ABCMint Foundation
www.abcmint.org Global Algorithm Foundation
The family of public-key cryptosystems, a fundamental breakthrough in modern cryptography in the late 1970s, has increasingly become a part of our communication networks over the last three decades. The Internet and other communication systems rely principally on the Diffie-Hellman key exchange, RSA encryption, and digital signatures using DSA, ECDSA, or related algorithms. The security of these cryptosystems depends on the difficulty of number theory problems such as Integer Factorization and the Discrete Log Problem. In 1994, Peter Shor showed that quantum computers could solve each of these problems in polynomial time, thus rendering the security of all cryptosystems based on such assumptions impotent. In the academic world, this new science bears the moniker Post-Quantum Cryptography (PQC).
In August 2015, the National Security Agency (NSA) published an online announcement stating a plans to transition to quantum-resistant algorithms. In December 2016, the National Institute of Standards and Technology (NIST) announced a call for proposals of quantum resistant algorithms with a deadline of November 30th 2017.
In light of the threat that quantum computers pose to cryptosystems such as RSA and ECC, the once-distant need to develop and deploy quantum-resistant technologies is quickly becoming a reality. Cryptocurrencies like Bitcoin are new financial instruments which are created to make financial transactions more efficient, cheaper, and decentralized. Their fundamental building blocks are cryptographic algorithms such as ECC digital signatures which are used to perform various functions to ensure the integrity and security of the whole system. However, the use of ECC signatures and other similar cryptographic algorithms means that quantum computing could pose a fatal threat to the security of existing cryptocurrencies, which deploy number theory-based public key cryptosystems extensively.
The mission of the ABCMint Foundation is to successfully develop quantum-resistant blockchain technology. We also look to promote and support fundamental research for quantum computing technology and post-quantum algorithms.
Topic: BTC is over！Post-Quantum Cryptography mining ABC coin (Read 61 times)
Mine ABCMint with multiple GPUs / ESXi Nvidia PCI passthrough to Ubuntu 16.04 Ho
ABC token one machine single card mining tutorial
Many people have heard of the mining of Bitcoin and Ethereum, but Bitcoin and Ethereum are no longer suitable for ordinary people to mine because there are too many people, which makes it difficult to mine. However, anti-quantum ABC tokens can still be mined at present, although the mine production is not high, it is not completely impossible to mine.
This section of the tutorial introduces you to the mining of ABC tokens.
Ⅰ. Preparation:
A computer, namely a mining machine, needs to be equipped with an Nvidia graphics card, recommended 1060Ti, 1070Ti, 1080Ti, 2080Ti. These are fairly good graphics cards that the webmaster has tried.
Ⅱ. Install the Ubantu operating system
The windows version of the wallet currently only supports CPU mining, does not support GPU, and is less efficient, so you need to install the Ubantu system, either 16.04 or 18.04.
After installation, you need to drive the graphics card to command nvidia-smi to display normally.
Ⅲ. Mining:
The wallet runs the following commands:
setgenerate true
That means mining is started. At this time, you execute the command nvidia-smi to observe whether the GPU utilization rate reaches 100%. If it is, it is already mining.
At this time, you need to wait patiently. If you are lucky, you can mine one block in two or three hours, which is 2560 tokens. If you are unlucky, it may take a week to dig one. As long as you have patience, you will find it.
Will ABC anti-quantum digital currency be the new “coin king”?
(1) What is ABC?
Digital currency that is resistant to quantum computer cracking
Bottom algorithm: Rainbow Signature
Digging program: ABCardO polynomial mathematical equation
Consensus mechanism: Proof of Work
(2) Information of ABC
Total ABC: 2,147,483,647 dings of ABC
ABC unit: Ding
Founding block: 214,748,364.7 dings of ABC
Block height: 0
Timestamp: 2018-06-18 03:08:00
Byte size: 746
A block is produced in approximately 10 minutes. It has been mined for about 90 years since 2018, and in the first eight years, the overall supply accounted for 50%. Instead of halving every four years, the output was reduced by about 25%, namely dropping to 75% of the previous year’s output.
