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CTO’s Read: Mainstream Blockchain Architectures’ Analysis by Antshares’ Erik Zhang
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The original text is written by Erick Zhang in Chinese on Chinese site of 8btc. (see article). Erik Zhang, the brain behind Antshares. Contact him: erik@antshares.org Antshares Whitepaper.
I.A General-knowledge lesson on Blockchain
Since the inception of Bitcoin in 2009, we have seen the fast development of Blockchain systems or Blockchain-based applications that have been built in various scenarios, which is the epitome of the continuing changes and improvement of Blockchain technology.
Blockchain is a distributed ledger. Unlike centralized ledger like a bank, it ensures ledger’s safety by storing the data on each node of the network. Simply put, Blockchain technology will use three bottom-level technologies: P2P, cryptology and distributed algorithm of consistence. In many cases, Blockchain systems will offer another function free: smart contract. Though a Blockchain system does not see smart contract function the indispensable part, it provides sound environment of trust for smart contract as it is decentralized in nature.
In order to meet the demands of different scenarios, Blockchain system will be modified before applied like the modification of ID recognition, consensus system, management of key, responding time, throughput capacity, privacy protection and monitoring systems etc. As companies that are in need of Blockchain systems are usually unable to do such modification, there are tailor-made Blockchain frameworks that can bespoke Blockchain systems to satisfy the needs of those companies.
This article will compare the features of Blockchain structures of the mainstream and typical Blockchain projects in the community. In order to maintain objectivity and fairness, this article only discusses open source Blockchain frameworks.
II. Brief introduction of Blockchain Architecture of Mainstream Projects
1.Bitcoin
Bitcoin originates from an essay written by Satoshi Nakamoto in 2008 named Bitcoin: A Peer-to-Peer Electronic Cash System, in which Satoshi described a digital cash and algorithm called Bitcoin. In the following years, the underlying technology of Bitcoin has been recognized and is named Blockchain. Bitcoin, as the harbinger of Blockchain technology, is the most influential and essential project in Blockchain family: numerous altcoins are based on Bitcoin’s technology. From Satoshi we can know the objective of Bitcoin is to achieve a pure peer-to-peer digital cash system, making online payment direct between senders and receivers without the involvement of an intermediary. These objectives can be summarized as following:
a1. A digital currency that can be issued without central agency
a2. To pay without intermediaries
a3. To maintain anonymity of users
a4. Trade can be revoked
From the angle of a digital cash system, Bitcoin has basically achieved these objectives. However, there are problems for Bitcoin to solve: attack of malleability, limit of Blocksize, fork and scalability.
Currently there are many digital currency are based on the framework of Bitcoin, of which there are some practical applications like coloredcoin and tØ.
Coloredcoin: some Bitcoins are carefully tracked and thus can be distinguished from other coins. These coins are called coloredcoin. Coloredcoin has some unique features irrelevant to Bitcoin so developers can create other digital assets on Bitcoin network. Coloredcoin itself is Bitcoin and thus can be stored or transferred without a third party.
tØ is the financial application of Bitcoin. It is Blockchain-based public&private share trading platform initiated by Overstock, an online seller in America.
2.Ethereum
The objective of Ethereum is to provide a Blockchain of Turing-complete language, with which users can create contracts to script codes to achieve multiple functional changes. With Ethereum, users can create a Blockchain-based application with a logic compiled by a few lines of codes. Ethereum can be applied to areas beyond currency.
The philosophy of Ethereum is to support “no” application. But the Turing-complete language means any type of application based on any contract logic can be created on it. To conclude, apart from the functions found in Bitcoin, Ehereum has other objectives as following:
2a. Turing-complete contract language
2b. Constant built-in storage of state
There are hundreds of Ethereum-based projects now, among which Augur, the Dao, Digix and FirstBlood are well-known.
Augur is decentralized platform for market prediction based on Ethereum. Users on it can use digital currency to make predictions and bet as a way of prediction via the wisdom of the masses, greatly eliminating the centralized risks from rivals and servers.
Owing to the limit of length of the this article, I cannot introduce all Ethereum- based projects. There are also many Blockchain projects based on modified code of Ethereum but most of them are close-source ones hence this article will not discuss them.
3.Fabric
Fabric is a project member of Hyperledger and its development was by IBM and DAH. Similar to Ehereum, Fabric is also a distributed smart contract platform. What differentiate it from Ethereum is that it is a framework instead of public chain from beginning and it does not have built-in tokens.
As for Hyperledger, it is initiated by Linux Foundation and is an open-source project aiming at promoting Blockchain technology and standards. Members of Hyperledger now totals 100 including ABN AMRO, Accenture, JP Morgan, Huawei and other dozes of groups of interests. The objective of Hyperleger is to use the platform to promote and streamline cooperation between members to meet the demands from different sectors.
Back to Fabric. Fabric as a Blockchain framework is based on loose coupling. It sets consensus mechanism, ID recognition and other components as modules so Fabric enables users to choose proper modules according to specific scenarios. Moreover, Fabric uses container technology: chaincode is running in the docker so that smart contracts can be coded through any advanced language.
The objectives of Fabric:
3a. Module-based, components fungible
3b. Smart contract run on docker
There are quite a few Fabric-based projects including financial ones are underway using Proof of Concept, they are still in infancy, tough.
4.Onchain DNA
Onchain DNA (Onchain Distributed Networks Architecture) is a Blockchain framework developed by Onchain, s Blockchain start-up based in Shanghai. Onchain DNA can support public chain, private chain and consortium chain and can be integrated with business systems.
Different from Ethereum and Fabric, Onchain DNA’s underlying technology can support various digital assets, enabling users to create assets on the chain and use smart contract to control issuance and trade logic of the assets. For most scenarios of Blockchain, digital assets are necessary. However, to develop a smart contract based business proc for each type of digital assets is wasteful and ineffective. Therefore, bottom-layer support of digital assets is essential. For scenarios where there is no need of digital assets, the Blockchain application can also be achieved via user-defined logic of smart contract on Onchain DNA.
Here are the objectives of Onchain DNA
4a.Bottom support of various digital assets
4b.Cross-chain operation
4c.Trade can be finalized
Now there are a number of financial agencies including banks, security companies, payment and clearance companies using Onchain DNA to develop POC(proof of concept) products. Projects like antshare and Lawchain are the mature projects based on Onchain DNA.
Antshare is a public chain focusing on digital assets. Through a P2P decentralized protocol that can register, issue, transfer, trade and settle digital assets, antshares helps digitalize assets and equity in real world. Antshares’s structure is in line with Onchain DNA and thus can operate between chains as long as they are based on Onchain DNA.
Lawchain is the world’s first commercialized Blockchain project featuring storage of legal evidence. It is based on Onchain DNA. Its record and storage system are the joint efforts of multiple agencies. The system is decentralized and no single agency or node can mutate the information recorded, thus meeting the demand of legal evidence required by judicial system.
