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Antshares Announces AntNest Smart Fund with Million-ANS Bounty for Hackers

For many people,the investment to fund is a complex process as if the fund can always somehow find a project. Then do we have such a fund where investors can know clearly about the potential project and can be the decision makers and communicate with other investors to come up with the best solution for the use of the fund. On 2nd March, Antshares announced its smart fund project Nest and Antshare is willing to offer 1 million reward ANS (Antshares’ token) for hackers. Knowing that the intermediary of traditional funds will bring high threshold, high risks but low efficiency, the Blockchain-based Nest wants to eliminate these negative elements by enabling investors to, via smart contract,  participate and manage investment of the fund and exit the fund at will.

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Tony, introducing the problems The Nest wants to solve

When interviewed by 8btc, Tony Tao, initiator of the Nest and CEO of Antshares said:

“A private fund manager told me that financial products are the process to make the complicated and results of financial behaviors accessible to ordinary people. Is there indeed no need for investors to know about the internal process? Investors expect to gain profits, know about the projects the funds are investing and communicate other investors. An investment Fund is not a simple collection of money but of will. Nest will make fund more attractive.”

“The traditional fund uses individual wisdom and judgement to make an investment, which is now challenging by artificial intelligence. Antshares calls the Nest a smart fund for reasons. It is based on smart contract and the wisdom from the investors as a whole. Blockchain-based Nest is a bridge of trust that enables all investors to a part of investment decision process.”

The Dao, which has funded 160 million USD, has been hacked only 2 months after its inception, resulting loss worth 60 million USD. Then how about the security measure the Nest will have?

Tony explained:

“The Dao uses multi-layer, the split of which will result in bugs while the Nest is lighter with only one layer of exit. Second, The Dao uses the special coding language of Ethereum, which will easily lead to program bugs owing to unfamiliarity of the language. The Nest, on the other hand, uses C# as the coding language, which has been using for quite a long time. Third, The Dao only received code review only from a third party, which is limited. The Nest will invite a global code review with 1,000,000 ANS as the reward. I think smart fund is a finance-level project, which should stand the test of high level code review. Hackers in the world are actually the people who know most about Blockchain technology and security. We wish, via the reward we offer, we can enhance the security of The Nest with hackers. “

Antshares is the leading Chinese Blockchain company, which completed its ICO in 2015 with 8,119 BTC as its initial funding.

COMMENTS(42)

  • sczmiaomiao
    5 months ago sczmiaomiao

    Quote from: MoveCrypto on February 27, 2017, 01:41:12 PM

    Quote from: Dank Frank on February 27, 2017, 01:39:49 PM

    Quote from: MoveCrypto on February 27, 2017, 01:36:37 PM
    10k+ ANC for sale with escrow if anyone wants to buy it

    It’s hard to put a price on antcoin right now since it’s not on any exchanges yet and after antshares took a dive on exchanges to 0.0001 , I don’t think it’s the right time to offer it for sale now.

    https://19800.com/market/cny_anc
    do you know the exchange 19800? i hear this exchange is not good

  • sczmiaomiao
    5 months ago sczmiaomiao

    Quote from: Yaremi on February 15, 2017, 08:58:23 PM
    I am reading now about this project. Looking good.Where can i buy?
    you can buy at http://www.yunbi.com  and i also want to ask you do you think this coin will rise?

  • moroseneng
    5 months ago moroseneng

    Hi dev, today is already march..And you said before you will gave some news on march, right?So when the supernews is comin?

  • gee zee
    5 months ago gee zee

    Hi Ants,my wallet doesn’t show my balance and if i go to antch.in and check my balance i see a wrong one. Any suggestions?

  • kaicrypzen
    5 months ago kaicrypzen

    Quote from: gee zee on March 02, 2017, 02:06:24 PM
    my wallet doesn’t show my balance

    Did you try opening your database in rebuild mode and/or rebuild the index when your wallet is opened?Quote from: gee zee on March 02, 2017, 02:06:24 PM
    if i go to antch.in and check my balance i see a wrong one. Any suggestions?

    Do you have many addresses? For instance, if you participated in the ICO you had one address. When you created your wallet, you had a second; and if you did transactions, it probably got used as a change address. So did you check all the addresses from your wallet on the explorer?