The group of ABCCore initiators pre-mined 10% of the genesis block, of which 3% donated to the ABCMint Foundation.
(3) How do we obtain ABC?
There are two approaches, and one is digging coins.
The other is from Over-the-Counter market.
Is ABC traded in exchange?
Currently, ABC hasn’t been traded in any exchanges.
(4) How much is the reward for ABC digging a block?
At present, ABC rewards 2560 dings per block.
In fact, the rewards are not constant. Since 2018, the rewards of a block are:
5-10-20-40-160-640-1280-2563-2560
Since 2022, the reward for a block will undergo continuing decrease.
1884,1386,1020,751,552,406,299,220,162,119,87,64,47,35,25,18,13,10,7,5,4
(5) About ABC mining program
Program: polynomial mathematical equation ABCardO
Mechanism: PoW (Proof of Work)
Pattern: graphics card GPU
Release time: 2018-6-18
Half supply: 50% mined in next 8 years
Overall output: 2147483647 in 88 years
The ABC digging program employs the polynomial mathematical equation ABCardO (developed by the world’s most outstanding polynomial solution expert Dr. Ruben Niederhagen whom ABCMint commissioned)
At different levels of difficulty, the mining method of solving polynomials will enable mathematicians to understand how much computing power can be solved in various polynomials and other meaningful mathematical problems.
(6) About the method of how to dig coins
Just like Bitcoins, ABC produces a block in about 10 minutes. It has been mined for about 90 years since 2018, and in the first eight years, the total supply accounted for 50%. Instead of halving every four years, the output decreased by about 25%, which mean that it dropped to 75% of the previous year’s output.
The environment of digging system: Ubuntu16.04 + NVIDIA CUDA9.6+ GPU GTX1080Ti / Ubuntu18.04 + NVIDIA CUDA10.2 + GPU RTX2080Ti
Ruben Niederhagen provides a GPU mining program that is faster than the CPU, and high-class miners can integrate it into the ABCMint core.
Recommended graphics card model for mining
ABC mining employs the ABCardO polynomial algorithm. Presently, mining ABC coin can only use Nvidia graphics cards. Other cards and mining machines on the market are not suitable.
Recommended 2080 Ti，3080，3090
(7) Issues relevant to holding patents
At the aspect of anti-quantum computer cracking, the ABCmint (Switzerland) Foundation has two patents. The fist one is the “Rainbow Signature” (Patent Time Limits: 2004-2022). The agreement, between NIST and Professor Ding, is that the patent will be abandoned on the condition that NIST selects the rainbow signature as the final standard. The second is a patent to “solve the problem of all anti-quantum signature public keys being huge” (Patent Time Limits: 2019-2040). This signifies that the entire anti-quantum signatures, if employed in digital currencies, will encounter congestion sooner or later because of the huge public key, and it is practically impossible to solve this problem without the application of the second patent.
Therefore, it is expected that in the future, all digital currencies will put the patents and signatures of the ABCmint (Switzerland) Foundation into use as long as they are anti-quantum.
ABC token one machine single card mining tutorial
Many people have heard of the mining of Bitcoin and Ethereum, but Bitcoin and Ethereum are no longer suitable for ordinary people to mine because there are too many people, which makes it difficult to mine. However, anti-quantum ABC tokens can still be mined at present, although the mine production is not high, it is not completely impossible to mine.
This section of the tutorial introduces you to the mining of ABC tokens.
Ⅰ. Preparation:
A computer, namely a mining machine, needs to be equipped with an Nvidia graphics card, recommended 1060Ti, 1070Ti, 1080Ti, 2080Ti. These are fairly good graphics cards that the webmaster has tried.
Ⅱ. Install the Ubantu operating system
The windows version of the wallet currently only supports CPU mining, does not support GPU, and is less efficient, so you need to install the Ubantu system, either 16.04 or 18.04.
After installation, you need to drive the graphics card to command nvidia-smi to display normally.
Ⅲ. Mining:
The wallet runs the following commands:
setgenerate true
That means mining is started. At this time, you execute the command nvidia-smi to observe whether the GPU utilization rate reaches 100%. If it is, it is already mining.