5.Corda
Corda is developed by R3CEV, a Blockchain start-up headquartered in New York. R3 Blockchain consortium has attracted dozens of giants in banking industry including HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Bank of Australia, Royal Bank of Canada, Sweden Nordic Bank (SEB), Bank of America, Bank of America, Bank of New York Mellon, Citibank and the French Industrial Bank. From the nature of R3’s member, we can tell Corda is a technology structure designed for inter-bank business. Though R3 claims it is not Blockchain, R3 still has several important features of Blockchain.
Corda is developed by Java and Kotlin, and its major functions like smart contract and data access all rely on Java.
The objectives of Corda:
5a.no general ledger
5b.Notaries will solve the double-spending problem
5c.Only participants and notaries can see the transactions
To achieve these objectives, transactions on Corda will not be broadcast to the full network. Besides there is no direct communication between nodes and there is no P2P network either. Hence, Corda’s network will be confined to a small scale and its application will be narrower.
III.Detailed Comparison from technological levels
In this chapter, we will make a series of comparisons among Blockchain structures mentioned previously and further discuss their differences and similarities.
1.digital assets
The internal token of Blockchain projects is usually an economic impetus mode and a way to prevent valueless trade. Bitcoin by nature only has one and the only one internal token. Therefore, all the “transactions” are transferring tokens in essence.
The internal tokens of Ethereum and Onchain DNA not only functions as impetus mode and preventative measure for valueless trade, they also serve as a channel to charge fees. For example, the running of smart contract on Ethereum needs to consume GAS and the creation of digital assets on Onchain DNA also needs to consume tokens (optional).
Ehereum and Fabric do not have bottom-level support for various digital assets. They support digital assets via smart contract. The positive side of this design is that the Blockchain system will be very simple and the handling of assets will be very free. Nonetheless, the negative side of such design is that assets creator needs to code repetitive business logic and there is no unified way for users to manage their own assets.
For Onchain DNA and Corda, they have the bottom-level support for various assets, allowing users to create assets conveniently. And users can manage all the assets in the same application. For business scenario that requires more complicated logic, users can also use smart contract to diversify the functions of the assets or to create a business logic unrelated to digital assets.
2. Account system
UTXO (Unspent Transaction Output): Each digital coin will be registered under the ownership of a certain account. A digital coin will be in of the two sates: either spent or unspent. When we need to use a coin, we will mark the coin as “spent” and simultaneously create a new coin of same value. The created new coin will be recorded in the balance of a new account. In this process, the coin marked as “spent” is called input of the trade while the coin newly created is called the output of the trade. There will be more than one input and output in one transaction but the sum of inputs must be equal to the sum of outputs. To calculate the balances an account, we only need to sum the face value of all coins registered under that account.
Bitcoin and Corda use UTXO as its account system but Ethereum use the more direct one –Balance system: each account directly records the balances of the account. Transferring coins is to reduce the balance of an account and to add the equivalent amount to another account. Onchain DNA is compatible to the two modes.
Then what is the differences between UBXO and Balance mode? The advantage of UTXO is that trade can be verified and can be done in random order as there are no connection between accounts, which is very helpful for its scalability. On the other hand, Balance mode is also good as it is simple and direct, making it easier to achieve application. In the case of smart contract, to handle UTXO mode is extremely hard. This explains why smart contract oriented Ethereum use Balance mode while the assets oriented Blockchain, Onchain DNA and Corda tends to use UTXO.
As for ID recognition, Bitcoin and Ethereum barely have such design. The reason is simple: the two Blockchain projects emphasize privacy and anonymity and are against monitoring and centralization. It is apparent that ID recognition will introduce some centralized agency or weakened centralized agency.
Fabric, Onchain DNA and Corda coincidentally choose digital certificates to recognize users’ ID. The reason: the three Blockchain systems all have objective of being applied to existing financial system and financial system is subjected to regulation and government monitoring. Furthermore, digital certificate has already been extensively used in financial system. Blockchain’s ID recognition system via digital certificate will make its integration into financial system more quickly.
3. Consensus system
Consensus system is the core algorithm for digital system. The data on distributed system are scattered on each of nodes of the systems and thus these data need an algorithm to maintain consistency. Different from traditional distributed system, Blockchain is decentralized and in many cases, financial assets will be involved. Therefore, Blockchain system face Byzantine problems instead of general problems that are more common for decentralized distributed systems.
Bitcoin and Ethereum use Proof of Work to keep ledger’s consistency. PoW is also a distribution mechanism of token. Via economic incentives, it encourages code to be a part of efforts in developing the Blockchain community, and nodes need to exhaust a random number so that the blocks meet the required difficulty requirements. Once the Blockchain faces a fork, the honest nodes will choose chain of larger workload and abandon the one of lower workload. The fact that all nodes are profit-driven and that choosing the chain with lower workload means invalid incentive, all nodes will finally choose the honest chain. Hence, all the nodes become aligned and consistent.
To maintain such a Blockchain of PoW, powerful computation capability for the whole network is needed or the ledger’s data could be mutated. Moreover, even there is strong enough hash power to protect network, PoW is unable to make sure trades can be finalized. For example, Bitcoin’s network often see the generation of orphaned blocks. Data on orphaned blocks can be revoked. That is why it takes 6 blocks to confirm one trade as the benchmark that the trade is theoretically finalized. Even so, the confirmation is yet to be absolute as one can never be sure that there is no hash power greater than the sum of the network trying to cancel the previous trade. The cost of electricity used by computers of the whole network is also enormous. Actually, Ethereum is considering using other consensus mechanism instead of PoW
Fabric and Onchain DNA both have Byzantine Fault Tolerance (BFT) as the consensus mechanism where nodes are classified into normal nodes and validating nodes. Only validating nodes can build blocks. The separation allows the designer to have the chance to limit the number of nodes into a controllable scale.
There are requirements for nodes in the BFT: we assume that f nodes in total are faulty, then there should be at least 3f+1 nodes participating the whole network to avoid fork. In BFT, the building of each block needs at least 2f+1 nodes to participate while with PoW each node can build one block. In BTF, once a block is formed, it cannot be revoked as 2f+1 honest nodes will not sign two blocks at the same height.
PoW is highly flexible and practical as each node can build a block with almost no need of other nodes. Nodes can join or exit the network at will. Even there is only one node in the network, it can still function normally, the cost is that trade can not be finalized, though. BFT, on the other hand, is less flexible and practical. Validating nodes have to be online and can not exit the network. Once 1/3 of the nodes breakdown, the whole network stops to work. However, BFT can make sure that all trades are finalized.
4.Smart contract
In 1994 cryptologist Nick Szabo firstly initiated the concept of smart contract, which is almost as old as internet. Smart contract refers to the computer programs that can automatically execute the terms of the contract. Before the emergence of Bitcoin, there is no safe and reliable execution environment, so smart contract was unable to be applied to reality. Blockchain, for its centralization, openness and transparency, is born to be able to provide reliable environment for smart contract to be implemented. Therefore, the new blockchain frameworks almost all have built-in smart contract function.
Bitcoin has a built-in stack-based script execution engine that runs a unique scripting code for simple validation of transactions, such as signature verification and multiple signature verification. This set of scripting language is designed intentionally: non-Turing complete is simple but still enough to deal with the various needs of money transfer.
