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Abelian is a Layer 1 Blockchain system with both quantum-resistant and privacy-preserving features. By quantum-resistant, Abelian’s cryptographic systems can defend against attacks launched by the future powerful quantum computers. By privacy preserving, Abelian has the privacy coin ABEL, which can be used with full privacy, or privacy in the pseudonymous level.
This is the world’s first Blockchain system which is both post-quantum and privacy-preserving. In addition, the security and privacy assurance of Abelian are both mathematically proven secure. This is also the world’s first provably secure Blockchain system with its security and privacy being both mathematically reduced to some well-known quantum-resistant hard problems.
Abelian’s lattice-based post-quantum cryptosystems are based on CRYSTALS-Dilithium and Kyber, both have been chosen by the US National Institute of Standards and Technology (NIST) as in the first batch of post-quantum cryptographic (PQcrypto) national standards. This symbolizes the mass adoption of these PQcrypto primitives by the federal agencies and the rest of the world for replacing existing elliptic curve cryptosystems.
Abelian makes use of linkable ring signatures in the context of post-quantum security. While different from Monero, Abelian has multiple levels of privacy spanning from pseudonymity to full privacy. Pseudonymity gives similar anonymity assurance to that by Bitcoin. Full privacy protects sender and receiver wallet addresses, and also the transaction amount. In between pseudonymity and full privacy, Abelian also supports accountability, which lets a user share a trapdoor information with a third party in such a way that full privacy is still ensured against the public while it becomes pseudonymous to this third party.
Abelian’s Proof-of-Work (POW) mechanism is compatible with that of the Ethereum 1.0 and hence is GPU friendly. Mining rigs and farms which were previously built for Ethereum 1.0 mining can readily be migrated to mine Abelian privacy coin ABEL.
Abelian is also an ecosystem that in addition to the Layer 1 POW post-quantum Blockchain network, Abelian aims at supporting other Blockchain systems including major EVM-compatible Blockchains to be quantum-safe. By applying Abelian’s lattice-based zero-knowledge proof systems, Abelian is able to protect digital assets residing on other non-quantum-safe Blockchains against quantum attacks.
What is Abelian?
Abelian, with ticker ABEL, stands out as a pioneering blockchain system that combines quantum resistance and privacy preservation. Developed by the Abelian Foundation, it leverages advanced lattice-based cryptographic schemes and zero-knowledge proofs to ensure multi-tier privacy for its users. The system offers various privacy levels, including pseudonymous, fully private, and compliant-private options, making it versatile for different user needs.
The cryptographic backbone of Abelian is built on CRYSTALS-Dilithium and Kyber, both recognized by the US National Institute of Standards and Technology (NIST) as part of the first batch of post-quantum cryptographic standards. This endorsement underscores the robustness of Abelian's security measures against future quantum computer attacks. The blockchain employs linkable ring signatures, providing multiple privacy levels from pseudonymity, akin to Bitcoin, to full privacy, which conceals sender and receiver addresses as well as transaction amounts.
Abelian's Proof-of-Work (POW) mechanism is compatible with Ethereum 1.0, allowing existing Ethereum mining rigs to transition seamlessly to mining ABEL. This compatibility ensures that Abelian can leverage existing infrastructure, promoting ease of adoption. Beyond its Layer 1 blockchain, Abelian aims to support other blockchain systems, including major EVM-compatible blockchains, by applying its lattice-based zero-knowledge proof systems to protect digital assets from quantum threats.
The Abelian ecosystem is supported by a team of cryptographers, mathematicians, and crypto engineers, ensuring continuous development and innovation. The project also provides resources and support for developers through its Discord channel, fostering a collaborative environment for growth and advancement.
What is the technology behind Abelian?
Abelian (ABEL) stands out in the cryptocurrency landscape with its post-quantum blockchain system, integrating lattice-based zero-knowledge proofs and cryptographic schemes. This innovative approach ensures that Abelian is not only resistant to current cryptographic attacks but also future-proofs itself against the potential threats posed by quantum computers. Quantum computers, with their immense processing power, could potentially break traditional cryptographic systems, but Abelian's lattice-based technology provides a robust defense.
The blockchain infrastructure of Abelian is designed to be quantum-resistant, leveraging lattice-based cryptographic systems like CRYSTALS-Dilithium and Kyber. These systems have been selected by the US National Institute of Standards and Technology (NIST) as part of the first batch of post-quantum cryptographic standards, indicating their reliability and future adoption. This choice underscores the commitment to security, ensuring that Abelian can withstand even the most advanced computational threats.
In addition to its quantum-resistant features, Abelian also emphasizes privacy. The privacy coin ABEL offers multiple levels of privacy, from pseudonymity to full privacy. Pseudonymity provides a level of anonymity similar to Bitcoin, where transactions are visible but not directly linked to real-world identities. Full privacy, on the other hand, conceals both the sender and receiver's wallet addresses and the transaction amount, ensuring complete confidentiality.
Abelian employs linkable ring signatures to enhance privacy in a post-quantum context. This technique allows for the creation of anonymous transactions while still enabling accountability when necessary. For instance, a user can share trapdoor information with a third party, maintaining full privacy against the public while providing pseudonymous information to the third party. This balance between privacy and accountability is crucial for various use cases, from personal transactions to regulatory compliance.
The Proof-of-Work (POW) mechanism of Abelian is compatible with Ethereum 1.0, making it GPU-friendly. This compatibility means that existing mining rigs and farms designed for Ethereum 1.0 can be easily repurposed to mine ABEL, facilitating a smoother transition for miners and ensuring the network's security and decentralization.
