The ABC conjecture states that given any , there is a constant such that

The ABC conjecture is considered one of the most important unsolved problems in number theory, as many results would follow directly from this conjecture. For example, Fermat's Last Theorem could be proved (for sufficiently large exponents) with about one page worth of proof.

Further Reading

The Amazing ABC Conjecture -- an article on the ABC conjecture by Ivars Peterson.

The ABC's of Number Theory -- an article on the ABC conjecture by Noam Elkies. (PDF file)