Bitcoin Forum

ABC  - Blockchain Protocol




ABC is a open/generic blockchain protocol launched to allow tokenized transfers.
ABC will be initially secured by Proof of Work/Proof of Stake and then change to only Proof of Stake security at a specific block height.
ABC tokens will be rewarded by the ABC protocol to users who direct recourses to secure the ABC blockchain.
ABC will be a user driven project not a developer driven project. The users will need to take initiative.


ABC has no crowdfunding
ABC has no pre-mine
ABC developers are not compensated


The developers launching ABC are not compensated in any way for their efforts developing/maintaining the ABC protocol.
The developers will maintain and update the protocol in effort to provide a useful system to users, this may include a fork to a contracting codebase in the future.
The goal of the developers is to maintain a stable blockchain that will enable the creation of applications upon it.
The developers will not participate in "marketing" or acquiring exchange listings, but will provide necessary information to users.  
The developers offer no warranty to users wishing to participate in the ABC protocol. The ABC protocol is offered as open-source freeware.



Launch: 11 May, 2017 - 16:00 UTC

 

PoW Specifications:

• Algo: X11
• Block time: 2 minutes
• Max height: 60480 (afterward the network will no longer accept PoW blocks)

PoW/PoS Block Rewards: 39,717,000ABC total at end of PoW

• Block 1 - 1000 = 1ABC (equal opportunity launch)
• Block 1001 - 5040 = 100ABC
• Block 5041 - 10080 = 200ABC
• Block 10081 - 15119 = 400ABC
• Block 15120 - 64800 = 800ABC
• Block 64800 PoW ends

Increasing PoW block rewards are designed to provide equal opportunity to any individual wishing to contribute their recourses to provide security and to improve distribution of ABC tokens.


PoS Block Rewards (PoS only blocks begining block 64801): 51,215,322ABC total when PoS reduces to 1% annualized

• Block 64801 - 69839 = 800ABC
• Block 69840 - 74879 = 400ABC
• Block 74880 - 79919 = 200ABC
• Block 79920 - 84959 = 100ABC
• Block 84960 - 89999 = 50ABC
• Block 90000 - 95039 = 25ABC
• Block 95040 - 100079 = 12.5ABC
• Block 100080 - 105119 = 6.25ABC
• Block 105120 - 110159 = 3.125ABC
• Block 110160 = 1% annualized

The PoS rewards schedule is designed to encourage PoW participants to stake their coins and secure the blockchain through Proof of Stake.


Specifications:

• Block time: 2 minutes
• Stake interest: 1% annually
• Min transaction fee: 0.01 ABC
• Min stake age: 250 blocks
• Default Port: 44233
• RPC Port: 44234

Wallet Downloads:

• Linux: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-linux-0.1.1.zip
• OSX: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-osx-0.1.1.dmg
• Windows: https://github.com/ABCChain/abcchain/releases/download/v0.1.1/abcchain-win64-0.1.1.zip
• Source code: https://github.com/ABCChain/abcchain

[/list]

Need a win wallet.

No ICO?

airdrop or bounty ?

This is covered in the announcement. There is no ICO or pre-mine.

wallet?

There are no "air drops" or "bounties". This is a user focused blockchain project. If you believe a feature needs to be added, then create a bounty for it and we will list in the community announcement post.

Wallet downloads will be made available at launch.

no air ... no drop ?  :D

how much total suply ABC coin dev ?
any bounty, i want reseve indonesian translation if you need

i guess it's already clear in the OP if you take time to read that there is no premine so it is understood that there will be no bounty. the dev focus on maintaining a stable blackchain for the user.

Op updated as follows:

PoW Specifications: 39,717,000ABC total at end of PoW
PoS Block Rewards: 51,215,322ABC total when PoS reduces to 1% annualized

Someone knows good x11 miner for AMD gpu?

A lot of times people don't even read what's in the OP. Yet, they are the first one to ask for bounty.  ::)
I can say that the ABCdevteam is sincere in developing this blockchain protocol.
-no crowdfunding, no premine, & devs are not compensated-
So far, very few projects operate in that manner.

