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Topic: [ANN][ABS] Absolute Coin | First Proof of View currency backed by Masternodes - page 4. (Read 32898 times)

legendary
Activity: 1672
Merit: 1046
Here we go again
went down to 1$ in MN Payments for a whole Month.

We need some Developments and Priceaction for this one.  Cheesy
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
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
full member
Activity: 406
Merit: 112
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.
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
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?
member
Activity: 1027
Merit: 19
 
 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  -p c=BTC 

 Option 2 Direct coin mining to coin wallet
Code:
 -o stratum+tcp://lyra2v2.mine.zergpool.com:4533 -u  -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  -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
jr. member
Activity: 49
Merit: 3
Quote
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.
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
Quote
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?
newbie
Activity: 6
Merit: 0
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... Grin

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.
sr. member
Activity: 804
Merit: 251
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... Grin

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?
newbie
Activity: 6
Merit: 0
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... Grin

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. "
sr. member
Activity: 804
Merit: 251
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... Grin

What is the reason that the block time will also be changed? Why can't it be 90 seconds?
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
Then maybe it's a good time to get some more ABS before this change applies... Grin
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.
full member
Activity: 406
Merit: 112
Then maybe it's a good time to get some more ABS before this change applies... Grin
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.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
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... Grin
newbie
Activity: 6
Merit: 0
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.
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
the new masternode reward is now 19.20 ABS - is that correct?
when yes, from which block till which one is that activated?
sr. member
Activity: 804
Merit: 251
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.
full member
Activity: 440
Merit: 100
Roobet
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.
full member
Activity: 440
Merit: 100
Roobet
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.
full member
Activity: 487
Merit: 100
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.
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