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Absolute 0.12.2

Absolute (ABS) is a digital currency inspired by solutions first used in Dash. Decentralised network of nodes secures and cryptographically confirms every transaction involving ABS. Solution offered by Absolute gives its users groundbreaking opportunities. First, InstaSend transactions can compete with traditional instantaneous payments methods such as credit cards, while still being secured by Masternode consensus. Second, PrivateSend process ensures absolute privacy of your transactions by obscuring their origins. Token issuance and reward division was carefully designed in a way to maximize utility for all Absolute stakeholders and incentivise the community.

Absolute technical details

Area Absolute setting
Block Time 1.5 minutes
Block Reward 30 ABS
PoW Algorithm Lyra2REv2
MN Collateral 1000 ABS
Rewards split Miners 60%, MasterNodes 40%. Changing over time to: Miners 20% and MasterNodes 80%
Maximum supply 52.5 M
Difficulty retatgeting algo Dark Gravity Wave v3

For building please see INSTALL / proper files in the doc subfolder.

For more information please visit http://www.absolute-coin.com

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