Ethereum is the first blockchain featuring Turing-completeness and smart contract. Users can create their own contracts on the platform while contracts can contain any logic including money transfer. The contracts on Ethereum are written through a language called Solidity, which, developed by Ethereum team, is an advanced language dedicated to the coding smart contracts. Solidity is similar to JavaScript and will be eventually compiled into bytecode and run on EVM (Ethereum Virtual Machine ). EVM provides stacks, memory, storage and other virtual hardware, as well as a set of specified instruction set. All codes are running in the sandbox. EVM enables contracts to interact and it can even dynamically load the codes of other contracts at run time. This ability makes the Ethereum’s contract highly flexible, though it may also bring uncertainty to functions of the contract.
Fabric, unlike Ethereum that invents its own language and virtual machines, chooses the existing container technology to support its smart contract function. Fabric’s smart contracts can theoretically be written in any language, which is very friendly to developers as there is no need for them to learn new languages and developers can reuse existing code and the resourceful development pool with familiar development tool. Fabric’s runtime is docker. There are problems for this structure: first, it is difficult to control the execution process of the smart contract so that its function can not be limited; secondly, it can not evaluate accurately on computing resources needed for running smart contract.
In addition, running the docker is relatively costly, which makes it difficult to run contracts on mobile devices; Finally, different hardware configuration, contract reference library of different nodes all contribute possible uncertainty of contract
Onchain DNA uses AVM (Antshares Virtual Machine) as the bottom support for its smart contract function. AVM is a micro-core and platform-independent smart contract execution environment that provides a set of instructions including stack operations, flow control, logical calculation, arithmetic calculation, cryptographic calculation, string calculation and array operations. For hardware, AVM only provides two computing stacks. However, since it allows the implementer of the Blockchain to create its own virtual hardware and use it as an interface to the smart contract, the contract can still obtain platform-related data, persistent storage, and access to the Internet at runtime. While this may also lead to uncertainty of contracts’ behavior, the implementer of the Blockchain can eliminate this uncertainty by writing proper virtual hardware. However, due to the absence of compilers and development environments that are compatible with AVM, it is difficult to develop smart contract based on AVM. Developers have to use a similar to assembly syntax for coding smart contracts, which requires relatively higher technological proficiency.
Corda’s smart contracts, like Corda itself, are based on Java Virtual Machine (JVM). Therefore, you can use any JVM-compatible language like Java and Kotlin to develop. However, Corda has made some changes to the JVM, bringing more certainty to the contracts run on it. The development process is roughly like this: use Java to create a class that implements the Contract interface and provide a function called verify that is used to validate the transaction. The function accepts the current transaction as a parameter. If validation of transaction fails, the function will show abnormal (exception), no such signal means that verification is successful. Corda uses JPA (Java Persistence Architecture) to provide constant storage. It supports SQL and commonly used databases without the need to install plug-ins. As the data are only stored at the nodes of contract implementers, global permanent storage cannot be achieved.
5. Scalability
The data structure of Blockchain usually only allows for adding data instead of modifying or deleting records. Blockchain honestly records the historical data, enabling the new nodes to verify transaction history of the whole network without the need to trust other nodes. This feature leads to convenience of decentralization but also to challenges for scalability of Blockchain. As Blockchain will grow indefinitely until the block is full, it is necessary to provide a storage reduction mechanism to handle the ever-increasing data.
Bitcoin use Merkel tree to store the transaction hash. When you need to reclaim the disk space, you only need to remove the old transaction from the Merkel tree. A block header containing zero transaction information is only 80 bytes big. Bitcoin’s blockchain will generate data of 4.2MB at the rate of 10 minutes/block. Then it won’t be a problem to store all the block headers in the memory.
Based on Block compression mechanism, Ethereum, Fabric and Onchain DNA further use state flash mechanism to save disk space. Specifically, sate flash means that the block header will not only record the root hash of all transactions of current block but also root hash of previous blocks. These include all the UTXO, balance account and contract storage, etc. In this case, all the nodes only need to keep the latest blocks and the complete status information.
Another important indicator of scalability is the throughput of transactions. Tough many factors will determine throughput capacity like network structure, encryption algorithms, and consensus mechanism, the most important thing is whether the transaction can be verified in parallel. If the transaction can be verified in parallel, then by simply increasing the number of CPU the throughput can be increased.
It is very easy to do parallel transaction on Bitcoin that is based on UTXO: there is no direct connection between UTXO and the change of any UTXO can be done independently without the need to consider order. On the other hand, parallel verification on balance account system won’t be that easy as there can be cases where multiple transactions are impact the same account so you need some extra additional steps to handle. For example, there are 2 transactions that are related to the same account with balance of 10 USD. The first transaction will add 5 USD to the account while the other will minus 11 USD from the account. If we execute the first transaction, then the two transactions can be executed and the final balance will be 4 USD. However, if we execute the second transaction first, then it will fails for insufficient balances. Only the first transaction will succeed. The final balance is 15 USD.
IV.Uniqueness of each Project
1.GHOST Agreement
The “Greedy Heaviest Observed Subtree” (GHOST) protocol is an updated version of the PoW used by Ethereum. The motivation behind GHOST is that blockchains with fast confirmation times currently suffer from reduced security due to a high stale rate – because blocks take a certain time to propagate through the network, if miner A mines a block and then miner B happens to mine another block before miner A’s block propagates to B, miner B’s block will end up wasted and will not contribute to network security. Furthermore, there is a centralization issue: if miner A is a mining pool with 30% hash power and B has 10% hash power, A will have a risk of producing a stale block 70% of the time (since the other 30% of the time A produced the last block and so will get mining data immediately) whereas B will have a risk of producing a stale block 90% of the time.
GHOST solves the first issue of network security loss by including stale blocks in the calculation of which chain is the “longest”; that is to say, not just the parent and further ancestors of a block, but also the stale descendants of the block’s ancestor (in Ethereum jargon, “uncles”) are added to the calculation of which block has the largest total proof of work backing it. To solve the second issue of centralization bias, GHOST also provides block rewards to stales: a stale block receives 87.5% of its base reward, and the nephew that includes the stale block receives the remaining 12.5%. Transaction fees, however, are not awarded to uncles. Calculation shows that 5- level GHOST protocol with incentives can achieve more than 95% valid rate of blocks. A miner of 25% hash power benefit less than 3% from centralization.
2.National Encryption and Algorithm
National Encryption Algorithm refers to the commercial encryption algorithm set at national level or international level. In China, there are SM1, a symmetry algorithm, SM2, an asymmetry elliptical encryption algorithm and SM3, a hashing algorithm. Usually Blockchain projects will use international standards like AES, ECDSA and SHA2.
For financial agencies in China, they tend to choose the national standard.
Onchain DNA provides module for users to choose proper encryption algorithm based on different scenarios, which provides security and avoids policy risks.