  • andreibi
    5 months ago andreibi

    Quote from: moroseneng on March 01, 2017, 11:45:45 PM
    Hi dev, today is already march..And you said before you will gave some news on march, right?So when the supernews is comin?

    You have to wait until their preferred investors finish mopping up the dumps and then they will release updates.Quote from: gee zee on March 02, 2017, 02:06:24 PM
    Hi Ants,my wallet doesn’t show my balance and if i go to antch.in and check my balance i see a wrong one. Any suggestions?

    http://antcha.in/ is the unofficial block explorer. It is not updated and always shows the wrong balance after a few transactions.The team-supported is http://antchain.xyz/ which is faster.

  • DesertDuke
    5 months ago DesertDuke

    Quote from: kaicrypzen on March 02, 2017, 03:35:09 PM

    Quote from: gee zee on March 02, 2017, 02:06:24 PM
    my wallet doesn’t show my balance

    Did you try opening your database in rebuild mode and/or rebuild the index when your wallet is opened?Quote from: gee zee on March 02, 2017, 02:06:24 PM
    if i go to antch.in and check my balance i see a wrong one. Any suggestions?

    Do you have many addresses? For instance, if you participated in the ICO you had one address. When you created your wallet, you had a second; and if you did transactions, it probably got used as a change address. So did you check all the addresses from your wallet on the explorer?

    I have a similar problem, I loaded my web wallet today and it’s not syncing at all, 0%, and showing no balance, any ideas ?

  • MoveCrypto
    5 months ago MoveCrypto

    WTS: 10k+ ANC with escrow

  • gee zee
    5 months ago gee zee

    Now i see my balance on my wallet. But i still got a serious problem. i did a transaction on the 12/27/2016 of 11067 ANTS to my Bittrex account but now i see there was second transaction at the same time of 9776 ANTS. The second one i haven’t done!!!! Very strange and i really don’t know how this could happen!  Is it possible to find out to which wallet this 9776 ANTS went? Sorry for this question but i am a noob! http://i.imgur.com/9uJ7Uj3.png

  • kaicrypzen
    5 months ago kaicrypzen

    Quote from: gee zee on March 02, 2017, 07:34:31 PM
    Now i see my balance on my wallet. But i still got a serious problem. i did a transaction on the 12/27/2016 of 11067 ANTS to my Bittrex account but now i see there was second transaction at the same time of 9776 ANTS. The second one i haven’t done!!!! Very strange and i really don’t know how this could happen!  Is it possible to find out to which wallet this 9776 ANTS went? Sorry for this question but i am a noob!http://i.imgur.com/9uJ7Uj3.png

    What you have there is the change sent to your change address (which is also yours). You had 20843 on ATa…, you then sent 11067 to AYm…, when you did that, the rest of your balance (the change) was sent to AbE…. In your wallet, this address should also appear.More on change addresses: https://en.bitcoin.it/wiki/Change.

  • gee zee
    5 months ago gee zee

    Thanks for your help i really appreciate. actually i don’t check this system. I bought ANTS on my ICO and some ANTS on yunbi. Everything i send to my wallet. Now my Bittrex Wallet is ok. My Ants Wallet  9,776 ANTS are missing. 

  • gee zee
    5 months ago gee zee

    Quote from: gee zee on March 02, 2017, 07:54:42 PM
    Thanks for your help i really appreciate. actually i don’t check this system. I bought ANTS on my ICO and some ANTS on yunbi. Everything i send to my wallet. Now my Bittrex Wallet is ok. My Ants Wallet  9,776 ANTS are missing. 

    But this change adress did not appear in my wallet. How can i refresh it?

  • kaicrypzen
    5 months ago kaicrypzen

    Quote from: gee zee on March 02, 2017, 07:58:44 PM

    Quote from: gee zee on March 02, 2017, 07:54:42 PM
    Thanks for your help i really appreciate. actually i don’t check this system. I bought ANTS on my ICO and some ANTS on yunbi. Everything i send to my wallet. Now my Bittrex Wallet is ok. My Ants Wallet  9,776 ANTS are missing. 

    But this change adress did not appear in my wallet. How can i refresh it?

