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

[Bitcoin Miners]

There you go both:
Absolute coin's bounty topic
Unfortunately, it has been CFNP for now.

Hi, very interesting this project, I want to ask about this ABS project, does this project have a Bounty campaign program? If there is, please tell me. thank you

Yes the project has a running bounty ampaign for bitcointalk signatures [I think it's still running because i see many users wearing their signature]. Am also kindly asking where to find the thread of the bounty, please.

You all should keep your eyes on the topic, on check day to see if there are open slots when someone disqualified or leave the campaign.
Good luck.

[tbct_mt2]

Absolute coin has moved up a little bit recent hours.
With good supports from market, ups almost everywhere, I have a good dream that Absolute coin will follow the common trend of the market, at the moment.
It will rise soon, and give us a happy week.
By now, more than $3xxx traded over recent 24 hours. I thought the volume is good enough because it has risen.

[Bitcoin Miners]

The Absolute coin has wide gaps between exchanges, from Crex24, to STEX, then Graviex.
However, on all exchanges, Absolute coin has stood strongly above 340 satoshis.
I think it is good indicators that the coin has found its strong supports, from which Absolute coin might gradually rise.

[Bitcoin Miners]

For anyone who followed the Absolute coin project.
I would like to remind you all the you can contribute to the project through your retweets on Twitter.
It is very easy and totally free.
Highly appreciated all your tweets to support ABS project.
Absolute coin's Twitter channel

[maximumcoin]

Absolute coin volume within recent days maintained stably around $5000 as well as its price stood stable around $0.013 to $0.014 per ABS.
Proof of View, I believe in the PoV and Absolute coin.
The crypto world need something innovative, and it is obviously that Absolute coin has made a innovative Proof.

[Bitcoin Miners]

One more week passed, and Absolute coin has maintained price over very stable around $0.013 to $0.014 for weeks.
Today, if you check statistics of Absolute coin, you will easily find that last 24 hours, the coin traded with over $6000 in total on exchanges.
I think that, strongly think that these two indicators show the Absolute coin found its bottom, strong support has been found.

[Bitcoin Miners]

During the last day, total volume fell to almost half of previous days, at $3000.
Nevertheless, the price of Absolute coin has strongly stood around $0.013 for days.
Volume's falls probably due to investors don't want to sell their coins at current price of ABS.

[OZmaster]

During the last day, total volume fell to almost half of previous days, at $3000.
Nevertheless, the price of Absolute coin has strongly stood around $0.013 for days.
Volume's falls probably due to investors don't want to sell their coins at current price of ABS.

If nobody trades it the price lacks meaningfulness. With a lot of traders you can say that it might be a fair price for that coin.

[cygan]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

[omotezaki]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

[condoras]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

Then maybe it's a good time to get some more ABS before this change applies...

[Sellman]

Then maybe it's a good time to get some more ABS before this change applies...

You are very optimistic about the changes of both block rewards and price of Absolute coin.
I don't think only changes in block reward structure can force considerable changes in price movements of Absolute coin.
Another plus point beside the block reward structure change, is the ABS has fluctuated in very narrow range for last two months.

[condoras]

Then maybe it's a good time to get some more ABS before this change applies...

You are very optimistic about the changes of both block rewards and price of Absolute coin.
I don't think only changes in block reward structure can force considerable changes in price movements of Absolute coin.
Another plus point beside the block reward structure change, is the ABS has fluctuated in very narrow range for last two months.

As we talk about numbers, any kind of change in any aspect, matters.
Probably it will not been reflected now in the market and i agree that it can't force big changes by itself.

Still though is a change that have impact.

[OZmaster]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

Then maybe it's a good time to get some more ABS before this change applies...

What is the reason that the block time will also be changed? Why can't it be 90 seconds?

[omotezaki]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

Then maybe it's a good time to get some more ABS before this change applies...

What is the reason that the block time will also be changed? Why can't it be 90 seconds?

In order to process the POV chain in real time, it seems necessary to stabilize the main net.

For your reference,quote from adopted Governance
"Development would like to slow the blockchain from 90 Seconds to 120 Seconds. This primarily is to help stabilise the network further so that it can be better suited for the planned (PoV) application and the number of Masternodes that will be operating over a prolonged period. Increasing the block timing to 120 seconds will reduce the Transactions Per Second (TPS) that the network can handle. However, most of the main transactional work that will be processed on the Proof of View (PoV) network which is on a separate chain. This means that based on the payment methods from the PoV network, the planned reduction in speed is acceptable. "

[OZmaster]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

Then maybe it's a good time to get some more ABS before this change applies...

What is the reason that the block time will also be changed? Why can't it be 90 seconds?

In order to process the POV chain in real time, it seems necessary to stabilize the main net.

