[ANN][ABS] Absolute Coin | First Proof of View currency backed by Masternodes

I'm in this project from the early days... after had lose every hope has arrived the new team and thanks to his great job we now have a future! They have rebuild a community and rebrand the coin with a solid long-time project... I'm absolutely with Absolute and I'm very proud

Awesome community who are doing a great job developing this project. Very excited to see what the future holds.

So from tomorrow will have the new minimum collateral for MN's?
It seems that after this things will heat up... Grin

Quote from: condoras on July 20, 2018, 09:16:25 PM

So from tomorrow will have the new minimum collateral for MN's?
It seems that after this things will heat up... Grin

The collateral has been taken to 2500 but old 1000 nodes will still produce reward to the 25th.
Definitely very interesting times ahead.

There is a new exchange and we can vote to put Absolute up there. I have been watching the developers of the exchange for nearly a year and they seem genuine.

go here to vote for Absolute to be on the exchange... https://request.coinpulse.io/suggestions/12205/absolute-abs#comment119570

don't forget to click "upvote" and of course add any comments you would like

So how is this coin doing so far? did the 2500 requirement already begin?

Quote from: metallicelmo on August 04, 2018, 08:07:51 PM

So how is this coin doing so far? did the 2500 requirement already begin?

Yes, the new MN collateral is at 2.5k ABS. You can see "how is doing" by visiting the exchangers that is listed and check it's history. Wink

https://www.stocks.exchange/
https://graviex.net/

2500 ABS Masternode was easy to setup, i used the scripts and few clicks later, i had 2 MN working. I can now get steady revenues and i'm really happy with it.

The community on Discord is very helpful so you can get support if needed.

If you're looking to setup low costs and simple Masternodes, Choose ABS!

Can ABS run on different ports? some coins can be configured to accept incoming connections on a different portnumber other than the standard port. This way you could theoretically run multiple nodes on the same IP using different ports. Any idea?

if anyone has questions and need assistance how to set an ABS masterternode, then you can ask in the discord channel. there you will be helped immediately.
the devs there are very active!
you can get an invite link to the official discord channel via PM Grin

Hi guys! I have 2508 coins, but the masternode does not work. What is the problem? Embarrassed

Quote from: storog on August 23, 2018, 09:19:18 AM

Hi guys! I have 2508 coins, but the masternode does not work. What is the problem? Embarrassed

transfer the 2508 coins to a exchange and then send 2500 coins (not more/not less) to your own wallet.
you need 1 transaction with 2500 coins to start a masternode.
if your masternode runs then you can also send your remaining 8 coins back to your wallet

It's refreshing to see the frequent activity from Absolute developers here there and everywhere! Discord and Twitter activity is great but it is also important to update his space here on bitcointalk.org because I know this is one of the first place people look when determining information about how various coin projects are progressing.

They say coins typically have a life-span shorter than 2-years. Well, what I'm seeing here are plans to go far beyond 5 or even 10 years and a tangible/real plan to bring blockchain technology into areas that will grow value.

There is a long-term need for blockchain technology in advertising, marketing, and promoting. Meeting this need will create business value that was never before possible and propel e-commerce into the next generation.

Thanks

we have some excellent long term goals for ABS. So looking 10-20 years down the line at the moment.

On a separate note, Trading on Start Ex is now available, as we where listed today!

We have three markets BTC, DASH, GBX available

Link: https://start-ex.com/trade/ABS_BTC

This adds to our existing exchanges list, it's a totally new exchange. With some hard work from the Coin Watch team, it should prove to be a great exchange.

Current Proposals

We currently have 5 proposals are now available on Governance, here is a complete list. This week’s budget request is tight on time before the next superblock, so we would appreciated a prompt vote from everyone for Proposal B3. Details on the voting details will be on the proposals-budget channel

Proposal can be viewed here: https://gov.absolutecoin.net/governance.php
Details on how to vote if you are a masternode owner can be found on Discord or the Absolute Wiki.

