asset either, but they will be burnt AFAIK and return to a pool to be distributed again to ANS holders. I checked ANC is always needed to create asset (Extra Service Charge Collected by Antshares Holders). Fiat can be used for accounting charge (or it can be completely without charge) instead, so this applies after asset is created (e.g. credit points) and data is written within asset in bulk amounts so it can be charged free/fiat/anc. Then it says also, "Extra service charge will not be collected by anyone, but destroyed immediately and back to undistributed status. Through the distribution of ANC, they will ultimately be re-distributed to all ANS holders proportional to their shares." vs. "In the first year (Block No. 0-No. 2,000,000), 8 ANC will be generated by every new block. In the second year (Block No. 2,000,000-No. 4,000,000), 7 ANC will be generated by every new block. With this pace of decrease (-1 ANC per year), in the 8th year, only 1 ANC will be generated by every new block. This 1-block-1-ANC pace will continue since then, till the 44,000,000th block in the 22nd year, fulfilling the 100 million total sum of ANC. ANC shall cease to be generated after that." I am not sure if we have contradiction here because how ANC can be ultimately re-distributed without "double-issuance". After the last block fulfils the total amount of 100 million ANC, we should have ANC exiting/exited from circulation (through Extra service charge) and marked to undistributed status. On the other hand generation/distribution/issuance (are these the same(?) concept) "period" has ended so shall these destroyed ANC die off growingly or do we have another generation/distribution/issuance system as well? I'm speculating since I'm not a dev and not chinese so information is a little hard to understand. What I think is that the platform will accept fiat gateways and will charge customers with fiat kinda like Factom charges their customers in entry credits (which are around $0.001 I think per credit). This will burn the equivalent amount of ANC needed to register an asset or other functions. I'm guessing if you hold ANC you can use the platform directly too but the exchange itself could be more complicated (again similar to Factom).
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muleroaa
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May 20, 2017, 04:03:34 PM |
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If you follow NEM developments closely, which became big in Japan, I think Antshares will follow in the same path as NEM did. Now, NEM's marketcap is already $1.9 billion.
Antshares' marketcap is just $31m. If Antshares only achieved moderate popularity in China, maybe 16% of NEM's marketcap ($300M), that's 10x from current price of 37k satoshis.
Well, I think Antshares is a good bet, best risk/reward ratio and still cheap now as compared to buying NEM now.
Yep, I agree with you. It's just been flying under the radar for so long, at least in the Western front. If they are able to market their Smart Contracts and keep constant communications going on a global scale, I'm sure it can reach towards 1 billion market cap at least. For now just patiently holding
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