For your reference,quote from adopted Governance
"Development would like to slow the blockchain from 90 Seconds to 120 Seconds. This primarily is to help stabilise the network further so that it can be better suited for the planned (PoV) application and the number of Masternodes that will be operating over a prolonged period. Increasing the block timing to 120 seconds will reduce the Transactions Per Second (TPS) that the network can handle. However, most of the main transactional work that will be processed on the Proof of View (PoV) network which is on a separate chain. This means that based on the payment methods from the PoV network, the planned reduction in speed is acceptable. "

It is hard to keep track with all these different proof of something... I don't know what Proof of View is. How does that work?

[omotezaki]

the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?

from block 350400.reward :19.20ABS, block time:90 seconds.
but,in the next upgrade, the reward will be 12 ABS, block time 2 minutes. Maybe this month.

Then maybe it's a good time to get some more ABS before this change applies...

What is the reason that the block time will also be changed? Why can't it be 90 seconds?

In order to process the POV chain in real time, it seems necessary to stabilize the main net.

For your reference,quote from adopted Governance
"Development would like to slow the blockchain from 90 Seconds to 120 Seconds. This primarily is to help stabilise the network further so that it can be better suited for the planned (PoV) application and the number of Masternodes that will be operating over a prolonged period. Increasing the block timing to 120 seconds will reduce the Transactions Per Second (TPS) that the network can handle. However, most of the main transactional work that will be processed on the Proof of View (PoV) network which is on a separate chain. This means that based on the payment methods from the PoV network, the planned reduction in speed is acceptable. "

It is hard to keep track with all these different proof of something... I don't know what Proof of View is. How does that work?

https://www.absolutecoin.net/Absolute_ABS_-_Litepaper_-_V1.1.pdf
Litepaper is there.
https://discord.gg/3QR43ya
DEVs are in DISCORD every day. I can not communicate well in English, so if you ask DEVs there they will explain.

[cygan]

We are please to announce that the new release is now ready. Testing on the Testnet has been successful @everyone.  Source is now available for anyone wishing to take a look and compile themselves,  deterministic binaries (wallets) will be available on Tuesday at 20:00 UTC.

Due to a transaction version bump, this new release will not process new transactions from v12.2.5 nodes until the mining pools update. So if you are going to compile yourself, please be aware of this.

This gives us time to finish the release notes and installer scripts. Ubuntu 16.04 and 18.04 will be supported by installer scripts. We may increase this to other OS's later in the week.

v12.2.5a will activate a number of BIPs and a hard fork will occur at block 385440, any nodes on older versions will then be on the wrong fork. We estimate that this will be on the 12th of April.

All old protocol Masternodes (70209) will be disconnect for the reward structure on the 7th of April at 12:00 UTC.

We will be updating the Wiki and installer guides tomorrow, Watchdog_Expired in particular has been replaced in this release, so hopefully this update should make it easier for the community to setup new nodes.

https://t.me/absolute_community/8856

means that all masternode owners need to update their all wallets till 7th of april?

[Crypto-Centric]

We are please to announce that the new release is now ready. Testing on the Testnet has been successful @everyone.  Source is now available for anyone wishing to take a look and compile themselves,  deterministic binaries (wallets) will be available on Tuesday at 20:00 UTC.

Due to a transaction version bump, this new release will not process new transactions from v12.2.5 nodes until the mining pools update. So if you are going to compile yourself, please be aware of this.

This gives us time to finish the release notes and installer scripts. Ubuntu 16.04 and 18.04 will be supported by installer scripts. We may increase this to other OS's later in the week.

v12.2.5a will activate a number of BIPs and a hard fork will occur at block 385440, any nodes on older versions will then be on the wrong fork. We estimate that this will be on the 12th of April.

All old protocol Masternodes (70209) will be disconnect for the reward structure on the 7th of April at 12:00 UTC.

We will be updating the Wiki and installer guides tomorrow, Watchdog_Expired in particular has been replaced in this release, so hopefully this update should make it easier for the community to setup new nodes.

https://t.me/absolute_community/8856

means that all masternode owners need to update their all wallets till 7th of april?

Yes, you will need to update your Masternode to v.12.2.5 before this date.

[pinpins]

 
 You can now mine Absolute at  autoexchange mining pool Zergpool.com at 0.5% fee. Please use following commands for different mining options
 
 Option 1 Auto coin switch by profitability within algorithm with payment to wallet

Code:

 -o stratum+tcp://lyra2v2.mine.zergpool.com:4533 -u <YOURBTCWALLET> -p c=BTC 

 Option 2 Direct coin mining to coin wallet

Code:

 -o stratum+tcp://lyra2v2.mine.zergpool.com:4533 -u <YOURABSWALLET> -p c=ABS,mc=ABS

 Option 3 Direct coin mining with autoexchange to specified coin wallet

Code:

 -o stratum+tcp://lyra2v2.mine.zergpool.com:4533 -u <YOURBTCWALLET> -p c=BTC,mc=ABS

 Please note mc stands for mining coin symbol, c stand for payout coin symbol
 
 Autoexchange to BTC, LTC, DASH or any other currency we mine
 Happy mining,
  cheers pinpin