Mutual betting is widely adopted in gambling and applied to horse racing, greyhound racing and sports betting. Altbet is the first platform that combines this model with blockchain technology, what allows to benefit from the advantages of own cryptocurrency.
In the long-term perspective, Altbet aspires to become world’s leading online mutual betting platform.
We do believe that having the best product / best offer is the key. Our team is planning to offer perfect platform for mutual betting and gambling which will be fully transparent thanks to our custom provably fair system. Altbet platform is and will be one of the kind.
View our website for more detailsAbet is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Abet uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Abet Core is the name of open source software which enables the use of this currency.
| Specification | Descriptor |
|---|---|
| Ticker | ABET |
| Algorithm | QUARK |
| RPC Port | 9322 |
| P2P Port | 8322 |
| Masternode Collateral | 1000 ABET |
| Block Spacing | 120 Seconds |
| PoW Period | nHeight ≤ 500 |
| PoS Period | nHeight ≥ 501 |
| Protocol Support | IPV4, IPV6, TOR, I2P |
| Requirement | Details |
|---|---|
| Confirmations | 120 Blocks |
| Amount | 10 ABET (Per Input) |
| Wallet | Unlocked for Staking |
| Subsidy | Block | Reward | Reward Split | Note |
|---|---|---|---|---|
| SWAP | 501-7200 | 0.25 ABET | 90% MN / 10% POS | 10 days |
| Phase 1 | 7201-72000 | 2.60 ABET | 90% MN / 10% POS | 90 days |
| Phase 2 | 72001-136800 | 2.50 ABET | 90% MN / 10% POS | 90 days |
| Phase 3 | 136801-266400 | 2.40 ABET | 90% MN / 10% POS | 180 days |
| Phase 4 | 266401-396000 | 2.30 ABET | 90% MN / 10% POS | 180 days |
| Phase 5 | 396001-655200 | 2.20 ABET | 90% MN / 10% POS | 360 days |
| Phase 6 | 655201-914400 | 2.10 ABET | 90% MN / 10% POS | 360 days |
| Phase 7 | 914401∞ | 2.00 ABET | 90% MN / 10% POS | 35+ years |
ABET Core is released under the terms of the MIT license. See https://github.com/altbet/abet/blob/master/COPYING for more information or see https://opensource.org/licenses/MIT.
ABET uses components from PIVX Core, which uses components of both Bitcoin and DASH.