    That’s odd because it should be your second address (at least). When you created the wallet, an address was automatically created with it, you then imported your private key to add your ICO address so you should at least have two addresses.Once synced and with the wallet open, try clicking on Wallet > Rebuild Index.

  • gee zee
    5 months ago gee zee

    Ok now i got it! I restored my accounts. Now i have 5  Really happy now! Thanks again for your help 

  • kaicrypzen
    5 months ago kaicrypzen

    Quote from: gee zee on March 02, 2017, 08:24:23 PM
    Ok now i got it! I restored my accounts. Now i have 5 

    Back up the private keys of your addresses, just in case (you damage your wallet database). Right click on an address, then View Private Key and save what’s in the WIF field.Quote from: gee zee on March 02, 2017, 08:24:23 PM
    Really happy now! Thanks again for your help 

    Cool , you are welcome.

  • gee zee
    5 months ago gee zee

    Quote from: kaicrypzen on March 02, 2017, 08:40:01 PM

    Quote from: gee zee on March 02, 2017, 08:24:23 PM
    Ok now i got it! I restored my accounts. Now i have 5 

    Back up the private keys of your addresses, just in case (you damage your wallet database). Right click on an address, then View Private Key and save what’s in the WIF field.Quote from: gee zee on March 02, 2017, 08:24:23 PM
    Really happy now! Thanks again for your help 

    Cool , you are welcome.

    alright! will do it NOW! 

  • lin0sspice
    5 months ago lin0sspice

    why you guys still dig it up. Just let it be where it belongs.

  • schnötzel
    5 months ago schnötzel

    Quote from: lin0sspice on March 02, 2017, 11:31:40 PM
    why you guys still dig it up. Just let it be where it belongs.

    Dead project? What happened?

  • BitcoinAllBot
    5 months ago BitcoinAllBot

    Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: 8btccom

  • DesertDuke
    5 months ago DesertDuke

    I still cannot get my web wallet to start syncing, it has worked in the past, any ideas anyone ?

  • andreibi
    5 months ago andreibi

    Antshares Announces AntNest Smart Fund with Million-ANS Bounty for HackersFor many people,the investment to fund is a complex process as if the fund can always somehow find a project. Then do we have such a fund where investors can know clearly about the potential project and can be the decision makers and communicate with other investors to come up with the best solution for the use of the fund. On 2nd March, Antshares announced its smart fund project Nest and Antshare is willing to offer 1 million reward ANS (Antshares’ token) for hackers. Knowing that the intermediary of traditional funds will bring high threshold, high risks but low efficiency, the Blockchain-based Nest wants to eliminate these negative elements by enabling investors to, via smart contract,  participate and manage investment of the fund and exit the fund at will.http://news.8btc.com/antshares-announces-antnest-smart-fund-with-million-ans-bounty-for-hackers

  • 8btccom
    5 months ago 8btccom

    I sincerely apologize for not being meticulous enough when editing the article. It should be 1,000,000 ANS and The Dao

  • Spratan
    5 months ago Spratan

    Quote from: andreibi on Today at 10:28:31 AM
    Antshares Announces AntNest Smart Fund with Million-ANS Bounty for HackersFor many people,the investment to fund is a complex process as if the fund can always somehow find a project. Then do we have such a fund where investors can know clearly about the potential project and can be the decision makers and communicate with other investors to come up with the best solution for the use of the fund. On 2nd March, Antshares announced its smart fund project Nest and Antshare is willing to offer 1 million reward ANS (Antshares’ token) for hackers. Knowing that the intermediary of traditional funds will bring high threshold, high risks but low efficiency, the Blockchain-based Nest wants to eliminate these negative elements by enabling investors to, via smart contract,  participate and manage investment of the fund and exit the fund at will.http://news.8btc.com/antshares-announces-antnest-smart-fund-with-million-ans-bounty-for-hackers

    Chuuuuch, don’t give news ! Noobs were selling !

  • LovelyDay
    5 months ago LovelyDay

    Thanks for fixing it!

