stackofstake.com

@everyone, The network has been experiencing some slow downs in block processing today due to rapid changes in hashing power (number of miners on the network). Timings will stabilise again once we converge on a new hashing average.


The block reward reduction has successfully been implemented@everyone. Rewards are now totaling 15 ABS, split between 12 for MN and 3 for Miners.

Today has also seen the implementation of a Bridging Bot which will Link Discord Announcements and the General channel with the Telegram Supergroup. We will work to try and get more integration throughout the social networks in the coming weeks.


Annual halving readjustment at block number 385440 will happen tomorrow, so we will monitor the network to check everything goes as planned.

In other news@everyone, we need to renew out masternode.pro listing which is due to expire on the 9th of June. The fee is 0.1 BTC, I personally think that its important that we stay listed on the site. So we will need to raise this either through governance or via donations.

Donations can be made via <#430823600413605888>, any amount is appreciated.

Thanks, CC


A triple redundancy seed crawler service has been configured for the ABS network and is now live@everyone. This should remove the need for “addnode” to be added within the absolute.conf. The service is configured to service only 70210 nodes on the network and will supply new connecting nodes with the best available connections to allow syncing to be completed as quickly as possible.


All 70209 protocol Masternodes will no longer receive rewards on the network as of 12:00 UTC today. Please update to v0.12.2.5 to maintain receiving your masternode rewards.



A reminder to@everyone to make sure you update to v0.12.2.5 before block 385440 otherwise you will be on the wrong chain.

Reward Cut off for all 70209 protocol nodes will be Sunday, 07-Apr-19 12:00:00 UTC

You can download the wallets here: https://github.com/absolute-community/absolute/releases/tag/v12.2.5

The guide for upgrading existing nodes from 12.2.3 and 12.2.4 is available here:
https://github.com/absolute-community/absolute/wiki/Masternode-Update-Guide-For-V0.12.2.5

Fresh VPS installs can be created by downloading the precompiled binaries using this script:
https://github.com/absolute-community/absolute/wiki/Automated-Installer-Precomplied-Binaries-Cold-Node-Linux-VPS



Here is an update on development and community wages@everyone. February and March have been a particularly busy period for us with over 1000 commits on Github.

Below are wage history statements for February and March.

February
https://absolutecoin.harvestapp.com/client/invoices/fbab6f2f37e1fc54d37a9c8f42fc6bb28da20ae4

March
https://absolutecoin.harvestapp.com/client/invoices/b2f950b28f300ff838f7fbfe925e63181092fffc

We use a app called Harvest to keep track of expenses and wages, we will publish the running cost of ABS via this systems as well soon.



A reminder to@everyone to make sure you update to v0.12.2.5 before block 385440 otherwise you will be on the wrong chain.

You can download the wallets here: https://github.com/absolute-community/absolute/releases/tag/v12.2.5

The guide for upgrading existing nodes from 12.2.3 and 12.2.4 is available here:
https://github.com/absolute-community/absolute/wiki/Masternode-Update-Guide-For-V0.12.2.5

Fresh VPS installs can be created by downloading the precompiled binaries using this script:
https://github.com/absolute-community/absolute/wiki/Automated-Installer-Precomplied-Binaries-Cold-Node-Linux-VPS



Hashing spikes on the network are currently affecting block timing@everyone. This is nothing to worry about and can happen when the price spikes suddenly.


Gleam winners that have been in contact with us have now received their rewards. Well done again to the winners. Sure we will do another campaign soon@everyone.

OK, so the rollout of v12.2.5 is going well, the network is looking good. To confirm 70209 transactions (v12.2.3 and v12.2.4 wallets) will still be processed on the network until the 12th of April.

Work today will be to upgrade the multi VPS node installer. This is for those that wish to run more than one ABS node on a single VPS. It’s worth noting that those unfamiliar with this process and are considering this setup, you will need an IP for each Masternode. ABS is port locked to 18888, so you can’t have two Masternodes on one IP.

We will add a protocol 70210 (v12.2.5) node list to the wiki and Discord later today. V12.2.5 nodes will not be able to disconnect new nodes that only have one connection to the network, this fixes a problem from the previous release.

Further goals in the near future:
Activated an insight block explorer
Activate Network Crawler to replace the DNS seed nodes, this should improve sync times on new wallets.
Website update
Whitepaper update
Roll out test website for PoV testing with QR codes


We are please to announce that v12.2.5 is now available, this release is mandatory@everyone and includes the follow improvements :

Back ports from Bitcoin
New Gitian build setup and improvements (deterministic builds)
InstantSend fixes
Masternode list sync fix
PoVNET implementation to complement integration work of the Proof of View Platform
Governance Improvements
Hardcoded Seeds pulled directly from the Masternode List
Remove Watchdog_Expired and replace with No_Sentinel_Ping
Improved initial sync and connection
General bug fixes
Develop Testnet and Mining Pool integration
General Stability improvements
Install script improvements
Small GUI improvements
Proposal C2 implementation - Hard Fork at Block 385440

As stated above this release will hard fork at 385440 so that the the annual reward can be lowered to the proposed amount in Governance proposal C2. The network will be made ready before hand on the 7th of April, where all old Masternodes will be disconnect.