Budgetary Proposal

B3 – Weekly Budget
Proposal URL: https://[Suspicious link removed]/2LmVzLz

B4 – Weekly Budget
Proposal URL: https://[Suspicious link removed]/2LmVzLz

Consensus Proposals

C1-Development Expenditure Budget
Proposal URL: https://[Suspicious link removed]/2MLEFek

C2-Block Timing Adjusted to 120 Seconds
Proposal URL: https://[Suspicious link removed]/2w4efuw

C3-Annual Block Reward Reduction
Proposal URL: https://[Suspicious link removed]/2LkVZBN

Proposal Q/A
Here is a Q/A on why these consensus votes are happening

Q: Why do we need Proposal C2 and C3?
A:In simple terms, supply is way too high at the moment. So C3 is the important one. Looking at the table in C2 and C3. You can see that as we currently stand with no change over the next 15 years, almost all supply is released by this point. This is not a situation we want to be in.

Q: What i mean is how these modifications will affect mn rewards, mn rewards/day and annual ROI when this will happen?
A: Ideally before the end of the year.

Q: Will ROI be reduced?
A: Yes, it will go down until PoV is released. Then it will start going up again.

Q: If so, isn't this to soon, as there will be more then 1 or 2 years until PoV will be up and running and see some fees come out of it?
A: Depends on where we are on this planned PoV deployment later in the year.

Q: Will ABS coin be so strong to support reduced ROI and half mn rewards/day after first year?
A: Its uncertain how this will play out, reducing supply means more demand, high prices. A Lower ROI attracts less investors.

A: Is it true that when block time will increase to 120 secs, the block reward will increase also to 35 ABS?
Q: No, block reward amounts are unchanged.

Q: Will we need to vote both C2 and C3, or is enough to vote for C3?
A: They are totally separate votes. We are letting the community decide on the coins direction.

Any questions feel free to contact us on Discord

Here is your Weekly Announcement everyone

Wallets - Version 12.2.3b
A new non mandatory wallet version will be available next week. There are still older protocols on the network that are causing issues for a limited number of nodes. This version will reject all previous wallet versions and prevent orphan forks stopping your nodes.

There will be a small UI update as well for this release. We are also looking at GCC compiling which will reduce the file size significantly.

Exchange
We have listed on Start Exchange under 3 markets, we are also looking at additional exchanges based on the funds available. From what we have tested so far the exchange system is extremely fast, so any interaction with members would be appreciated. It’s a new exchange, so trading is limited until there is a core coin base on the exchange.
Link: https://start-ex.com/trade/ABS_BTC

Pool
A configured fork of Yiimp pool has been setup, it’s in the final stages of being configured. This should go live next week. Support would be welcome, once this goes live. All fees go into funding ABS budgets.

Governance
We have 5 proposals currently active on the network. Two are budgetary, three are consensus based. Details on these can be found on the #proposals-budget channel.

We will release a Governance guide set for members that are unfair with Governance and how it works. We are working on this now and should be available tomorrow all going well.

Bitcointalk
We are making a proactive effort to become more active on BCT, any posts on our announcement would be appreciated: https://bitcointalk.org/index.php?topic=4418859.0;topicseen

Bot upgrades
We are planning a number of upgrades to the ABS bot to protect the community against spammers/bots. This should be available at the end of the month, it will include captcha and welcome information via DM interaction.

Mobile Wallet
We are actively looking for development on the mobile side of the new PoV protocol. This is a new concept based from a wallet which acts as a sensor activator of escrow nodes on the PoV network.

Portal
This is still in development, we are trying to push this out asap once other areas with a higher priority are completed of the coin are

Projected Reward Earnings
We will calculate based on proposals C2 and C3 passing, the future the estimated PoV earnings. This will give you a better understanding of how your ROI will be affected base@d on development plans over the next 15 years.

Hope everyone has a good weekend!

If I understood correctly, how many clicks in a particular advertising will be controlled and verified authenticity using ABS technology?

If you are talking about authentication it depends on the contract type laid out in the Litepaper. Simple advertising leads require interaction form web users, interactions processed on the PoV network are paid on the mainnet in ABS. Contacts are based on predefined IP locations, timings etc.

Mobile interactions offers further rewards from contracts as it requires a wallet signature which offers further authentication that they are legitimate users.

We will release some project figures for network adoption next week, this should give people a better understanding of what they can expect in rewards based on PoV adoption.