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

[cygan]

there is actually an overview of how much masternodes are still on the old protocol (70209) in operation and how much have made the update to 70210?

[Sellman]

Absolute coin has still hypernated for long period. Bottom nearly found, but it need more confirmations. Like we saw crypto market and bitcoin have taken months to finish their bottom-finding journeys, I think that we should wait for some weeks or even few months to see Absolute coin officially bottom out, confirm bottom range, and recover.

[cygan]

there is actually an overview of how much masternodes are still on the old protocol (70209) in operation and how much have made the update to 70210?

70210 ENABLED nodes: 1648
70209 UPDATE_REQUIRED nodes: 807
NEW_START_REQUIRED nodes: 117
PRE_ENABLED nodes: 0
EXPIRED nodes: 2
NO_SENTINEL_PING nodes: 7
POSE_BAN nodes: 7
TOTAL: 2588

You can see it here http://45.77.138.219/index.php

Or you can #ask-the-bot in abs discord with !node-stat command

big thanks for the stats. so over 800 masternodes run on the old protocol and arent updated till yet.

the masternode reward changed after one month again from 19.2 to 12 ABS.
new collaterals are planed for the near future too

[Rumhurius]

went down to 1$ in MN Payments for a whole Month.

We need some Developments and Priceaction for this one. 

[Crypto-Centric]

Quick update Everyone

Web Paper Wallet

A New web Paper Wallet is now available https://address.absolutecoin.net/

This will allow you the following functionality:
- Create a new ABS address
- Create an ABS paper wallet
- Bulk Create Addresses
- Split a wallet address
- Show wallet details (WIF, WIFC, HEX, B64) formats.

We are looking for people to test the wallet and confirm that everything is working ok. This wallet can be download via GitHub (version 3.3.1) , there is a link on the site via (zip) if you wish to run it completely offline.

New Release
A new release will be available within the next few weeks (v12.3.1),  this will adjust spork setting on the network, apply bug fixes for database and RPC settings and get things in order for the next release which will be (v12.3.2).

We've been playing with some new functionality changes regarding our spork keys which has taken some time to configure, now that these have been completed, be can proceed with deterministic masternodes.


Thanks CC,

[umar25494]

Absolute seems very undervalued right now,time to grab some bags 👍👍👍

[cygan]

Quick update Everyone

Web Paper Wallet

A New web Paper Wallet is now available https://address.absolutecoin.net/

This will allow you the following functionality:
- Create a new ABS address
- Create an ABS paper wallet
- Bulk Create Addresses
- Split a wallet address
- Show wallet details (WIF, WIFC, HEX, B64) formats.

We are looking for people to test the wallet and confirm that everything is working ok. This wallet can be download via GitHub (version 3.3.1) , there is a link on the site via (zip) if you wish to run it completely offline.

New Release
A new release will be available within the next few weeks (v12.3.1),  this will adjust spork setting on the network, apply bug fixes for database and RPC settings and get things in order for the next release which will be (v12.3.2).

We've been playing with some new functionality changes regarding our spork keys which has taken some time to configure, now that these have been completed, be can proceed with deterministic masternodes.


Thanks CC,

in conversation, the collateral for the masternodes are to be increased from 2500 to 5000 ABS, and for 20000 ABS could you run a pov masternode

[grendel25]

Absolute seems very undervalued right now,time to grab some bags 👍👍👍

I agree.  Probably one of the most undervalued speculative plays available in the crypto markets right now.  The development team is solid and doing constructive work. 

The website and whitepaper are overdue for release but they have done the good work of innovating a solid process for making paper wallets as seen a few posts above this one.

A lot of the communication is not taking place here on btc-talk but more through discord and telegram.  Even has a bridge setup so people on discord can see telegram chats and vice-versa. 

It is getting close to production time in my opinion.  I mean, time to produce tangible actions or miss the next alt-coin buzz in the markets.  Many people are saying this summer will be good for alts.  I believe absolute can capitalize if they can get some clients on board with their technology.  That's my big hope anyways.