At this time, you need to wait patiently. If you are lucky, you can mine one block in two or three hours, which is 2560 tokens. If you are unlucky, it may take a week to dig one. As long as you have patience, you will find it.
Will ABC anti-quantum digital currency be the new “coin king”?
(1) What is ABC?
Digital currency that is resistant to quantum computer cracking
Bottom algorithm: Rainbow Signature
Digging program: ABCardO polynomial mathematical equation
Consensus mechanism: Proof of Work
(2) Information of ABC
Total ABC: 2,147,483,647 dings of ABC
ABC unit: Ding
Founding block: 214,748,364.7 dings of ABC
Block height: 0
Timestamp: 2018-06-18 03:08:00
Byte size: 746
A block is produced in approximately 10 minutes. It has been mined for about 90 years since 2018, and in the first eight years, the overall supply accounted for 50%. Instead of halving every four years, the output was reduced by about 25%, namely dropping to 75% of the previous year’s output.
The group of ABCCore initiators pre-mined 10% of the genesis block, of which 3% donated to the ABCMint Foundation.
(3) How do we obtain ABC?
There are two approaches, and one is digging coins.
The other is from Over-the-Counter market.
Is ABC traded in exchange?
Currently, ABC hasn’t been traded in any exchanges.
(4) How much is the reward for ABC digging a block?
At present, ABC rewards 2560 dings per block.
In fact, the rewards are not constant. Since 2018, the rewards of a block are:
5-10-20-40-160-640-1280-2563-2560
Since 2022, the reward for a block will undergo continuing decrease.
1884,1386,1020,751,552,406,299,220,162,119,87,64,47,35,25,18,13,10,7,5,4
(5) About ABC mining program
Program: polynomial mathematical equation ABCardO
Mechanism: PoW (Proof of Work)
Pattern: graphics card GPU
Release time: 2018-6-18
Half supply: 50% mined in next 8 years
Overall output: 2147483647 in 88 years
The ABC digging program employs the polynomial mathematical equation ABCardO (developed by the world’s most outstanding polynomial solution expert Dr. Ruben Niederhagen whom ABCMint commissioned)
At different levels of difficulty, the mining method of solving polynomials will enable mathematicians to understand how much computing power can be solved in various polynomials and other meaningful mathematical problems.
(6) About the method of how to dig coins
Just like Bitcoins, ABC produces a block in about 10 minutes. It has been mined for about 90 years since 2018, and in the first eight years, the total supply accounted for 50%. Instead of halving every four years, the output decreased by about 25%, which mean that it dropped to 75% of the previous year’s output.
The environment of digging system: Ubuntu16.04 + NVIDIA CUDA9.6+ GPU GTX1080Ti / Ubuntu18.04 + NVIDIA CUDA10.2 + GPU RTX2080Ti
Ruben Niederhagen provides a GPU mining program that is faster than the CPU, and high-class miners can integrate it into the ABCMint core.
Recommended graphics card model for mining
ABC mining employs the ABCardO polynomial algorithm. Presently, mining ABC coin can only use Nvidia graphics cards. Other cards and mining machines on the market are not suitable.
Recommended 2080 Ti，3080，3090
(7) Issues relevant to holding patents
At the aspect of anti-quantum computer cracking, the ABCmint (Switzerland) Foundation has two patents. The fist one is the “Rainbow Signature” (Patent Time Limits: 2004-2022). The agreement, between NIST and Professor Ding, is that the patent will be abandoned on the condition that NIST selects the rainbow signature as the final standard. The second is a patent to “solve the problem of all anti-quantum signature public keys being huge” (Patent Time Limits: 2019-2040). This signifies that the entire anti-quantum signatures, if employed in digital currencies, will encounter congestion sooner or later because of the huge public key, and it is practically impossible to solve this problem without the application of the second patent.
Therefore, it is expected that in the future, all digital currencies will put the patents and signatures of the ABCmint (Switzerland) Foundation into use as long as they are anti-quantum.
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