Topic: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! - page 311. (Read 1300578 times)

World's first refundable ICO? yes, you're the first that giving such great opportunity, never seen one of this kind, your such "one of a kind" not to add the great Team presentation presented in this ANN.
truly an encouraging one.

Don't have Spanish translation yet, you can do it

I'm not sure if Spanish translation is reserved (search results didn't show), if not I would like to work on it.

oh thanks . Want to watch this video in 1080p

You can watch it on youtube: https://www.youtube.com/watch?v=pf9YQfWErOA

Can you pls add full screen option to player with  video from your site?)

for siganture campaign, member who join the signature campaign can using 2 different signature campaign?
cause i see member using two different sig camp

You need to send email with your twitter username etc to [email protected]

But for twitter and newsletter  bounty I do not need btc signature?
What to do to get bounty  if yes then?

another ICO but at least this ICO is refundable in case investors want out unlike other ICO's which treat your investments as "donation"..

I already have some more questions while thinking about ANS and ANC and fees and the nodes.

In the whitepaper is said:

"ANC are used for

Accounting Charge payment
Extra Service Charge payment
Bookkeeper Nominee Deposit as collateral"

....and:

"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."


...and:

"To write a transaction onchain, a certain number of AntCoins will be charged as accounting fees, which goes to the bookkeepers to compensate their expenditures in storage, connection and computing resources. (...) As long as more than 2/3 of the bookkeepers are willing to, a transaction can be free of charge when writing into the Antshares Blockchain. Thus, organizations using Antshares in bulk could pay the bookkeeper offchain with fiat currency without further the hassle of paying AntCoins onchain."

Bookkeeper = nodes? There is said "could pay the bookkeeper offchain" - singular? Or is that just a typo/error?



There will be 8 ANC per Block and those new created ANC will be distributed to 100% to the shareholders, right?

And those who will run the nodes will be paid with fees whenever the system is used or if 2/3 of the bookkeepers agree in fiat.


I try to think about possible price-scenarios of ANC. Thing is: If those who will run the servers could agree to take no fee but Fiat off-chain, there would be not that much incentive to care about the price of ANC or am I wrong? It's a very theoretical scenario, because it can be expected that those who will run the nodes will also hold shares and get payouts in ANC and some fees in ANC but what I try to find out in short words: Will the price of ANS and the price of ANC be connected in a predictable way or will it be more kind of surprise?  ;-)


And when it comes to the question of immutability and decentralization: What could prevent a centralized scenario if, for example, a big company would hold so many shares that they could vote that many own servers as bookkeepers to get the whole system under centralized control? 


My questions are really not meant critical in any way because in my opinion it's the most interesting economical design since Factom - but more complex and really not easy to understand. ;-)

This seems to be a very interesting project. I've spent the last couple of hours to read and learn more about it.

But I have a few questions. I'm not a technical-guy but what I would like to understand better is this:

What is delegated Byzantine Fault Tolerance, or dBFT?

I believe that I understand the principle, that it's about elected nodes run by professionals, but:

...in the Pre-Ann it's said:

"The consensus model is a Delegated Byzantine Fault Tolerance, which is similar to Delegated Proof-of-Stake Model. In Antshares, ANS holders will vote on trusted nodes who will confirm transactions."

Will there be a limit of nodes?



And the economical-design is very(!) interesting, but also not easy to understand.

My first question may sound naive: Shareholders (ANS) get ANC-payouts, right? It's not selling ANS for ANC, ANS won't be "consumed" for ANC? Are there two different kind of addresses or how does that work practically?  


And it's said that both "tokens" will be tradeable and I'm very eager to see how the exchanges will find prices in such a complex system. It needs some understanding to come to rational conclusions about value. ;-)

My next questions: Who and how will the price of using the system will be set? Or with other words: If the price of ANC would explode out of irrational-market-pumping - what will prevent the whole system to become too expensive to use it? In the whitepaper it's said "Antshares uses fiat currency internally."

Is that combined with a price-fixing regarding the fees to use the system?
And: Is that (Fiat) already safe regarding law and regulations etc. or could there be setbacks or even a ban/barrier?



A more practical question regarding the market: Will ANS also launch on western-exchanges, hopefully Poloniex, or is that something that shouldn't be expected right after launch?


Sorry if I missed the answers. I've read this thread and the whitepaper, but it's not easy to understand while it's really interesting.

In fact the early bird reward is 120%(1.2) not 120...

Hypothetically , now,if my investment 0.036/3500*20000000*120 ==24720 ANS?
Right?

Right! Thanks!

So for now all the btc is in each investors exclusive investing address. After the ICO those btc will be in a 2/3 multi-sig escrow account. The address might be 3LZoBhKUJzuyk7w3aX5H4LdmopJ8m5aesv but it's not final yet. We'll disclose the escrow account address before the transfer. Please DON'T send btc to this address because that will cause your investment ineligible for ANS.

You can also use the trick of triple clicking very rapidly on Antshares ICO latest statistic in the ICO web page and you'll get the price depending on current investments. I just did it and I get 1ANS ≈ $ 0.1026.

I think there is no central BTC address where all the investments go. Each participant gets a personal BTC address which is their address for investment (where they send what they want to invest).

very cool looking coin. for transparency, do you have the main address all the btc is going to please? i would liek to see this before deciding to invest large or small please?