[Bitcoin Miners]

I agreed that Absolute coin has fallen too much and actually been undervalued at the moment. I was one of Absolute coin supporters months ago during its campaign, and so far I still hold all my Absolute coin. Even at the price around 500 satoshis is undervalue price of ABS. Be positive, determinant, and keep supporting Absolute coin because I have never lost my belief in Absolute coin.

[grendel25]

Hey folks.. I heard Absoute Coin may be changing algorithm to LyraV3.  Please let me know if anyone hears further of it.  I'll do the same.

[Gumiho]

I just want to issue a warning about grendel25 above here, he's known to have been shilling scams earlier

[Crypto-Centric]

I just want to issue a warning about grendel25 above here, he's known to have been shilling scams earlier

You should look into ABS further, feel free to come and chat to the community on Discord or Telegram. We've been developing ABS for over a year now, so we would have hoped we would be past these kind of statements by now.

[Crypto-Centric]

Absolute Update #19.2

The next update (12.3.1) is almost ready for testing, so the community should expect the release with the next few weeks. This will be a staging release for Deterministic Masternodes to be activated on the Network. The process for setting up, building and configuring new Masternodes will also change significantly when these new nodes are activated. We will make sure all the documentation is available as before.

New Governance Budget Proposals will also be available this week. We recommend that members of the community vote promptly so that we can secure the next superblock.

[Sellman]

Absolute Update #19.2

Are you from Absolute coin's team? Even you are, you should post link to the information, such as from Absolute coin's website or anywhere else. Anyway, I thank you for the very important information on progress of Absolute coin project. It is positively to see Absolute coin projects has still been lively developed despite of its fall in price over recent months. I wish that the upgrade will have good impacts on Absolute coin's price and demands.

[CryptoNinja11]

Any thoughts of getting listed on a service like CryptoChest or StakingLab?

[Crypto-Centric]

So update 12.3.1 will be available on 26th on June. Some of the PoV node source code will be included but not yet enabled.

All old Masternodes will be disabled on the 10th of July.

This release will in a intermediate release which is required to get @everyone in the right position to turn tiered deterministic nodes on at a later date.

We will also be shaking up how the community is organised and shifting information on to the website which will have a members portal. More to follow on this over the weekend.

[Crypto-Centric]

Any thoughts of getting listed on a service like CryptoChest or StakingLab?

It's possible, however we are limited by listing fees so we can see whats suitable for ABS.

[cygan]

So update 12.3.1 will be available on 26th on June. Some of the PoV node source code will be included but not yet enabled.

All old Masternodes will be disabled on the 10th of July.

This release will in a intermediate release which is required to get @everyone in the right position to turn tiered deterministic nodes on at a later date.

We will also be shaking up how the community is organised and shifting information on to the website which will have a members portal. More to follow on this over the weekend.

i started my 7th ABS masternode today 
must be on 26th june the wallet gui updated to the new version or we have some time left till 10th july to use the old version?

[Crypto-Centric]

So update 12.3.1 will be available on 26th on June. Some of the PoV node source code will be included but not yet enabled.

All old Masternodes will be disabled on the 10th of July.

This release will in a intermediate release which is required to get @everyone in the right position to turn tiered deterministic nodes on at a later date.

We will also be shaking up how the community is organised and shifting information on to the website which will have a members portal. More to follow on this over the weekend.

i started my 7th ABS masternode today 
must be on 26th june the wallet gui updated to the new version or we have some time left till 10th july to use the old version?

No, you will be able to use the old version up to the 10th of July

[Sellman]

The price of Absolute coin fell dramatically over last several months, since the last week of its campaign ended. I stopped running my Absolute coin masternode because monthly income (at current price of Absolute coin) is not enough to pay monthly VPS service fee. Nevertheless, I don't have plan to sell my Absolute coin soon, and will hold them to wait for better price with upcoming season for altcoins. It might be a long waiting time but I will keep patiently waiting for it.