3.Cross-chain operation
Currently every day will witness numerous Blockchain projects and the cross-chain operation becomes an urgent need. Corporate users may need can transfer their business between different chains. Private users may need assets exchanges between different chains. The digital currency of PBOC may also need to circulate on different chains.
Onchain DNA actually provides a cross-chain inter-operation protocol. Users can trade assets and implement contracts across chains while the operation can maintain consistent on different chains.
4.Non-Chain structure
As said in the Whitepaper of Corda, it does not have a chain structure. Its transaction will not be broadcast to the network and will only be transmitted between trade participants and notaries. Therefore, only certain people have access to the data and this protects privacy. As Corda’s nodes only needs store related transaction information instead of the all trade information, the storage space will be spacious.
V.Conclusion
This article compares and discusses the characteristics and functions of each Blockchain frameworks from multiple dimensions, and expounds their advantages, disadvantages and limitations in the application field.
Bitcoin, as the prototype of Blockchain technology, is the most essential one among the community. However, because of bottom technology’ limitations like such as mining, non-Turing completeness, it is difficult to apply it to complex business scenarios. On the other hand, Bitcoin will very suitable for currency issuance.
Although Ethereum also uses mining mechanism, its GHOST protocol improves the efficiency of mining. Moreover, Ethereum is also developing the new consensus algorithm and developing more privacy protection programs based on encryption such as coinjion plan based on ring signature, which is very suitable for the creation of decentralized autonomous organizations (DAO).
Fabric and Onchain DNA mainly provide Blockchain solutions to enterprise-level problems. Solutions. They are suitable for customizing consortium chains in various fields including in financial area. The difference between the two is that Fabric focuses more on smart contracts and Onchain DNA on digital currency. Besides, fabric is more suitable for the development of complex customized business processes, while the Onchain DNA is more suitable for digital assets-oriented financial business system and equity registration and transfer system.
Corda is the “distributed database” for banks. It abandons block and chain and thus can better separate the trade data. However, Corda has introduced the concept of notary, making the network inflexible and inscalable. Coada show no distinctions with the existing banking network.
The original text is written by Erick Zhang in Chinese on Chinese site of 8btc. see original text
Senior Editor of international site of 8btc Years of experience of working at KPMG, one of the big 4 accounting firms, discerning in disseminating the useful and essential information in bitcoin and blockchain area as he deeply understands that finance, among many areas, can be the most crucial arena where blockchain and related technologies can be applied. Chris was also a senior interpreter and translator before joining 8btc News.
COMMENTS(47)
Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: 8btccom
8BTC Int’l Cover Story, Mainstream Blockchain Architecture Analysis by Antshares’ Erik Zhang
http://news.8btc.com/ctos-read-mainstream-blockchain-structure-analysis-by-antshares-erik-zhang …
Quote from: Yaremi on February 15, 2017, 09:52:03 PM
Quote from: biggernugs on February 15, 2017, 09:08:54 PM
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
https://bittrex.com/Market/Index?MarketName=BTC-ANSPretty sure the is another CNY exchange with much more liquidity but these prices are probably near rock bottom anyways. If you search back in the thread you’ll find the available exchanges.
Thank you. Good information.
You’re welcome. Here’s another one for youhttps://www.19800.com/market/cny_ans/Antcoin ANC is also traded there, ANC is what you receive when staking ANS in your wallet. There’s a couple more but this should at least give you some more info to analyze
Quote from: frankmb on Today at 09:41:05 AM
Quote from: chichidori on Today at 04:07:51 AM
It should be going up considering that they have posted good updates partnership with other company in which others altcoin can not even achieve in a span of 1 year dev have been working hard but whos dumping the coins?
Bounty hunters who no longer have the patience to wait for a price rise and probably some from the 1st round ICO who bought ANS at 0.0001 in 2015. It are mostly asks with just 1k to 5k ANS at a low price so probably not huge a whale dumping them at once I guess.
Lol! look at “huge” buy side and ask yourself how much can you dump at current price. and bounty hunters do not hodl. 1k to 5k sells are just fine to sell off and not totally crash the price.
CTOs Read: Mainstream Blockchain Architecture Analysis by Antshares Erik Zhanghttp://news.8btc.com/ctos-read-mainstream-blockchain-structure-analysis-by-antshares-erik-zhang8BTC Cover Story today
Quote from: frankmb on Today at 09:41:05 AM
Quote from: chichidori on Today at 04:07:51 AM
It should be going up considering that they have posted good updates partnership with other company in which others altcoin can not even achieve in a span of 1 year dev have been working hard but whos dumping the coins?
Bounty hunters who no longer have the patience to wait for a price rise and probably some from the 1st round ICO who bought ANS at 0.0001 in 2015. It are mostly asks with just 1k to 5k ANS at a low price so probably not huge a whale dumping them at once I guess.
I think that 1st ICO partecipant already dumped ans when they started trading at 0.00026btc and above. If i understood correctly that was near the 2nd ICO price, where we bought, but significantly above first ICO price. Was even +200%.I lost a few satoshis on this too.Goodluck everybody.
Quote from: biggernugs on Today at 09:08:54 PM
Quote from: Yaremi on Today at 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
https://bittrex.com/Market/Index?MarketName=BTC-ANSPretty sure the is another CNY exchange with much more liquidity but these prices are probably near rock bottom anyways. If you search back in the thread you’ll find the available exchanges.
Thank you. Good information.
Quote from: antshares on Today at 12:27:00 PM
CTOs Read: Mainstream Blockchain Architecture Analysis by Antshares Erik Zhanghttp://news.8btc.com/ctos-read-mainstream-blockchain-structure-analysis-by-antshares-erik-zhang8BTC Cover Story today
I think we would appreciate it if Mr. CTO Erik Zhang, the main dev of Antshares would visit this thread and say a few words or answers some inquiries. We are used to communicating directly with main developers here in BTCtalk. After all, most of us are vested in his creation.
Quote from: Yaremi on Today at 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
https://bittrex.com/Market/Index?MarketName=BTC-ANSPretty sure the is another CNY exchange with much more liquidity but these prices are probably near rock bottom anyways. If you search back in the thread you’ll find the available exchanges.
Where is antfund whitepaper?
I am reading now about this project. Looking good.Where can i buy?
is there a paper wallet for ANS?