Hmm, ill prob mine this, don't care for the ASIC algo, but hey not my coin i wont bitch, there's no premine so that's a plus! :)
I like the PoS rewards, im still rolling the math around to see if i think it will cause a fork city, but at rough glance, it should be goooood :D
Waiting for a wallet, good luck on your project, it's just something to mine hey, no big plans? which is fine as long as your upfront imo :)

Launch is close but win wallet/ any wallet still unavailable...

Update:

Due to some difficulties with dependencies / windows, we will be delaying the launch a bit.
Please check back in an hour for an update.

For now, Launch 11 May, 2017 - TBA UTC

Will wait of course 8)

this is actually interesting..i'll think i will mine it .... if devs will make us a damn wallet :) ..good luck!

Without compensation, developers have no incentive to keep working on this. What motivates them to keep working? I guess developers will be mining coins from the beginning, and make up for the lack of premine, am I right?

this is exactly why this is a interesting project..the devs must make it work..they have all the interest to make a good job  ;)

How this initial mining works, is mining software incorporated to the wallet ???

You will need to mine it using getwork, with a mining program as its not built in,
or contact a pool and have them add ABC mining.

that should'nt be your job to point us to some pools? just asking :)

Agree, need a wallet and pool, without it how we can mine this coin  ;D

Please read the OP. The wallets are coming...TBA.

Someone give us a pool god sake  :D

What pool,  if there no source codes)

Damn you right... someone give us a source code god sake  :D :D :D

Just read it now, well it seems I need to wait before mining.
I was just decide to mine this but then i read this post. :D

our interest in this one it seems to be overrated. too early in the game for this coin...i'll move on and come back in a few days

Again an empty announcement? :)

Is there a bounty facebook and twitter later? We wait for the next update

I read this thread and will follow this coin . I can not see any wallet and Pool for this coin.
Please update some news for this.

Please be patient. We will announce 1 hour prior to the start of PoW. The first 1000 blocks (approx 33 hours) have a reward of only 1ABC to ensure an equal opportunity launch.

I'll check when it's released

Ocminer is here, let's wait for launch ;)

Update:

We are busy building the builds and will post the links before 16:00 UTC

Are you going to release the source code, too? Then we can build it by ourself.

We will yes. We want everyone to be able to start at the same time.

Update:

We are ready to start mining

The sourcecode can be found at:
https://github.com/ABCChain/abcchain

and

Releases at https://github.com/ABCChain/abcchain/releases/tag/v0.1.0

Currently only windows is uploaded. We are busy building OSX and Linux.

The first 1000 Blocks have a reward of 1, for fair mining.

So we need a pool anyway 8)

Dunno why you guys want to mine this so urgently, I see nothing special about this, but here's a pool:

https://abc.suprnova.cc

Thank you OCMiner

Thanks, here we go 8)

People going psycho over 1 ABC reward blocks :)

So next step is explorer? 8)

i think they didn't even see the ann clearly, they skipped that the first 1000 blocks are useless, better for other coins will lower their hashrate a bit, this coin will have a meaning to be mined after 1.5 days 2 minutes block time 720 blocks a day

What to do when such prudent and wise men as you are rare.

Dev, I would also like to know it? When it's starting the 1 week and are there any POS blocks mined already?

Time to think about some exchange maybe, staking needs coins. Fair distribution is at stake!

Can anyone make an explorer?

this is a fast distribution coin better to wait until pow is almost done before the exchange


1000 satoshi per coin is very low man, i think the value should be higher like 2k or 5k

Still no answer on that?!?!

Ha-ha, I did and that is why I'm asking. I don't think there was a single POS block yet, but we should have any already!

I also mined few blocks from the beginning, some with over 1000 confirmations, but no one of them is minting!

only the 800  reward per block matter other are not that influent, just void minign until we hit that amount

Were you not supposed to get 800ABC per POS block in the first week?

Thanks, was not clear from the OP, at least for me ;)
I think I'll also pass by, too much efforts for less reward...

[/b]

now nothing?

yes, nothing. now they are gone With disappointment  ;D ;D

When it is ready Linux Wallet?

[/list]

exchage?

where is exchange?

more and more miner care about this coin ,Hash is up to 200G. It is a miracle for a unlisted coin!

