Topic: [Experiment] Abstract Coin 0.3.0 (Read 5852 times)

You just post your address.  I will send the first airdrops out today.  Unfortunately, it seems none of the original protagonists of this 2013 experiment seem to be active

As a reminder, this BRC-20 experiment would be just a transitional solution while we do it properly, as the OP intended (ie. with timestamping on an existing blockchain with json/merkle trees)

I'm interested, where do I apply for airdrop exactly?

That is the actual project, yes, it's what the OP wanted to do with this experiment 10 years ago

While that is being developed, the 100M quantized "abstract sats" is an interim solution

I am the first person to buy abstract coin using crypto coins (see in previous pages) 

If anybody wants an "airdrop" from my portion of the original "distribution", I can send as BRC-20 airdrop

The BRC-20 model is basically what OP of this thread wanted, as it is exactly that, JSON inscribed onchain. But the part that fits imperfectly is that an abstract coin must be infinitely divisible, whereas $ACTX BRC-20 is "quantized" into 100 million abstract sats

The concept as you said about using json for transactions, Merkle trees and merging with crypto chains is an interesting aspect. However, I think this all depends on the response and interest of the community and the support they receive in developing something like this.

Hey folks, I know it might sound a bit out there to perform necromancy on a decade-old thread back from the dead

With the rise of BRC-20 tokens recently, I got the idea: why not give Abstract Coin another shot? So, I went ahead and created $ACTX as a BRC-20

Since the OP said


Now, I know it's not a perfect match for the original idea. After all, BRC-20 doesn't exactly jive with the concept of infinite divisibility. But, I see it as a kind of stepping stone, a placeholder, if you will, between Abstract Coin 0.3.0 and what I hope will be Abstract Coin 1.0 when we figure out how to do it properly

I see Abstract Coin as a kind of proto-NFT, an immaterial and invisible valuable or even performance art. Abstract Coin is not tied to any blockchain, but can provisionally use any

Here are the next steps I propose

0) I created 100 000 000 Abstract Sats. As said before, this is a departure from the original concept. It is a provisional solution and if there's enough interest, we will do it properly later

1) if you are in the original leaderboard, write a "command" to DEX/transfer your Abstract Coins to $ACTX, and I will send you your portion of $ACTX. Unfortunately, I think most original holders are all gone from here, I tried to message a few privately. I will only keep my original portion for myself

2) after this BRC-20 project, if there's interest, we'll do it in a better way, by using json for txes, merkle tree, and piggybacking on a crypto chain to keep 'infinite divisibility' of the original concept

adamstgBit(4100uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACs0m413|soma13 ,  49);
adamstgBit(4050uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC13BOBIS|J.R. BOB DOBBS,  50);
adamstgBit(4000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC00100|Voodah,  50);

confirmed...But, balance is 4149, not 4249.