Small ant essay block chain opinion leader selection tournamenthttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://8btc.com/thread-46598-1-1.html&usg=ALkJrhj1YZaAxSXMMcOAJGo8IP5iT6e6gQ On February 14th, the small ant community officially opened the block chain opinion leader contest , build a stage to let you show literary talent , the content can be rigorous depth, but also can easily witty. The first deadline March 13, reward a lot, come and join it!In order to better serve the community in the chain, the little ant team has been focused on the technology at the same time and always concerned about the voice of the user, your voice is very important to us , especially for the block chain to understand the deeper industries friend.You can interpret the chain from a different point of view, more easily accepted by friends who are similar to your view, because the concept is difficult to use solid language to explain, but also need to understand by analogy, as long as you can express and You know the idea of some similar people, you are the leaders we are looking for!Is it hard to write articles? As long as you know the little ants, you can write!Focus on technology, you can write the technical principles and development methods of the block chain, or develop tutorials based on the public chain; focus on entrepreneurship, you can write how to use the block chain from 0 to 1 of the entrepreneurial road and assets of the digital Method approach; concerned about the price, you can write their own analysis of the factors of price changes, do block chain investment since the experience and lessons.Long-term point of view, you can write down your chain of chain technology in the future Imagination; still learning block chain, you can write down your development process or use the process, to record their own growth while others can encounter the same problem To help … … In short, as long as you want to write, there will always be something you write!Little ants need more people to understand, the block chain needs more people to understand, through all angles to write out the explanation of small ants, the interpretation of the block chain of articles can be more easily accepted by people. Will write the article sent to us, you can get the little ant team reward, the general article 100 small ants coins / articles, the essence of the article 300 small ants / articles . (A small ants market price of 0.4-0.5 yuan)Finally, the fine article will be selected by the professional big coffee, the top three can get mysterious prizes , absolutely amazing! In addition, we will organize and sponsor participants and all kinds of activities, so that people who act more opportunities.Activity Rules:1. Candidates should be no less than 500 words, or illustrated, in the form of novel;2. Participate in the way 1: in the Babbitian forum and posted in this post reply link; Mode 2: or sent to liailinlll@outlook.com ;3. Please specify the contact (QQ, email) and wallet address, easy to send incentives;4. This event will be held one month each month, do not miss yo;5. Opinion leader seed group QQ group 422921138 , do not participate in the group do not group.Reference case:1. Is it said that the block chain makes me an angel investor?Http: t.cn/RcWjFLZ2. How does the block chain combine with reality? The unity of knowledge and practice is the most reliable wayHttp: t.cn/RJSzk0M3. Those big to the amazing brain hole, actually have become a realityHttp: t.cn/RJSzbk74. What does the little ants mean? Today finally understandHttp: t.cn/RJSzCMZ[Small ant essay] block chain opinion leader selection tournament
Quote from: Jayjay04 on Today at 06:57:46 PM
I dont see any ANC trading…
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=https%3A%2F%2Fwww.19800.com%2Fanc%2Finfo&edit-text=Small Ant Forumhttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=http://www.antfans.org//&usg=ALkJrhhHsXI5lTjGgllzROpH7p20ss9idAhttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://www.antfans.org/%3F/topic/&usg=ALkJrhiPcb3uCFQzp-jIFkLENEEqJrchDg
Little Ant news biweekly 04th issue 2017/02/09https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://www.antfans.org/%3F/question/191&usg=ALkJrhh-CPKAiroBvIzU4QZTk1hDg41o6wFirst, technical updates1) TPS upgrade; 2) the development of cross-chain interoperability agreement; 3) intelligent contract development environment and compiler; 4) virtual machine perfect. There are some technical updates related to the small ecology: 1) superconducting transactions 2.0; 2) Nest ants fund; 3) POW asset contracts; 4) various contract items and so on.2. In the new version of the light purse, will increase the scan two-dimensional code transfer function and support background synchronization. The application will synchronize the block data in the background, can effectively shorten the synchronization time, combined with the already developed gesture password function and other optimization, can greatly improve the experience of the wallet.Second, community activities3. It is planned to carry out the “Opinion Leadership Tournament” campaign in the Babbitt community, and the contestants will be able to be rewarded and honored by their own thoughts and expressions. The small ants will organize and sponsor the dating activities and parties. Babbitt Ants Forum Address: http://8btc.com/antshares4. The community recruited and formed an operational team responsible for community content, channels and forum operations, and will carry out search engine optimization and brand building, improve the relevant terms.Third, the market cooperation5. Small ant block chain will cooperate with the Mengru VR team to explore the game + block chain technology. Based on the block chain technology, the steam / TGP platform can be used to realize the game, the security of the chain and the chain. The economic system of the game itself can also refer to the economic model of the block chain to realize the game The production, distribution and circulation of money (tokens, props).6. Sean Manor will use the small ants, micro-angels and legal chain brewing the first land rights and interests ICO (to overseas landlords). Seine Manor is committed to building a bridge between Chinese users and a wealth of global natural resources, enabling users to share the world with a higher quality of life.7. small ant core developer Zhang Zhengwen in China’s most influential and most authoritative IT professional technical journal “programmers magazine” published entitled “written to the CTO mainstream block chain architecture horizontal analysis” of the technical articles, and reproduced to Babbitt information, enthusiastic response, click on the amount of more than 6,000 times, welcome more technical cattle people to join the community to discuss. Article link: http://www.8btc.com/blockchain-architectureFourth, ecological information8. open source community usher in a new ant core developer Li Jianying, the future will focus on the development of intelligent contract compiler to achieve.9. The company’s parent company started its first ICO interest dividend. The academy is a subsidiary of Shenzhen Bracket Technology Co., Ltd., which specializes in artist training, film and television practitioner training and artist broker, and successfully completed ICO on December 09 last year.
I dont see any ANC trading…
this project looking good
Quote from: Primitive on February 16, 2017, 11:55:58 PM
is there a paper wallet for ANS?
No
Quote from: MoveCrypto on February 17, 2017, 04:11:05 PM
Quote from: scambust on February 17, 2017, 11:33:42 AM
Quote from: scambust on February 10, 2017, 06:54:03 AM
FYI:Some major Chinese traders got scared of the halt on Bitcoin withdrawals in the three major Chinese exchanges. It seems they are moving funds to Western exchanges. Antshares asks side in Bittrex doubled because of this. An increase in trading volume in Bittrex will confirm this.
Still not confirmed but look at that. Yunbi’s volume gone. Next Yuanbao.
I don’t know why Chinese traders even use Chinese altcoin exchanges, to be honest. Yunbi, Yuanbao, and 19800 all have a $0 withdraw limit until ID documents are uploaded.Bittrex has 1 BTC daily withdraw limit for unverified accounts, and 4 BTC daily withdraw limit for basic SMS verification.
It’s simple really… First, in China, you can move CNY easily from service to service even by just using your phone. All the transactions happen within the banking environment which is very quick – inter-bank, account to account. And this includes the crypto exchanges. Basically, their “go to” currency is Yuan and not Bitcoin since it’s faster to move than crypto. All the trading volume always involve CNY pairs and not BTC pairs. Second, they have no problem with sharing their identities with the government as their government is already invasive as it is, but only up to a point.So trading with CNY and cryptocurrencies was always great for them. Until the PBoC began to tighten up controls over the exchanges. The window to protecting their wealth from the government is becoming small. I suspect some are already moving a portion of their btc offshore or off-exchange “just in case.”
Quote from: scambust on February 10, 2017, 06:54:03 AM
FYI:Some major Chinese traders got scared of the halt on Bitcoin withdrawals in the three major Chinese exchanges. It seems they are moving funds to Western exchanges. Antshares asks side in Bittrex doubled because of this. An increase in trading volume in Bittrex will confirm this.
Still not confirmed but look at that. Yunbi’s volume gone. Next Yuanbao.