Beyond its core blockchain, Abelian aims to support other blockchain systems, including major EVM-compatible blockchains, to become quantum-safe. By applying its lattice-based zero-knowledge proof systems, Abelian can protect digital assets on non-quantum-safe blockchains from quantum attacks. This cross-chain capability enhances the overall security of the blockchain ecosystem, making Abelian a pivotal player in the future of secure digital transactions.
What are the real-world applications of Abelian?
Abelian (ABEL) stands out as a Layer 1 blockchain system with unique quantum-resistant and privacy-preserving features. This means its cryptographic systems are designed to withstand attacks from future quantum computers, ensuring long-term security. Abelian’s privacy coin, ABEL, offers varying levels of privacy, from pseudonymity to full privacy, protecting user identities and transaction details.
One of the most significant real-world applications of Abelian is its post-quantum blockchain system. This system uses advanced cryptographic techniques, such as CRYSTALS-Dilithium and Kyber, which have been recognized by the US National Institute of Standards and Technology (NIST) as part of the first batch of post-quantum cryptographic standards. This recognition indicates a move towards mass adoption of these cryptographic methods by federal agencies and other entities worldwide.
Abelian also employs linkable ring signatures to enhance privacy. This technology allows transactions to be verified without revealing the identities of the sender or receiver, providing a high level of anonymity. Unlike Monero, Abelian offers multiple privacy levels, including full privacy, which conceals wallet addresses and transaction amounts, and pseudonymity, which offers a level of anonymity similar to Bitcoin.
For developers, Abelian provides a Java SDK, enabling the integration of its blockchain technology into various applications. This makes it easier for developers to build secure and private applications using Abelian’s advanced cryptographic features.
Abelian’s Proof-of-Work (PoW) mechanism is compatible with Ethereum 1.0, making it GPU-friendly. This compatibility allows existing Ethereum mining rigs to be repurposed for mining ABEL, facilitating a smoother transition for miners.
Abelian also aims to support other blockchain systems, including major EVM-compatible blockchains, by making them quantum-safe. By applying its lattice-based zero-knowledge proof systems, Abelian can protect digital assets on non-quantum-safe blockchains from quantum attacks, enhancing the overall security of the blockchain ecosystem.
What key events have there been for Abelian?
Abelian (ABEL) stands out in the cryptocurrency landscape with its dual focus on quantum resistance and privacy preservation. This Layer 1 blockchain system is designed to withstand future quantum computer attacks while ensuring user privacy through advanced cryptographic techniques.
One of the pivotal moments for Abelian was the development of its lattice-based cryptographic schemes. These schemes draw inspiration from CRYSTALS-Dilithium and Kyber, both of which have been selected by the US National Institute of Standards and Technology (NIST) as part of the first batch of post-quantum cryptographic national standards. This endorsement by NIST signifies a significant step towards the mass adoption of post-quantum cryptographic primitives, highlighting Abelian's commitment to cutting-edge security.
The launch of the Abelian network marked another significant milestone. This event introduced a blockchain system that integrates quantum-resistant cryptography with privacy-preserving features. Abelian employs linkable ring signatures to offer multiple levels of privacy, ranging from pseudonymity to full privacy. This ensures that transaction details, including sender and receiver addresses and transaction amounts, can be kept confidential.
In addition to its cryptographic advancements, Abelian has also made strides in its infrastructure. The project underwent a change in its URL, reflecting its evolving identity and commitment to maintaining a robust online presence. This change is part of Abelian's broader strategy to continually update and improve its platform, ensuring it remains at the forefront of blockchain technology.
Abelian's Proof-of-Work (PoW) mechanism is another noteworthy aspect. It is compatible with Ethereum 1.0, making it GPU-friendly and allowing existing Ethereum mining rigs and farms to transition seamlessly to mining ABEL. This compatibility not only enhances the network's security but also provides an incentive for miners to support the Abelian ecosystem.
The project has also gained attention and momentum within the cryptocurrency community due to its innovative approach and recent updates. Abelian's focus on post-quantum cryptography and privacy has positioned it as a forward-thinking player in the blockchain space, attracting interest from both users and developers.
Abelian's ecosystem extends beyond its Layer 1 blockchain network. The project aims to support other blockchain systems, including major EVM-compatible blockchains, to become quantum-safe. By applying its lattice-based zero-knowledge proof systems, Abelian seeks to protect digital assets on non-quantum-safe blockchains from potential quantum attacks.
The integration of Abelian's cryptographic systems into its blockchain network ensures that both security and privacy are mathematically proven. This level of assurance is unique in the blockchain world, providing users with confidence in the robustness of the Abelian platform.
Abelian's journey is marked by its continuous efforts to innovate and enhance its technology. The project's commitment to quantum resistance and privacy preservation sets it apart in the rapidly evolving cryptocurrency landscape.
Who are the founders of Abelian?
Abelian (ABEL) stands out as a Layer 1 Blockchain system with quantum-resistant and privacy-preserving features. The founders of Abelian are Duncan Wong, Andrew Hon, Bob, Eve, Lamda, and Alice. Duncan Wong, with a background in cryptography, has played a pivotal role in the development of Abelian’s security protocols. Andrew Hon, known for his expertise in blockchain technology, contributed significantly to the system's architecture. Bob, Eve, Lamda, and Alice have diverse backgrounds in computer science and cryptographic research, collectively ensuring the robustness and innovation of Abelian’s cryptographic systems.
The live Abelian price today is $0.035503 USD with a 24-hour trading volume of $63,081.38 USD. We update our ABEL to USD price in real-time. Abelian is down 4.45% in the last 24 hours. The current CoinMarketCap ranking is #1633, with a live market cap of $3,082,800 USD. It has a circulating supply of 86,831,104 ABEL coins and the max. supply is not available.