Bitcoin Forum

 

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What is Abstract Coin?

Abstract Coin is a new type of object! It is an imaginary object. it exist because i says it does! Abstract Coin transactions can appear anywhere on this forum, simply by making a post with the right protocol. Its supply is strictly limited to 1 coin. Abstract Coins are infinitely divisible and impossible to counterfeit! They can be transfer between bitcointalk.org forum members. Abstract Coin doesn't have any particular software associated with it. Abstract Coin is nothing more then an imaginary object. Abstract Coin operates with a protocol, this protocol defines the interface users must use to make transactions.


How does Abstract Coin work?

transactions must be confirmed before recipients can send the coins to someone else. A transaction can be confirmed by anyone as long as they are not mentioned in the transaction. Quote the unconfirmed transaction and says "confirmed!". Only by quoting the confirmed transaction, can the recipient create an unconfirmed transaction. Each new unconfirmed transaction will contain the previous confirmed transaction, this will create a quote chain of confirmed transactions.
Its as simple as that!

What about double spends?

If someone sends you 0.001AC what's stopping you from quoting that post over and over sending Abstract Coins all over the forum to everyone!?
Anyone can throw a runtime error on any transaction, this calls into question the validity of that claim, if others confirm the  runtime error  then that transaction is no longer considered. just try to double spend... see what happens  :D

Beta Testing!

This is an experiment, for fun, lets see what happens  :D  In theory these coins can be moved anywhere on the forum, but i would ask we keep the transactions on this thread, during beta testing.  the hope is that in the end with some tweaking to the protocol, people could place some value on these imaginary coins.  I am giving away random amounts to anyone who wants some.
post your interest below.

 

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AbstractCoin++ is the programing language we will use to define the implementation of Abstract Coin! The compiler of this language is the Abstract Coin user base itself, they design the protocol, and they invoke the methods that sents 0.0001AC to other wallets. For Abstract Coin users the forum is our call stack! The calls we put up on the call stack are executed in realtime by other Abstract Coin users; you could say Abstract Coin's runtime is distributedly executed among the users minds! :o

Below we can see AbstractCoin's protocol, this protocol defines the interface users must use to make transactions.


/*===========================================================================
| (AbstractWallet ::SendAbstractCoins)
|
|  PURPOSE: to allow an AbstractWallet to send an amount of AC to another AbstractWallet.
|
|  RETURN: int value, the Amount of uAC left in the sender wallet.
|    
\===========================================================================*/
class AbstractWallet {
  virtual int SendAbstractCoins( int SendTo_Id, int Send_Amount, int Units=uAC )=0;
  virtual float GetBalance(int Units=uAC)=0;
};
typedef std::vector<AbstractWallet> AbstractWalletList;


/*===========================================================================
| (CreateAbstractWallet)
|
|  PURPOSE: to allow an users to Create a new Abstract Wallet
|
|  RETURN: void
|    
\===========================================================================*/
void CreateAbstractWallet(int User_Id);



/*===========================================================================
| (DefaultWallet)
|
|   Return the Default Abstract Wallet for the user.  
|   When you created your first wallet, it automatically became your DefaultWallet.
|   Make a tx like this:
|
|                 Elwar(1493uAC) = DefaultWallet(Elwar)->SendAbstractCoins( DefaultWallet(adamstgBit) , 100 );
|
|  User Elwar sends user adamstgBit 100 uAC.
|    
\===========================================================================*/
AbstractWallet  DefaultWallet(int User_Id);



/*===========================================================================
| (SetDefaultWallet)
|
|   Set the Default Abstract Wallet for the user.
|
|   Make a tx like this:  User Elwar sets default Abstract Wallet
|   Elwar(1493uAC) = SetDefaultWalletWallet(AC0M98S1|Elwar);
|    
\===========================================================================*/
int SetDefaultWallet(AbstractWallet NewDefaultWallet,int User_Id);



/*===========================================================================
| (Wallet)
|
|   Wallet is a vector list of Abstract Wallets,
|   It holds everyone's wallet, make a tx like this:
|  
|                   Elwar(1493uAC) = Wallet[AC0M98S1|Elwar]->SendAbstractCoins( AC0m97S1|adamstgBit , 100 );
|    
\===========================================================================*/
AbstractWalletList  Wallet;

