What is Abelian?
Symbol: ABEL · Market cap rank: #1253
Short answer
Abelian (ABEL) is a cryptocurrency currently ranked #1253 by market capitalisation.
Source: isthiscoinascam.com
Overview
Abelian is a Layer 1 blockchain established in 2022, focusing on quantum resistance and privacy. Its cryptographic systems are designed to withstand potential future attacks from quantum computers. The native privacy coin, ABEL, supports various privacy levels, including full privacy, accountable privacy, and pseudonymous transactions. Abelian utilizes lattice-based post-quantum cryptography, specifically CRYSTALS-Dilithium and Kyber, which are recognized standards by the US National Institute of Standards and Technology.
The project plans to become open-source by the end of 2023 and is expected to transition from Proof of Work to Proof of Stake by the end of 2024. Abelian's governance model and use cases include serving as a store of value and gas for transactions within its ecosystem. The total supply cap is not specified in the provided information.
Scam-risk analysis
Abelian has a low score, indicating elevated scam risk based on the available data. Is Abelian a scam?
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