  • rakesh1_90
    5 months ago rakesh1_90

    Antshares is a good project and in NO way a scam. Many a times price on exchanges does not reflect on the quality and work of the project as crypto markets are basically trading cum volume game. Everyone wants to make more btc and hold it rather than holding to a certain crypto token.I have seen many scams happen lost money too, traded too and went long too in many projects and trust me going long with your investments yields the best profit.As for the wallets, i could sync it after routing my vpn to hongkong and it got done in 8 hours or odd, if you have a faster internet connection it should take you less.Also a word for the new guys who have come into crypto and the ones with anxiety disorder. Please be patient before giving up on a cryto project because CRYPTO IS A BAD BITCH, SHE WOULD TAKE YOUR MONEY AND LAUGH ON YOUR PATHETIC EXISTENCE because after you have sold 99% chance it would pump up!

  • Mallampue
    5 months ago Mallampue

    Quote from: MoveCrypto on March 05, 2017, 08:38:42 PM
    WTS: 10k+ ANC with escrow

    why you do not sell it at bittrex?I think it is the best place to sell it https://bittrex.com/Market/Index?MarketName=BTC-ANS

  • MoveCrypto
    5 months ago MoveCrypto

    Quote from: Mallampue on March 05, 2017, 10:08:13 PM

    Quote from: MoveCrypto on March 05, 2017, 08:38:42 PM
    WTS: 10k+ ANC with escrow

    why you do not sell it at bittrex?I think it is the best place to sell it https://bittrex.com/Market/Index?MarketName=BTC-ANS

    I’m selling AntCoins (ANC)

  • DesertDuke
    5 months ago DesertDuke

    That is so true !! I have learned that myself from bitter experience, crypto is the ultimate market in ‘fear and greed’ and ‘buy low sell high’, if you can be patient and buy your chosen coin after it has collapsed in price and then wait you WILL be rewarded hansomely. From my experience, the short-term price movements of these coins are not because of the underlying technical attributes or any other ‘intrinsic’ value, they are due purely to greed and fear, as such they follow very well the Elliot Wave principle, if you don’t know anything about that then I suggest you learn about it because it will make you much more successful in your crypto investments. Good luck to everyone !

  • Geekphazm
    5 months ago Geekphazm

    Quote from: rakesh1_90 on March 03, 2017, 11:53:36 AM
    Antshares is a good project and in NO way a scam. Many a times price on exchanges does not reflect on the quality and work of the project as crypto markets are basically trading cum volume game. Everyone wants to make more btc and hold it rather than holding to a certain crypto token.I have seen many scams happen lost money too, traded too and went long too in many projects and trust me going long with your investments yields the best profit.As for the wallets, i could sync it after routing my vpn to hongkong and it got done in 8 hours or odd, if you have a faster internet connection it should take you less.Also a word for the new guys who have come into crypto and the ones with anxiety disorder. Please be patient before giving up on a cryto project because CRYPTO IS A BAD BITCH, SHE WOULD TAKE YOUR MONEY AND LAUGH ON YOUR PATHETIC EXISTENCE because after you have sold 99% chance it would pump up!

    It is not a scam? But why the dev team is so quite after raising 2nd ICO for 6k bitcoins? IMO this is very suspicious, they dare not talk too much because the price is 40% of ICO price.

  • veves1
    5 months ago veves1

    Quote from: mankeen on Today at 08:24:48 AM
    Where can i find information about ANS PoS?
    Check it https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#ii-economic-modelANC pos (not ANS) https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#issuance-of-antcoins

  • disconnectme
    4 months ago disconnectme

    One of the promising project last year, it has lost its savour. The team lack of good PR and solid technical team has killed the price of this coin. I hope things will improve drastically in soon unless the price will go down the more

  • e-coinomist
    4 months ago e-coinomist

    Quote from: rakesh1_90 on March 03, 2017, 11:53:36 AM
    Antshares is a good project and in NO way a scam. Many a times price on exchanges does not reflect on the quality and work of the project as crypto markets are basically trading cum volume game. Everyone wants to make more btc and hold it rather than holding to a certain crypto token.I have seen many scams happen lost money too, traded too and went long too in many projects and trust me going long with your investments yields the best profit.As for the wallets, i could sync it after routing my vpn to hongkong and it got done in 8 hours or odd, if you have a faster internet connection it should take you less.Also a word for the new guys who have come into crypto and the ones with anxiety disorder. Please be patient before giving up on a cryto project because CRYPTO IS A BAD BITCH, SHE WOULD TAKE YOUR MONEY AND LAUGH ON YOUR PATHETIC EXISTENCE because after you have sold 99% chance it would pump up!

