Imo ANC needs to get on more exchanges. I bet not many here use 19800. Maybe NEO team is waiting for more ANC to be generated and rebranding completed.
ANC only becomes more important down the road. Exchanges care about volume and volume for ANC would still be relatively low, even if listen on various other exchanges. First of all NEO needs to become more available and so far the addition of Binance is nice and today Bittrex has added the possibility of buying and selling NEO for Ethereum instead of only Bitcoin. To make ANC more important more applications need to be developed for which ANC can be used and that will pick up by the end of this month apparently.
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When the rebranding to NEO occurs, do we have to download the updated wallet from the website or will we be prompted to update when we open our existing wallet?
Thanks!
That is not clear yet, but it would appear that Erik Zhang has already made the new NEO clients available. There is no official message yet, so if you want to be certain, do not use them use them yet. Some other NEO holders do report they they seem to be working fine.
Neo GUI v2.0.1 (replacement for AntSharesCore v1.6.1) can be downloaded from here:
https://github.com/neo-project/neo-gui/releasesNeo CLI v2.0.1 can be found here (this is mostly for servers):
https://github.com/neo-project/neo-cli/releases----------------------------------------------------------------------
Why will ANS be like ETH? ANS is not divisible and thus cannot be used as currency. Many startups are using ETH both to build their dapps and to fund them through ICOs. With ANS its not really viable to fund? Yes, there are (or will be) ANC, but at the moment it looks maybe a little to complicated? Plus if ANS gets very expensive (and I have invested in it), it may slowdown market movements (be less accessible to purchase).
Antshares (NEO) looks like it has a solid team, charts look good, some people whose analysis I appreciate like ANS and, basically, China is great and is unstoppable, thats why invested in ANS. Just recently I learned (I know I know) ANS is not divisible so probably not great option to use as currency.
What do you think about that? What is the future of ANS?
You cannot compare NEO to ETH like that as NEO has entirely different functionality. There is no proper voting system in Ethereum. Anyone who wants to mine and therefore vote can do so. There is nothing that can bar anyone there. In contrast every NEO functions as a share which represents a single vote. Votes are never divisible in companies. Furthermore Berkshire Hathaway functions just fine with its price for a single share of $257651. There are enough possibilies to resolve any such issues. Some exchanges for example deal with integers and others do not. Some charge a percentage of NEO and others do not charge any transaction costs at all currently or use a different currency to charge the transaction costs such as Binance. NEO has superior scalability, better energy efficiency, is quantum proof, has developed cross-chain patents, has inbuilt Know Your Customer options (important for businesses), has a special focus on the largest market in the world, it CANNOT fork and it supports most programming languages. In all these facets NEO is better than Bitcoin and Ethereum, so I would agree that NEO is not like Ethereum.....NEO is better. It will take some time to unfold its full potential, but companies in this market generally move fast.