---

Users can call methods like this one:

Elwar(1493uAC) = Wallet[AC0M98S1|Elwar]->SendAbstractCoins( AC0m97S1|adamstgBit , 100 );

In this example, wallet "AC0M98S1|Elwar" sends wallet "AC0M98S1|adamstgBit" 100 uAC, and so,wallet "AC0M98S1|Elwar" has 1493uAC left. Users will need to quote their previous confirmed transaction in order to make a new transaction, this means all transactions will inevitably lead back to the genesis transaction. The transaction can be confirmed by anyone like this:

confirmed;



Now adamstgBit can use his new wallet( "AC0m97S1" ) in a new transaction like so:

adamstgBit(90uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC0M98S1|Elwar, 10 );


Looking at this runtime call closely we can see:
http://s17.postimg.org/z32u8g2qn/Untitled.png



This transaction can be confirmed by anyone like this:

confirmed;


When confirming a transaction it is important to get the quote right, you can remove all the irelevant text, your only confirming the transaction.

When creating a new transaction it is important to get the quote right! your very first transaction must quote the confirmed; block which shows someone sending you Abstract Coins, all subsequent transactions must quote your previous confirmed; transaction.


Users can use GetBalance, to declare their total balance.

AC0m97S1|adamstgBit(90uAC) = Wallet[AC0m97S1|adamstgBit]->GetBalance();

you must include your previous confirmed; call, for any call you do. this will create a quote chain of confirmed; transaction / calls.




To declare their wallet, anyone can say:

CreateAbstractWallet(AC0M98S1|Elwar);






AbstractCoin++ has many key words users can use.
confirmed;
runtime error(s);

More details coming soon...

---

Abstract Coin - an idea worth thinking about.

2013-04-11 Israeli banks limit money connected to bitcoin.

CreateGenesisWallet();
CreateAbstractWallet(AC0M9Z1|adamstgBit);
adamstgBit(10000uAC) = Wallet[Genesis]->SendAbstractCoins( AC0m97S1|adamstgBit, 10000 );

CreateAbstractWallet(AC0M98S1|Nolo);

confirmed!

adamstgBit(9500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC0M98S1|Nolo,  500 );

confirmed!

CreateAbstractWallet(AC420C0IN|Killerpotleaf);

adamstgBit(9000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC420C0IN|Killerpotleaf,  500 );

CreateAbstractWallet(ACJZ777|Jubalix);

confirmed

adamstgBit(7000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACJZ777|Jubalix,  2000 );

confirmed

CreateAbstractWallet(AC33M450N|OWSLEYBEATSBIGCARTEL);

adamstgBit(6750uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC33M450N|OWSLEYBEATSBIGCARTEL,  250 );

confirmed

CreateAbstractWallet(AC3M154N|ONATBITCOIN);

adamstgBit(6500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC3M154N|ONATBITCOIN,  250 );

confirmed;

Could the units be clarified ie what u stands for? eg 10e-6, 10 e -3 or other.

u in SI  = micro = 10e-6

but you of course can define whatever you want

1AC = 10000uAC

DeleteAbstractWallet(*);

I deleted everyting!

runtime error
DeleteAbstractWallet is not a recognized method

CreateAbstractWallet(ACL1B3RTY|NewLiberty);

adamstgBit(6250uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACL1B3RTY|NewLiberty,  250 );

confirmed;

Owsley,
If I don't miss my guess on your namesake, as a friend of the family, you have an inside connection with abstraction.
In the interests of those needing a miracle, and in joyous celebration of having a confirmed wallet, I will now donate to you u250 abstractions in pursuit of the white light of an unencumbered mind, for the ample consideration of payment to your own pursuits.

NewLiberty(250uAC) = Wallet[ACL1B3RTY|NewLiberty]->SendAbstractCoins( AC33M450N|OWSLEYBEATSBIGCARTEL, 250 );

Swiftly followed by some self reflection to focus on the nothingness, but knowing not whether this is achieved or if I have raced into a race condition.... the contemplation awaits its void in the grey vashra of preternatural phantoms.

NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();

confirmed

corrected, and confirmed

typical reaction when first looking at this thread (https://www.youtube.com/watch?v=dq8NOpt-nfQ)

Contemplation of the existential beingness yeilds the essential knowledge of nothingness beyond the phantom of quiescent patience.

NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();

confirmed

existence precedes essence, but the truth precedes all!

adamstgBit(6000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC33M450N|OWSLEYBEATSBIGCARTEL,  250 );

OWSLEYBEATSBIGCARTEL(500uAC) = Wallet[AC33M450N|OWSLEYBEATSBIGCARTEL]->GetBalance();

Confirmed

May the tributaries of abstraction coalesce into the mightiest rivers, that the harvest from whose basin may feed the migration of a mighty force.

CreateAbstractWallet(ACGr8Day|haveagr8day);

Confirmed

May the road rise up to meet you, but miss you on the way past so you don't bump your nose.

Confirmed;

CONFIRMED;

I've been busy freaking out about bitcoin price falling hard... anyway here you go some Abstract Coin!

adamstgBit(5750uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACGr8Day|haveagr8day,  250 );
adamstgBit(5500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACLEZ37|Darktongue,  250 );

Abstract Coin's value is abstract... for the moment  8)

Confirmed

CreateAbstractWallet(ACN1KKE1|Praxis);

adamstgBit(5250uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins(  ACN1KKE1|Praxis ,  250 );

confirmed

PM'ed.

Want to buy ABC (Abstract Coin) so that things keep rolling - will this be the first ever trade of Abstract Coin with another currency?

Personally I love this idea, it's ingenious

confirmed

Wait...  Did Darktongue have 260 or 250 before this? Will have to smoke some hashes and block the chains to deconfubulate the abstructure of abstractionary distractions.

confirmed;

Glad to do business with you! Am I the first person to have bought abstract currency with crypto-currency?  :D

I think you are

yes this is a first for Abstract Coin

We have a market cap!




Corrected; Confirmed;

I sent Darktongue 250uAC, so after this tx he has 0uAC left. also he should have included that confirmed block that shows me sending him coins. always quote the last TX you made to make a new TX.

so our market cap now it

10000/250 *10k dvc

=400K

dvc

which is about 0.3 BTC?


ok I will buy 100u  ABS for 1 LTC, however I want to be able to buy for low ltc fees, which I don't think can be done right now.

100uAC / 1LTC

 ;D


I'm still giving some AC away, create a wallet below "CreateAbstractWallet(ACLEZ37|Darktongue);"

adamstgBit(5000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins(  ACN1KKE1|Praxis ,  250 );

Confirmed

update the leaderboard   (https://bitcointalk.org/index.php?topic=224873.msg2364817#msg2364817)


100uAC is valued at 1LTC, and I'm Still giving them away for free!!!

get some AC today "CreateAbstractWallet(ACLEZ37|Darktongue);"

you sold your Free AC! :D

k

adamstgBit(4750uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins(  wastedbit|wastedbit ,  250 );
adamstgBit(4745uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins(  ACLEZH37|Darktongue ,  5 );

confirmed

Seems like complicated trolling man

confirmed

lutz

and confirmed

CreateAbstractWallet(ACLetsTry|filledbit);

adamstgBit(4500uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACLetsTry|filledbit ,  245 );

CreateAbstractWallet(AC0fishy|fishy);

adamstgBit(4250uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC0fishy|fishy ,  250 );

try clicking on my quote in one of my tx, this will bring you to the previous tx i made, click again and again, and it will lead you to the genesis block!

try it  :D

Did I jsut get 250 Abstract Coins?

With 57.5% of the total supply given away I will start handing out smaller amounts of uAC.

Create a wallet and i will send you 50uAC

To encourage trade i will give 25uAC to anyone that receives Abstract Coin from someone else.

yes, please wait someone will confirm this TX, then you can quote that to send it to someone else

Wait, 250 AC or 250 uAC

Thank you for the generous extra 250 and for updating the ladder!

ok no bites, I must not be meeting market rate!!!!