Quote from: scambust on Today at 11:33:42 AM
Quote from: scambust on February 10, 2017, 06:54:03 AM
FYI:Some major Chinese traders got scared of the halt on Bitcoin withdrawals in the three major Chinese exchanges. It seems they are moving funds to Western exchanges. Antshares asks side in Bittrex doubled because of this. An increase in trading volume in Bittrex will confirm this.
Still not confirmed but look at that. Yunbi’s volume gone. Next Yuanbao.
I don’t know why Chinese traders even use Chinese altcoin exchanges, to be honest. Yunbi, Yuanbao, and 19800 all have a $0 withdraw limit until ID documents are uploaded.Bittrex has 1 BTC daily withdraw limit for unverified accounts, and 4 BTC daily withdraw limit for basic SMS verification.
is there roadmap for 2017?
Quote from: btvGainer on February 18, 2017, 12:06:59 PM
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
I want to get rid of this shit.I have somewhere around 450 ANS and my web wallet takes ages to sync.I can give you PASSPHARASE and everything you want.You can move it to your wallet.
I can help you with that if there is no problem on desktop wallet, havent used it for weeks now
Quote from: kampretkabur on February 18, 2017, 12:18:20 PM
Quote from: btvGainer on February 18, 2017, 12:06:59 PM
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
I want to get rid of this shit.I have somewhere around 450 ANS and my web wallet takes ages to sync.I can give you PASSPHARASE and everything you want.You can move it to your wallet.
I can help you with that if there is no problem on desktop wallet, havent used it for weeks now
I am using web wallet.I tried to install desktop wallet but it requires me to download additional files.Desktop wallet will also take long to sync,so there is no use installing it.Btw what is the current market price of ANS?
Quote from: btvGainer on February 18, 2017, 08:46:24 PM
Quote from: kampretkabur on February 18, 2017, 12:18:20 PM
Quote from: btvGainer on February 18, 2017, 12:06:59 PM
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
I want to get rid of this shit.I have somewhere around 450 ANS and my web wallet takes ages to sync.I can give you PASSPHARASE and everything you want.You can move it to your wallet.
I can help you with that if there is no problem on desktop wallet, havent used it for weeks now
I am using web wallet.I tried to install desktop wallet but it requires me to download additional files.Desktop wallet will also take long to sync,so there is no use installing it.Btw what is the current market price of ANS?
0.00011600 right nowhttps://www.bittrex.com/Market/Index?MarketName=BTC-ANS
Quote from: btvGainer on February 18, 2017, 08:46:24 PM
I am using web wallet.I tried to install desktop wallet but it requires me to download additional files.
I have no experience using the web wallet. The desktop wallet requires the installation of the .NET framework, isn’t it possible for you to download it?Quote from: btvGainer on February 18, 2017, 08:46:24 PM
Desktop wallet will also take long to sync,so there is no use installing it.
Yes it will, but probably less than the web wallet, it also depends on the speed of your internet connection. You could try running it for one or two days and see how it progresses …
Quote from: btvGainer on February 18, 2017, 08:46:24 PM
Quote from: kampretkabur on February 18, 2017, 12:18:20 PM
Quote from: btvGainer on February 18, 2017, 12:06:59 PM
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
I want to get rid of this shit.I have somewhere around 450 ANS and my web wallet takes ages to sync.I can give you PASSPHARASE and everything you want.You can move it to your wallet.
I can help you with that if there is no problem on desktop wallet, havent used it for weeks now
I am using web wallet.I tried to install desktop wallet but it requires me to download additional files.Desktop wallet will also take long to sync,so there is no use installing it.Btw what is the current market price of ANS?
I was using windows 10, it took me about half of a day to get fully synced, i saw someone uploaded the chain before, might be better to use that
Quote from: Yaremi on February 15, 2017, 08:58:23 PM
I am reading now about this project. Looking good.Where can i buy?
I want to get rid of this shit.I have somewhere around 450 ANS and my web wallet takes ages to sync.I can give you PASSPHARASE and everything you want.You can move it to your wallet.
Quote from: cryptonikus on February 17, 2017, 06:44:09 PM
is there roadmap for 2017?
like this onehttp://review.lospopadosos.com/wp-content/uploads/2013/02/picturecontent-pid-516dc.jpg
Quote from: scambust on January 27, 2017, 01:35:39 AM
For all new Antshares Windows wallet users:You can download Chain.zip – 270.7 MB to speed up blockchain sync.It takes 40 minutes to download. And good until block 442604.Just extract to AntsharesCore folder.
Quote from: MoveCrypto on February 17, 2017, 04:11:05 PM
Quote from: scambust on February 17, 2017, 11:33:42 AM
Quote from: scambust on February 10, 2017, 06:54:03 AM
FYI:Some major Chinese traders got scared of the halt on Bitcoin withdrawals in the three major Chinese exchanges. It seems they are moving funds to Western exchanges. Antshares asks side in Bittrex doubled because of this. An increase in trading volume in Bittrex will confirm this.
Still not confirmed but look at that. Yunbi’s volume gone. Next Yuanbao.
I don’t know why Chinese traders even use Chinese altcoin exchanges, to be honest. Yunbi, Yuanbao, and 19800 all have a $0 withdraw limit until ID documents are uploaded.Bittrex has 1 BTC daily withdraw limit for unverified accounts, and 4 BTC daily withdraw limit for basic SMS verification.
19800 daily limit for withdrawals is 10BTC or 1000000 (1mil) ans daily after you confirm your ID
Quote from: antshares on February 15, 2017, 12:27:00 PM
CTOs Read: Mainstream Blockchain Architecture Analysis by Antshares Erik Zhanghttp://news.8btc.com/ctos-read-mainstream-blockchain-structure-analysis-by-antshares-erik-zhang8BTC Cover Story today
Cool.Nice report.Ant is getting more and more attention.
Guys project like this need some patience, also BTC is super perfoming the last 60days so there is no alt coin that can shine and do his stuff,
Somebody told me ANS have PoS.Where can i find information about ANS PoS?
Quote from: kaicrypzen on Today at 03:09:32 PM
Quote from: Yaremi on Today at 02:52:01 PM
Somebody told me ANS have PoS.
It doesn’t have PoS per se, however holding ANS (Antshares) on your addresses entitle you to claim ANC (Antcoins).Quote from: Yaremi on Today at 02:52:01 PM
Where can i find information about ANS PoS?
You can check the white paper out to see for which purposes Antshares and Antcoins are used, and also to know how Antcoins are issued: https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#j.
Thank you. Reading whitepaper.
