Abelian ABEL Price

What is Abelian (ABEL)?

Abelian (ABEL) is a post-quantum, privacy-preserving Blockchain network. Abelian, a Layer 1 Blockchain system, introduces the world's first blockchain that is both post-quantum and privacy-preserving.

Quantum Resistance and Privacy Preservation

Abelian's cryptographic systems are designed to withstand potential threats posed by powerful quantum computers, marking a significant advancement in the realm of quantum-resistant blockchain technology. The privacy coin, ABEL, lies at the heart of Abelian's commitment to user confidentiality. ABEL can be utilized with varying degrees of privacy, ranging from pseudonymity to complete anonymity.

Proven Security and Mathematical Assurance

What sets Abelian apart is not just its technological innovation but also the robust security and privacy assurance backed by mathematical proofs. Abelian's lattice-based post-quantum cryptosystems, featuring CRYSTALS-Dilithium and Kyber, are selected by the US National Institute of Standards and Technology (NIST) as part of the first batch of post-quantum cryptographic national standards.

This recognition signifies the widespread adoption of Abelian's cryptographic primitives, a crucial step in replacing existing elliptic curve cryptosystems globally.

Linkable Ring Signatures and Privacy Levels

Abelian employs linkable ring signatures within a post-quantum security framework. Unlike Monero, Abelian offers multiple levels of privacy, from pseudonymity akin to Bitcoin to complete anonymity. The innovative concept of accountability allows users to share trapdoor information with a third party while maintaining full privacy against the public.

Compatibility and Mining Efficiency

Abelian's Proof-of-Work (POW) mechanism is GPU-friendly and compatible with Ethereum 1.0. This compatibility enables seamless migration of mining rigs and farms from Ethereum 1.0, offering a convenient transition for miners interested in Abelian's privacy coin, ABEL.

Dr. Duncan Wong's Vision

Heading the helm at CryptoBLK, a Hong Kong-based blockchain company, Dr. Duncan Wong is not only the CEO but also a founding member of Abelian. With a focus on delivering state-of-the-art Distributed Ledger Technology solutions, Dr. Wong's involvement in the quantum-safe privacy-preserving cryptocurrency project, Abelian, underscores the project's commitment to pushing the boundaries of blockchain technology.

Ecosystem Expansion and Quantum-Safe Support

Beyond its Layer 1 POW post-quantum Blockchain network, Abelian envisions extending its support to other blockchain systems, including major EVM-equivalent blockchains, to ensure quantum-safe operations. By leveraging Abelian's lattice-based zero-knowledge proof systems, the platform aims to safeguard digital assets on non-quantum-safe blockchains from potential quantum attacks.

In conclusion, Abelian stands as a pioneer in the intersection of quantum resistance and privacy preservation within the blockchain space. With its mathematically proven security, innovative privacy features, and a leader in Dr. Duncan Wong, Abelian is poised to reshape the future of secure and private blockchain transactions.

Abelian's Proof-of-Work (POW) mechanism is compatible with Ethereum 1.0, making it GPU-friendly and allowing mining rigs and farms previously used for Ethereum 1.0 to easily transition for mining Abelian's privacy coin ABEL.

What is unique about Abelian (ABEL)?

Abelian is the world's first post-quantum and privacy-preserving Layer 1 Blockchain system, featuring mathematically proven security and privacy assurance. Its lattice-based cryptosystems, using NIST-standardized CRYSTALS-Dilithium and Kyber, make it quantum-resistant, and it offers varying privacy levels from pseudonymity to full privacy.

Who are the founders of Abelian (ABEL)?

Dr. Duncan Wong is the CEO of CryptoBLK and a founding member of Abelian. CryptoBLK, a Hong Kong-based blockchain company, specializes in delivering Distributed Ledger Technology solutions.

Who are the backers/investors of Abelian (ABEL)?

Specific supporters and investors of the project are unknown. For up-to-date investor/backer information, please visit the project's official website.

Where can I buy Abelian (ABEL)?

 MEXC, BitMart