I will buy 100u  AC for 2 LTC,

Deal.  I'll send first.
Is this offer still standing though?
My LTC addy.
LUh3pyTLnPoBkhMyThCNvMoXD11x43Unio

Please confirm this tx, thanks

confirmed;

lottery announcement!
I am starting the abstract coin lottery!
Tickets cost 1uAC
The prize pot will be announced when tickets purchases end.
Along with your transaction add a transaction comment with a number between 1 and 1,000,000 which will be your lottery guess.
The lottery's winning number has already been determined and was encrypted into this SHA256 hash.  The hash is in base 16.
7fa2ad2930938d82b3d107b2a50a67e1a56a2385aea1ec24ccbc73fa7237fbe4
One ticket per person.

adamstgBit(4249uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC0fishy|fishy ,  1);
lottery guess: 420

approved!
i'll add it to the OP soon
and ill send you some AC for your contribution

adamstgBit(4249uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( DefaultWallet(wastedbit) ,  100);

confirmed

ok will send, I am running the older LTC on OSX and it wants me to update it, so getting some help over on LTC, I don't want to accidentally do something I shouldn't. (also I want to know if I can avoid change addresses!)

Is it still safe to send with the older client,
what should the fee be in your opinion to get the transaction through

Lottery entries:
adamstgBit - 420
wastedbit - 144633

Pot shall be total ticket revenue * 0.75 plus 1, so at the moment, u AC is the pot.
How to enter:
Post the below text into the quote chain.
username(balance) = Wallet[address|username]->SendAbstractCoins(AC0fishy|fishy,1);

My balance: 252 uAC

Let's try to keep fees as low as possible.
I recommend you update your client.

i have a thread in ltc talk forum to get advice on this
https://forum.litecoin.net/index.php/topic,4771.0.html (https://forum.litecoin.net/index.php/topic,4771.0.html)

your wallet.dat is compatible with any version I believe

haveagr8day(249uAC) = Wallet[ACGr8Day|haveagr8day]->SendAbstractCoins(AC0fishy|fishy,1);

Lottery Guess: 604976

NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();


http://www.youtube.com/watch?v=nfdEdE96En0

lottery announcement!
I am starting the abstract coin lottery!
Tickets cost 1uAC
The prize pot will be announced when tickets purchases end.
Along with your transaction add a transaction comment with a number between 1 and 1,000,000 which will be your lottery guess.
The lottery's winning number has already been determined and was encrypted into this SHA256 hash.  The hash is in base 16.
7fa2ad2930938d82b3d107b2a50a67e1a56a2385aea1ec24ccbc73fa7237fbe4
One ticket per person.

Lottery entries:
adamstgBit - 420
wastedbit - 144633
haveagr8day - 604976

Pot shall be total ticket revenue * 0.75 plus 1, so at the moment, 3.25 uAC is the pot.
How to enter:
Post the below text into the quote chain.
username(balance) = Wallet[address|username]->SendAbstractCoins(AC0fishy|fishy,1);

My balance: 253 uAC

Question to all:
How are you choosing your numbers?  :) Curious

CreateAbstractWallet(ACreformed|reformed);

confirmed;

2 LTC sent

timed out?

NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();

sending the AC now

fishy(153uAC) = Wallet[AC0fishy|fishy]->SendAbstractCoins(ACJZ777|Jubalix,100uAC);

confirmed

corrected....let's be more careful...it got confirmed..
[/quote]

Bitcoin Megastore, for your time......You now have a default wallet with 2 uAC.  Welcome to the project!   :D

wastedbit(247uAC) = Wallet[wastedbit|wastedbit]->SendAbstractCoins( DefaultWallet(Bitcoin Megastore) ,  2);
[/quote]

confirmed

confirmed...But, balance is 4149, not 4249.

WTB  [ABC] will pay with [DVC] or [WDC] or [DGC] or [LTC] or [FTC] or [MNC] or [MMC] or [PWC] - PM me.

i will sell 100 AC for 3LTC

Nicely done! 
I'd bonus you with some Abstraction, but time has divested my coin to contemplate the endless void of an abstract wallet due to a vow of perversity.
Your concrete support of abstraction is bafflingly clear.

AC EXCHANGE:
successful trades-
fishy to jubalix - 100 AC for 2 LTC

buy-
praxis - PM for details

sell-
jubalix - 100 AC for 3 LTC

This post will be edited as more transactions are posted

How's the development going?

NewLiberty(0uAC) = Wallet[ACL1B3RTY|NewLiberty]->GetBalance();


Having attained nothingness.
Now contemplating oneness.