Quote from: CoinBreader on Today at 08:25:16 AM
Guys project like this need some patience, also BTC is super perfoming the last 60days so there is no alt coin that can shine and do his stuff,
This is the most badly rekt holding in my portfolio. Down -69% from ico btc price.- no wallet works except extremely slow to synchronize Windows wallet. Windows is the worst operating system for managing crypto wallets. Its closed-source and malware-infested nature does not mix well with crypto- ssl not setup properly on antshares.org and website is often unavailable- Team went radio silent for a week while they were on vacation for new years. Truly dedicated and competitive teams like Iconomi and Komodo worked straight through the holidays because they want to be first to market.- They started collecting money in October 2015 and still don’t have basic send from address A -> address B wallet functionalityMy gut told me to stay out of this, but then I got caught up in the China Huobi fomo and statements such as these:Quote from: antshares on August 31, 2016, 01:30:50 AM
The gap here is that, many lovely people in the west are not as informed as the Chinese audience in that, they are not aware of the reputaion and work that goes into this project. Our team members bear far more greater opportunity costs than a merely 20k btc market cap could compensate. We will definitely try to establish some smoother channels for us to communicate with the community in a stable way.As for the market cap management, there will always be speculators pumping and dumping, but in the end it comes to solid progress that can be recognized by the market.People will come and find out in the natural course of time.
It would not have been hard to keep the China Huobi hype going with a basic functioning wallet and some arbitrage bots working between Chinese exchanges and BittrexI thought this was supposed to be the first refundable ico? Where is the buy support for people who want to cut their losses and get out of this?
Quote from: Yaremi on Today at 02:52:01 PM
Somebody told me ANS have PoS.
It doesn’t have PoS per se, however holding ANS (Antshares) on your addresses entitle you to claim ANC (Antcoins).Quote from: Yaremi on Today at 02:52:01 PM
Where can i find information about ANS PoS?
You can check the white paper out to see for which purposes Antshares and Antcoins are used, and also to know how Antcoins are issued: https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#j.
Now they go vacation forever lol
Quote from: @boutiuqe on Today at 01:44:52 AM
Now they go vacation forever lol
Vacation?Busy Github if you ask me.https://github.com/AntShares/AntShares/commits/masterhttps://github.com/AntShares/AntShares.VM/commits/masterhttps://github.com/AntShares/AntSharesCore/commits/master
Quote from: @boutiuqe on Today at 01:44:52 AM
Now they go vacation forever lol
Did they ever come back from vacation after taking the candy from the babies.
I can hear crickets i have lost a lot and still hoping they can pull off all that they mention, the VR games the alibaba using their chain if none of those happen then we just got suckered in an hyped investment.
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://www.antfans.org/%3F/question/195&usg=ALkJrhhmY4zp0FrnHYUKu9VkFS4tUmwl5QLittle Ant News Weekly Issue 5First, technical updatesRecently tested the first super-trade transaction 2.0 first successful test. Superconducting transactions are new de-centric trading models that are implemented through smart contracts and AVM. Any individual or team, can be based on superconducting transactions to develop the business layer of landing applications, such as superconducting trading model of the forecast class platform, P2P platform, all platforms and other applications. Blue Whale is the first floor project of the concept of superconducting transactions, and its team is involved in the open source development of superconducting transactions and is responsible for the transaction testing.At the same time, the small ecology ushered in the block block lovers Lcux development of the new block browser http://antchain.xyz . The browser on the basis of ordinary block browser, an increase of some of the system but the ordinary people can not obtain the objective indicators, such as the system running time, the system effective trading volume, the real number of various types of assets, the system The number of internal addresses and so on. Lcux said that the infrastructure has been optimized to improve access speed; provide more statistical charts and data; add the label function and more tools, etc. included in the browser’s follow-up development plan.Second, community activitiesIn the last stage of the program, the Leaders’ Choice Competition has been implemented and a number of Babbitt users have been involved. There are two phases in the event, which are intended to allow opinion leaders in different fields to popularize the knowledge of block chains in different ways and participate in practical research in technology, entrepreneurship and investment. Activity Address: http://8btc.com/thread-46598-1-1.htmlThe next step will be to start the small ant development college, through the production of technical video courses and provide some technical documentation to help developers enter the chain area. In addition, we will organize some offline community activities this year to hatch more projects and organizations, have more applications and technical talents, so we hope to provide such a platform and activities to connect more people and resources.Third, the market cooperationIn the brand building, we will be held next week, media ventilation, and professional journalists to communicate with the new eco-new technology, new products. By these several media to write in-depth reports, and then through a number of portals and financial, technology and media to be widely reproduced and spread.In addition, has registered a number of Baidu Encyclopedia entries for search engine optimization , the next step will continue to improve, if you are also interested to welcome to participate in http://baike.baidu.com/item/ small ants? Sefr = enterbtnFourth, ecological informationThe traditional Internet financial products trading platform uses a centralized trading model, which is responsible for secured transactions by the platform. Such business model requires both parties to charge the funds to the platform account for hosting. Huge amounts of money concentrated in the central server, prone to theft, resulting in multi-loss. Blue Whale Amoy is the first ant eco-first superconducting transaction 2.0 landing trading platform, dedicated to the market to create a credible, low-cost, secure Internet environment, the beginning of the beta test.Finally, based on the small ant block chain of the smart fund Nest has been on the official website http://www.nestfund.io, and will release the white paper. In the traditional venture capital fund, the investment strategy is developed by experienced fund managers and other professionals; and Nest is based on the small-ants block chain of intelligent contract prepared by a new form of funds – smart fund, Nest aims to pass Block chains are as much as possible to eliminate the high threshold, high risk, inefficiency and moral hazard of traditional fund form intermediaries.* All contents of this publication are for reference only and are not intended as a basis for any investmentAntchain.XYZhttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://antchain.xyz/&usg=ALkJrhiJjCCBETzwUSHybKk3SjLj6iL3Zwwww.nestfund.iohttps://translate.google.com/translate?hl=en&sl=auto&tl=en&u=www.nestfund.ioNest blogSmart fundThe word of the fund is accessible to everyone. In the eyes of many people, the fund is still a kind of thing involved in the process of complex, but I do not know how to operate the last inexplicable money. Participate in the process of complex this point, in the past few years has been unknowingly by a variety of babies have greatly improved. The balance of the number of participants over 300 million, which means that every four Chinese people are involved in a balance of the capital of the $ 800 billion fund project. Now the times, to participate in a fund is convenient, and even often in this participation is unknowingly completed.A senior private equity funder once told me that a good financial product is to make complex financial behavior and the results of each ordinary people can easily buy, without having to understand its internal investment process. The above balance can be described as the ultimate logic of this logic.Can the inner process really do not need to understand?Balance is a successful product, is a great product, but I do not like the balance of the treasure. I would like to know what the fund’s investment projects are I would like to know how the fund’s investment projects are I would like to recommend a good investment project for the fund to contribute I would like to participate in the fund’s investment decisions I would like to withdraw from the fund’s investment decision when it does not match my personal philosophy I want to get something other than money when I quit, for example, to keep the share of the investment project I would like to communicate with other participants, communicate with the fund decision-makers, and even the decision-makers are approved and selected by the participants Above, is what I like the fund, “smart fund”. The smart fund is my biography, and its main form comes from the 2016 Tai Tau Square’s heavy project TheDAO. TheDAO is an extraordinary project, in the summer last year, its potential typhoon in general, violent but to have to rush. In our usher in a new year and spring, look back at TheDAO, you can use this sentence to evaluate its performance: do not be a milestone, when paving stones.I believe in smart funds and insist on pushing Nest on small ants for the simple reason: compared to the previous fund was too boring. Fund is not a simple capital accumulation, the fund is the will of the people, is the combination of funds will be profit-making, but also the future of the starting point.So there is Nest this project. Nest is based on the small-ants block chain of intelligent contracts written by a new form of funds – smart funds. Nest aims to eliminate the high threshold, high risk, inefficiency and moral hazard of traditional fund form intermediaries through Participants complete their investment, management, and withdrawal of their digital assets through a smart contract without having to apply to a specific organization. Based on the block chain, anyone can participate in Nest completely at zero .
