You are viewing a single comment's thread from:

RE: Antshares: Everything You Need To Know About The New "Chinese Ethereum"!

in #cryptocurrency7 years ago

Just to add some information that might help future investors, Antshares/Neo actually consists of two different cryptocurrencies, ANS and ANC (which after rebranding I think will be called Neo and gas respectively). ANS represents shares in the blockchain network while ANC is more similar to what Ether does for Ethereum, making transactions go. The cool thing about ANS is that ANS generates ANC in a type of proof of stake mechanism and allows ANS holders to vote on blockchain decisions and collect fees. Currently you can only get ANC on one Chinese exchange while ANS is a little bit more available, but this is definitely something important to consider and to know in order to understand what sets Antshares/NEO apart from something like Ethereum.

Sort:  

Thanks for clarifying - good to know!