    Bypassing the GFW is easy for the technically experienced. Maybe you could package your sync on some one click hoster for easier download.

  • mankeen
    4 months ago mankeen

    Where can i find information about ANS PoS?

  • rmyg5907
    4 months ago rmyg5907

    The antshares is only 0.84RMB in the 19800.com,I thought it’s a low price to buy some.

  • Crpto4$
    4 months ago Crpto4$

    Quote from: rakesh1_90 on March 03, 2017, 11:53:36 AM
    Antshares is a good project and in NO way a scam. Many a times price on exchanges does not reflect on the quality and work of the project as crypto markets are basically trading cum volume game. Everyone wants to make more btc and hold it rather than holding to a certain crypto token.I have seen many scams happen lost money too, traded too and went long too in many projects and trust me going long with your investments yields the best profit.As for the wallets, i could sync it after routing my vpn to hongkong and it got done in 8 hours or odd, if you have a faster internet connection it should take you less.Also a word for the new guys who have come into crypto and the ones with anxiety disorder. Please be patient before giving up on a cryto project because CRYPTO IS A BAD BITCH, SHE WOULD TAKE YOUR MONEY AND LAUGH ON YOUR PATHETIC EXISTENCE because after you have sold 99% chance it would pump up!

    Thats is why it is better to invest in multiple projects rather than investing everything in one project and invest as much money as you can stand to Lose.

  • sadasa
    3 months ago sadasa

    Quote from: MoveCrypto on Today at 08:38:42 PM
    WTS: 10k+ ANC with escrow

    Then go to am exchange and sell them? Failing that, what’s your price? Could be interested at the right price.

  • Anarchy101
    3 months ago Anarchy101

    Quote from: MoveCrypto on March 05, 2017, 10:09:04 PM

    Quote from: Mallampue on March 05, 2017, 10:08:13 PM

    Quote from: MoveCrypto on March 05, 2017, 08:38:42 PM
    WTS: 10k+ ANC with escrow

    why you do not sell it at bittrex?I think it is the best place to sell it https://bittrex.com/Market/Index?MarketName=BTC-ANS

    I’m selling AntCoins (ANC)

    If you want to sell AntCoins you can sell it over herehttps://www.19800.com/market/cny_ancAFAIK this the only exchange where we can exchange ANC but I can be wrong

  • yusyus
    3 months ago yusyus

    New windows wallet update  https://www.antshares.org/Download/Index

  • Spratan
    3 months ago Spratan

    Quote from: yusyus on March 06, 2017, 12:35:48 PM
    New windows wallet update  https://www.antshares.org/Download/Index

    Any news about ANS going to Poloniex ?No reason not to be there

  • cokkapaga
    3 months ago cokkapaga

    Quote from: Spratan on Today at 09:58:04 AM

    Quote from: yusyus on March 06, 2017, 12:35:48 PM
    New windows wallet update  https://www.antshares.org/Download/Index

    Any news about ANS going to Poloniex ?No reason not to be there

    No news about itbut bittrex is enough for this coin. bittrex is a great exchanges too.

  • Sultan Tit
    3 months ago Sultan Tit

    I need some help. Can anybody please explain in detail the easiest way I can transfer the ICO antshare funds to an exchange? I added the private keys in the Antshare Core wallet – but the only balance I see is when when I click on the address in the wallet. I end up on a Chinese website, which I guess lists the amount shares connected to this address.  I cannot figure out how to move them though.

  • Cent21
    3 months ago Cent21

    Quote from: Spratan on Today at 09:58:04 AM

    Quote from: yusyus on March 06, 2017, 12:35:48 PM
    New windows wallet update  https://www.antshares.org/Download/Index

    Any news about ANS going to Poloniex ?No reason not to be there

    To be added on Poloniex seems very hard… a lot of new coins holders would like to, but apparently Poloniex add coins on its own judgment parameter…Anyhow there are really many more smaller exchange out there… why don’t try to go there. I think that to be traded on many exchange is a plus for every coin.

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