AbelianPrice

(ABEL)

Abelian Coin (ABEL) is an innovative accountable privacy initiative in the cryptocurrency industry. It aims to deliver a next-generation, quantum-resistant cryptocurrency equipped with robust privacy options, setting a new standard for secure and private digital transactions in the evolving Web3 landscape.

Abelian's mission is multifaceted: to establish itself as a leading quantum-resistant cryptocurrency, enabling fully private transactions, and to contribute crucial cryptographic techniques that can bolster the security and privacy of existing cryptocurrencies against future threats, particularly from quantum computing.

Abelian operates as a Layer 1 blockchain system, inherently designed to be quantum-resistant and privacy-preserving. It utilizes advanced lattice-based cryptographic schemes, drawing inspiration from NIST-standardized CRYSTALS-Dilithium and Kyber, to fortify its network against quantum computer attacks. Its Proof-of-Work (POW) mechanism is specifically designed to be GPU-friendly, ensuring compatibility with common Ethereum 1.0 mining rigs, thus promoting wider participation and network decentralization.

Abelian provides a multi-tier privacy framework, offering pseudonymous, fully private, and compliant-private assurance options for wallets. This is achieved through sophisticated cryptographic techniques, including lattice-based linkable ring signatures, commitment schemes, and zero-knowledge proofs. Simultaneously, the project incorporates an accountability feature, allowing authorized bodies or organizations to conduct audits and trace specific transactions under defined conditions, balancing privacy with necessary oversight.

Beyond serving as a quantum-safe and privacy-preserving Layer 1 blockchain itself, Abelian aims to extend its protective capabilities to other EVM-compatible blockchain systems. Through its innovative zero-knowledge proof systems, Abelian can help safeguard digital assets on these external platforms from potential quantum attacks, offering a crucial layer of future-proof security across the broader blockchain ecosystem.

ABEL is the native token that powers the Abelian Mainnet, generated through the block creation process. The project has a fixed total supply of 225.18 million ABELs. Of this, 20.58 million were pre-mined to support initial fundraising, community development, and marketing efforts. The remaining 204.6 million ABELs are progressively mined by the community over an estimated period of approximately 61.66 years, with block rewards systematically halving across ten distinct eras to manage supply and incentivize long-term participation.