I think this coin will be very succesful ! No premine coin is so scarcity！

amazing Hash you have here

i'll look into it

Without dev it will go nowhere.

I like this coin !

wait added to exchanger

i think its the POS that have attract more miners and hope to see an exchange soon like u said with a good price..

too expensive to rent hash .

high hash for a long time.

Guys, am I missing something or what is going on here?
Huge hashrates on the pools, so seems to be big interest on this coin. However, no activity from the dev, last post id from May 11 !?
Is there any progress or future for the coin, or is just everybody wasting his hashes?

[/b]

any bounty or airdrop?

exchage?     you can vote for listd.   https://novaexchange.com/addcoin/   ,, https://yobit.net/en/addcoin/ ,https://www.cryptopia.co.nz/Exchange/?market=BEST_BTC

https://c-cex.com/?p=abc-btc   Let's go to exchage.

 great coin!

you are wrong that is another coin alphabit, it's dagger coin, see the address, this coin is x11, still no exchange that trade this, maybe add the vote option to c-cex

Not have website and trading  ::)

I will buy ABC coins...anyone selling?

I will buy some for 100 times!

I sell contact pm.

Selling 300ABC for 10000sats each. PM me  :D

We will build community together ABC Blockchain
Who has the logo of this coin please send it to me. Thank you !
I would like to design a website for this coin.

Sell 200 ABC=0.1 BTC PM

PoW ends
Now total 43,437,099 ABC
How much do you own?
 ;D

I have 1000 ，but if no exchange all coins are shit.  ;D

i think in the forum have very big wallet.
They will exchange.
Everyone mining very enthusiastically.

95% of coins are belong to a person.

I think, that is impossible .  :P

now,dead

no one provide fund  for exchange.

dead coin?

It's a self-community-moderate coin, it's can't be successful.

Send me 5000 abc i will creat website for coin :D. We must vote coin in other exchanges

some one spent several BTC to mine this coin. So ,he will open order for voting exchange. :)

no exchange is shitcoin. I have 50000 abccoins . I hate this shitcoin ,I will send them to some one , who want to need? 

Send me a few coins mate and hold on to your coins, probably in near future it will get listed if everyone votes it on novaexchange..
My ABC add: AtRXKHpoBYmZWqdpFayWX3Urh58iQZLzVX

Send for me :
My wallet : AmdKKf6wWi16jsAKFHjUP8uuh5wgyhmRjk
Thanks!!!

still no exchange ?

Has this project been abandoned or are there any activities around here? This kind of situation is more common than you think, people give up when they start very excited something that should demand calm and patience.  :-\

Hi,
Since you all seem to be giving away your coins, please feel free to send me some. Please PM me for address.
Thanks

I will buy some when this on exchange.

price will go up to 1 $ after on exchage.

What are you talking about?
Dev's Last Active:   May 22, 2017, 04:54:10 PM

Who are the holders? i can't believe this coin was on suprnova.cc for mining. they don't accept shits like this

Why you are waiting for exchange when:

suprnova.cc is good pool ,maybe largeholds are sleeping. highest hash was 200+ G . if noe on exchage he will waste much money

I can't believe +200G. What are special features of this coin?

I will care about it when exchange on list.

https://www.cryptopia.co.nz/Exchange?market=ABC_BTC

This is the same coin, is it not?

Send for me :
My wallet : Agm3avb8CunCt1dyLeVkUMmNnDEZDwrJfp
Thanks!!!

who can provide fund for exchange?

where is exchange?

Forget about this coin already, dev just throw this coin to people like a bone to dog to do whatever they want to do with. I cant call it by development with all my wish.

I have 50000 coins ,who want to get it ? I can sent for you .

This coin is dead?

dead coin

anyone can repair this coin? who can provide for exchage?

http://coinsmarkets.com/  is a exchange ABC coin can be added .

what currency will be accepted?

This coin need redevelpment. Who can repair it ?

 ???

I'm with you. It's nice to feel part of this idea!

This is good coin  :D

who can repair this coin?

What makes ABC different between other similar projects?

Blockchain can not be sync ,So we need repair this coin in order to exchange. I can give 50000 coins to some who can let this coin alive.

good coin! Wait for exchange.

good coin!

where is node?

good coin