LOL. Thought this chain was dead!  ;D

sorry been away XPM mining....!

no blocks....anymore :(

but now I have learnt how to compile on linux and all sorts of linux things I never new...or had forgotten

CreateAbstractWallet(ACs0m413|soma13)

Confirmed;

CreateAbstractWallet(AC13BOBIS|J.R. BOB DOBBS);

got Abstract slack?(=

I haven't been keeping up...
I will send out the freebies to all the newly created wallets tomorrow, i have to get off the computer right now....
I see some interesting comments...
anyway sorry i was way i'll be back tomorrow!



Abstract Coin, the future of money? no way in hell!  a soon to be highly valued imaginary object? I think so!  ;D

Too late.  The abstract value of Abstract Coin approaches an abstract value of 1/0
Very "Highly" valued.

guys i figured it out!

we will piggyback Abstract Coin TXs on the bitcoin blockchain! every bitcoin TX has space for random data, an Abstract Coin TX will utilize this space and will appear as a 0 value tx on the block chain with the extra data filled with an AbstractCoin++ function call

a windows client will be developed to scan the block chain for these special  AbstractCoin++ function calls and compute them, and their you have it! This will solve many problems we have been experiencing.

Do not worry, the Abstract Coins 0.3.0 you own will be transferred over the new protocol Abstract Coins  1.0.0!!!,  like we did on the previous upgrade after the genesis block, i will create all the TX's necessary to give everyone the correct amount Abstract Coins

brilliant

one question though its costs btc to send a bit of info....

though when you think about it, a cheap way to get a secure block chain!

CreateAbstractWallet(AC00100|Voodah);

ya its worth it

but maybe LTC would be a better choice, I think the tx fee for LTC is cheaper, not sure, investigating different possibilities...

confirmed

confirmed, my mistake.

adamstgBit(4100uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACs0m413|soma13 ,  49);
adamstgBit(4050uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC13BOBIS|J.R. BOB DOBBS,  50);
adamstgBit(4000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC00100|Voodah,  50);

Hey folks, I know it might sound a bit out there to perform necromancy on a decade-old thread back from the dead

With the rise of BRC-20 tokens recently, I got the idea: why not give Abstract Coin another shot? So, I went ahead and created $ACTX as a BRC-20

Since the OP said


Now, I know it's not a perfect match for the original idea. After all, BRC-20 doesn't exactly jive with the concept of infinite divisibility. But, I see it as a kind of stepping stone, a placeholder, if you will, between Abstract Coin 0.3.0 and what I hope will be Abstract Coin 1.0 when we figure out how to do it properly

I see Abstract Coin as a kind of proto-NFT, an immaterial and invisible valuable or even performance art. Abstract Coin is not tied to any blockchain, but can provisionally use any

Here are the next steps I propose

0) I created 100 000 000 Abstract Sats. As said before, this is a departure from the original concept. It is a provisional solution and if there's enough interest, we will do it properly later

1) if you are in the original leaderboard, write a "command" to DEX/transfer your Abstract Coins to $ACTX, and I will send you your portion of $ACTX. Unfortunately, I think most original holders are all gone from here, I tried to message a few privately. I will only keep my original portion for myself

2) after this BRC-20 project, if there's interest, we'll do it in a better way, by using json for txes, merkle tree, and piggybacking on a crypto chain to keep 'infinite divisibility' of the original concept

The concept as you said about using json for transactions, Merkle trees and merging with crypto chains is an interesting aspect. However, I think this all depends on the response and interest of the community and the support they receive in developing something like this.

That is the actual project, yes, it's what the OP wanted to do with this experiment 10 years ago

While that is being developed, the 100M quantized "abstract sats" is an interim solution

I am the first person to buy abstract coin using crypto coins (see in previous pages)  :D

If anybody wants an "airdrop" from my portion of the original "distribution", I can send as BRC-20 airdrop

The BRC-20 model is basically what OP of this thread wanted, as it is exactly that, JSON inscribed onchain. But the part that fits imperfectly is that an abstract coin must be infinitely divisible, whereas $ACTX BRC-20 is "quantized" into 100 million abstract sats

I'm interested, where do I apply for airdrop exactly?

You just post your address.  I will send the first airdrops out today.  Unfortunately, it seems none of the original protagonists of this 2013 experiment seem to be active

As a reminder, this BRC-20 experiment would be just a transitional solution while we do it properly, as the OP intended (ie. with timestamping on an existing blockchain with json/merkle trees)