You can download the wallets here: https://github.com/absolute-community/absolute/releases/tag/v12.2.5

The guide for upgrading existing nodes from 12.2.3 and 12.2.4 is available here:
https://github.com/absolute-community/absolute/wiki/Masternode-Update-Guide-For-V0.12.2.5

Fresh VPS installs can be created by downloading the precompiled binaries using this script:
https://github.com/absolute-community/absolute/wiki/Automated-Installer-Precomplied-Binaries-Cold-Node-Linux-VPS

absolute-community/absolute
Absolute - The First Proof of View Cryptocurrency - absolute-community/absolute
absolute-community/absolute
Absolute - The First Proof of View Cryptocurrency - absolute-community/absolute
absolute-community/absolute
Absolute - The First Proof of View Cryptocurrency - absolute-community/absolute

The Gleam Masternode Giveaway has ended, congratulations to the winners of the competition. If you are a winner, you will receive an email later on today if instructions on how to claim your masternode. 2 months free hosting is also available if required with Pecunia.

Lucky winners are:
Daniil L
Yordan N
Dimitri Z
TimeTravel J
Noobito T
Ximenes X
Crypto S
Yoeshi
Anita S
Brigida M

Thanks to those that took part@everyone, we will doubt do another campaign in the near future once the market starts picking up again.


We are now out of maintenance mode on MNO@everyone, status of your nodes will be “update required” until you upgrade to v12.2.5.


We are please to announce that the new release is now ready. Testing on the Testnet has been successful@everyone. Source is now available for anyone wishing to take a look and compile themselves, deterministic binaries (wallets) will be available on Tuesday at 20:00 UTC.

Due to a transaction version bump, this new release will not process new transactions from v12.2.5 nodes until the mining pools update. So if you are going to compile yourself, please be aware of this.

This gives us time to finish the release notes and installer scripts. Ubuntu 16.04 and 18.04 will be supported by installer scripts. We may increase this to other OS's later in the week.

v12.2.5a will activate a number of BIPs and a hard fork will occur at block 385440, any nodes on older versions will then be on the wrong fork. We estimate that this will be on the 12th of April.

All old protocol Masternodes (70209) will be disconnect for the reward structure on the 7th of April at 12:00 UTC.

We will be updating the Wiki and installer guides tomorrow, Watchdog_Expired in particular has been replaced in this release, so hopefully this update should make it clearer for the community to setup new nodes.


Quick update@everyone, So testing has gone well on the mainnet. We are pleased to announce that Gitian builds (Deterministic building) are now working and will will be available for all wallet types when the next release is ready to go. This will end any issues with cross platform compatibilities which have been an issue for Mac or Linux users in the past.

We need to test further on the testnet before releasing v12.2.5 but good progress has been made.


We are please to announce@everyone that we have tested the latest release on the Mainnet today and have successfully resolved the underlying issue which delayed the next release. We still need some more time to make some more checks but things are moving in the right direction now. I will be migrating our GitHub repository later on today, this means that if anyone is watching/staring our old repo, that they do the same on the new repo. The current release which is 12.2.4a will still be available on there until we give the green light for 12.2.5a.


So block 350,400 will happen tomorrow, we were hoping to get the next release before this block but there are still an issue with the release. We are working through the 900 commits that are in the release to figure out which one is causing the problem.

We will have to hard code the rewards changes into the next reduction amount, the core code is currently set to a 20% reduction,@everyone should expect this to occur and continue until we release the changes. Its important that we get the release right and although its more difficult to adjust the amount later on, its definitely ok do do this after reduction occurs tomorrow.

I will keep you guys informed on how we get on during the week.


ok@everyone, there has been issues on the mainnet with some of the testing of 12.2.5a. So we will have to delay the release until the weekend. Apologies to those that were expecting to update today. Time is against us here, so its unfortunate that we have had problems which centers round the masternode code and Sentinel.

We will either have to rollback the commits and release to an earlier point that we are happy with or see if we can get the expected results tomorrow (Friday). I'll keep everyone informed as to what happens.


OK, so as some of you have noticed we had some website issues over the weekend. This is due to system requirement issues on one of our servers. We have moved the website and Gov explorer on to a new bigger server today as @424221151519309828> had issues with data space for the PoV platform we decided to migrate them. Gov Explorer is still offline but should hopefully be back on tomorrow@everyone.

We are still on track for the release of v12.2.5 on the 28th, again this release is a mainnet upgrade. The PoV system is a separate entity which integrates into the Mainnet and we should be able to share some details on this as soon as its setup on the new server.


Our website is going offline for unscheduled maintenance@everyone, it should be back online within the next few hours.