Quote from: Crpto4$ on Today at 05:59:39 AM
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://www.antfans.org/%3F/question/195&usg=ALkJrhhmY4zp0FrnHYUKu9VkFS4tUmwl5QLittle Ant News Weekly Issue 5First, technical updatesRecently tested the first super-trade transaction 2.0 first successful test. Superconducting transactions are new de-centric trading models that are implemented through smart contracts and AVM. Any individual or team, can be based on superconducting transactions to develop the business layer of landing applications, such as superconducting trading model of the forecast class platform, P2P platform, all platforms and other applications. Blue Whale is the first floor project of the concept of superconducting transactions, and its team is involved in the open source development of superconducting transactions and is responsible for the transaction testing.At the same time, the small ecology ushered in the block block lovers Lcux development of the new block browser http://antchain.xyz . The browser on the basis of ordinary block browser, an increase of some of the system but the ordinary people can not obtain the objective indicators, such as the system running time, the system effective trading volume, the real number of various types of assets, the system The number of internal addresses and so on. Lcux said that the infrastructure has been optimized to improve access speed; provide more statistical charts and data; add the label function and more tools, etc. included in the browser’s follow-up development plan.Second, community activitiesIn the last stage of the program, the Leaders’ Choice Competition has been implemented and a number of Babbitt users have been involved. There are two phases in the event, which are intended to allow opinion leaders in different fields to popularize the knowledge of block chains in different ways and participate in practical research in technology, entrepreneurship and investment. Activity Address: http://8btc.com/thread-46598-1-1.htmlThe next step will be to start the small ant development college, through the production of technical video courses and provide some technical documentation to help developers enter the chain area. In addition, we will organize some offline community activities this year to hatch more projects and organizations, have more applications and technical talents, so we hope to provide such a platform and activities to connect more people and resources.Third, the market cooperationIn the brand building, we will be held next week, media ventilation, and professional journalists to communicate with the new eco-new technology, new products. By these several media to write in-depth reports, and then through a number of portals and financial, technology and media to be widely reproduced and spread.In addition, has registered a number of Baidu Encyclopedia entries for search engine optimization , the next step will continue to improve, if you are also interested to welcome to participate in http://baike.baidu.com/item/ small ants? Sefr = enterbtnFourth, ecological informationThe traditional Internet financial products trading platform uses a centralized trading model, which is responsible for secured transactions by the platform. Such business model requires both parties to charge the funds to the platform account for hosting. Huge amounts of money concentrated in the central server, prone to theft, resulting in multi-loss. Blue Whale Amoy is the first ant eco-first superconducting transaction 2.0 landing trading platform, dedicated to the market to create a credible, low-cost, secure Internet environment, the beginning of the beta test.Finally, based on the small ant block chain of the smart fund Nest has been on the official website http://www.nestfund.io, and will release the white paper. In the traditional venture capital fund, the investment strategy is developed by experienced fund managers and other professionals; and Nest is based on the small-ants block chain of intelligent contract prepared by a new form of funds – smart fund, Nest aims to pass Block chains are as much as possible to eliminate the high threshold, high risk, inefficiency and moral hazard of traditional fund form intermediaries.* All contents of this publication are for reference only and are not intended as a basis for any investmentAntchain.XYZhttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&sp=nmt4&tl=en&u=http://antchain.xyz/&usg=ALkJrhiJjCCBETzwUSHybKk3SjLj6iL3Zwwww.nestfund.iohttps://translate.google.com/translate?hl=en&sl=auto&tl=en&u=www.nestfund.ioNest blogSmart fundThe word of the fund is accessible to everyone. In the eyes of many people, the fund is still a kind of thing involved in the process of complex, but I do not know how to operate the last inexplicable money. Participate in the process of complex this point, in the past few years has been unknowingly by a variety of babies have greatly improved. The balance of the number of participants over 300 million, which means that every four Chinese people are involved in a balance of the capital of the $ 800 billion fund project. Now the times, to participate in a fund is convenient, and even often in this participation is unknowingly completed.A senior private equity funder once told me that a good financial product is to make complex financial behavior and the results of each ordinary people can easily buy, without having to understand its internal investment process. The above balance can be described as the ultimate logic of this logic.Can the inner process really do not need to understand?Balance is a successful product, is a great product, but I do not like the balance of the treasure. I would like to know what the fund’s investment projects are I would like to know how the fund’s investment projects are I would like to recommend a good investment project for the fund to contribute I would like to participate in the fund’s investment decisions I would like to withdraw from the fund’s investment decision when it does not match my personal philosophy I want to get something other than money when I quit, for example, to keep the share of the investment project I would like to communicate with other participants, communicate with the fund decision-makers, and even the decision-makers are approved and selected by the participants Above, is what I like the fund, “smart fund”. The smart fund is my biography, and its main form comes from the 2016 Tai Tau Square’s heavy project TheDAO. TheDAO is an extraordinary project, in the summer last year, its potential typhoon in general, violent but to have to rush. In our usher in a new year and spring, look back at TheDAO, you can use this sentence to evaluate its performance: do not be a milestone, when paving stones.I believe in smart funds and insist on pushing Nest on small ants for the simple reason: compared to the previous fund was too boring. Fund is not a simple capital accumulation, the fund is the will of the people, is the combination of funds will be profit-making, but also the future of the starting point.So there is Nest this project. Nest is based on the small-ants block chain of intelligent contracts written by a new form of funds – smart funds. Nest aims to eliminate the high threshold, high risk, inefficiency and moral hazard of traditional fund form intermediaries through Participants complete their investment, management, and withdrawal of their digital assets through a smart contract without having to apply to a specific organization. Based on the block chain, anyone can participate in Nest completely at zero .
good job! always support the ant!
Quote from: chichidori on Today at 05:09:40 AM
I can hear crickets i have lost a lot and still hoping they can pull off all that they mention, the VR games the alibaba using their chain if none of those happen then we just got suckered in an hyped investment.
It is looking that way I’m afraid, either time to find the door or time to buy. I choose the first
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I’ve done this analysis of cryptocurrencies before in an economics essay. With this or that project writing, it is now incredibly difficult to find any support. There are many people who don’t know what to do and how to handle this. To begin with, I am a student, and I often need help with certain tasks. It’s also nice that my friends have said that I can contact people who could use write my essay cheap . Everybody knows the professionals and contact you if they truly need help, even with my complex project. Well, luck and success, I hope I helped.
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