ABP Core Repository

ABP is a cryptocurrency and platfrom that will serve to decentralize the media and entertainement industry. It uses a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 70% of its block reward size to masternodes, 10% to staking nodes 15% to budget proposals, and 5% to developments. The goal of ABP is to achieve a decentralization of motion picture funding, and create an ecosystem governed by Initial Video Offerings and masternode governance.

Features

• Anonymous transactions with Zerocoin Protocol.
• Fast transactions featuring guaranteed zero confirmation transactions, we call it FastTX.
• Decentralized blockchain voting using Masternodes for project proposals, which are funded by the governance. The blockchain will distribute governance funds based on successful proposals submitted by the community and voted on by the masternode holders.

More information at abpnetwork.io.

Coin Specs

Block Time	60 Seconds
Difficulty Retargeting	Every Block
Max Coin Supply	21,000,000
Premine	1,050,000 ABP
Network	PoS 3.0
Privacy Technology	Zerocoin Protocol
Fast Send	FastTX
Minimum Stake Age	3h
Transaction Fee	0.001 ABP
Fast Send	FastTX
Confirmations	6
Accumulator Encryption	RSA-2048
MN Collateral	1000 ABP
Block Rewards	2-10 ABP (Wave Sequence)

Reward Distribution

Genesis Block
Block Height	Reward Amount	Notes
1	1,050,000 ABP

PoS, Governance, Developments and Masternodes Reward Schedule

Phase	Block Height	Masternodes (70%)	PoS (10%)	Governance (15%)	Developments (5%)
Phase 1	2-10080	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 2	10081-20160	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 3	20161-30240	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 4	30241-40320	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 5	40321-50400	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 6	50401-60480	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 7	60481-70560	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 8	70561-80640	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 9	80641-90720	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 10	90721-100800	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 11	100801-110880	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 12	110881-120960	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 13	120961-131040	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 14	131041-141120	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 15	141121-151200	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 16	151201-161280	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 17	161281-171360	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 18	171361-181440	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 19	181441-191520	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 20	191521-201600	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 21	201601-211680	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 22	211681-221760	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 23	221761-231840	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 24	231841-241920	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 25	241921-252000	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 26	252001-262080	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 27	262081-272160	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 28	272161-282240	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 30	282241-292320	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 31	292321-302400	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 32	302401-312480	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 33	312481-322560	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 34	322561-332640	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 35	332641-342720	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 36	342721-352800	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 37	352801-362880	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 38	362881-372960	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 39	372961-383040	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 40	383041-393120	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 41	393121-403200	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 42	403201-413280	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 43	413281-423360	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 44	423361-433440	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 45	433441-443520	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 46	443521-453600	7 ABP	1 ABP	1.5 ABP	0.5 ABP
Phase 47	453601-463680	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 48	463681-473760	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 49	473761-483840	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 50	483841-493920	1.4 ABP	0.2 ABP	0.3 ABP	0.1 ABP
Phase 51	493921-504000	2.8 ABP	0.4 ABP	0.6 ABP	0.2 ABP
Phase 52	504001-514080	4.2 ABP	0.6 ABP	0.9 ABP	0.3 ABP
Phase 53	514081-524160	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP
Phase 54	524161-Max Supply	5.6 ABP	0.8 ABP	1.2 ABP	0.4 ABP