Topic: [AEON] Aeon Speculation - page 96. (Read 190016 times)

No


It's not a new coin, it was launched about 6 weeks after Monero last year. Nobody is jumping either.


There is no lack of faith. I explained how I view them as having distinct roles. If you don't think this coin has a viable role then don't buy it. If your analysis turns out to be correct the eventually this project will fail, the coin will be abandoned, and Monero will still be there.

can you elaborate on the difference between AEON and BBR pruning?

AFAIK BBR pruning has "the problem" that its not possible to track all coins to its origin and may lead to a scenario that in case of a serious bug its not possible to verify the total coins in an existence (but it could be that i had misunderstand that and its been a while so i'd like to see a trustable statement about it)

So Monero is rubbish now? Its strange to see monero devs or supporters jumping/launching a new coin. Its only shows luck of faith into monero, and it seems as xmr is already a lost cost, so it time to start new coin.

What AEON has that Monero doesn't have:

1. It has a few changes intended to facilitate thin client lightweight wallets, lower end computers, etc. The block time was changed to 4 minutes from 1 minute and the PoW was changed to better support a broad range of mainstream and mobile platforms that don't have multiples of 2 MB of cache. These changes make it possible to sync in approximately 1/10 the time as Monero.

2. There is a pruning branch (beta test release) which reduces storage requirements and also makes them grow much more slowly over time (especially if usage of the coin picks up).

3. There is a solution to cascading anonymity failures which involves viewing this as a statistical process where a limited fraction of low-mix transactions in the overall mix is not problematic. This needs a somewhat better writeup/white paper still.

4. Reference GUI is in development and will probably be released before Monero releases one

How they are related:

1. AEON was originally a fork of Monero

2. The original developer handed it over to me after deciding not to support the project any more

3. I'm a Moenro core team member as well as lead developer of AEON. I approach AEON as being more aggressive in experimentation and focused on developing technologies that facilitate mobile use. Monero is a much bigger project, with more resources and a (in my opinion) a justifiably more conservative and careful focus.

So just curious, I've just been starting to get interested in Monero recently and have been reading up on the threads and gathering some information about them.  So what does AEON do that Monero doesn't? How are these two related? Easiest place to get some would be where?

No just wrote it that way because this is an AEON thread. I'm a Monero guy too.

Curious use of language. Is smooth mainly an AEON guy these days? 

I'm liking the way Aeon's coming together. Watching.

"Money never sleeps"

https://www.youtube.com/watch?v=UDCmNFD18nQ

For me, a non-coder, I spend endless waking hours (and have since 2013) on forums across the Internet reading and analyzing the various communities and personalities within.  
  
I've never been very good with details, so I don't worry about those: I swim in my strengths, taking in lots and lots of seemingly unrelated data and putting it together into a very large social & developmental worldview.  
  
I also think about what makes people tick, from the first innovators to the laggard adopters that are dragged kicking and screaming into the new generation.  
  
I haven't made much money on my time investment - maybe a little on the initial Dogecoin rise.  But I think that's going to change soon.  
  
Because the reward for all the thousands of hours of writing, reading, research and experimentation all tends to come together as exponentially as the price curves of the technology underlying the passion.  
  
Your reward for staying with the cryptocurrency revolution throughout the great winter we have experienced, and for swimming through the muck and shit of the altcoin universe?  Congratulations: you are among the first humans on Earth to know about Cryptonote coins and the next big thing.  
  
Now what you do with that knowledge is your own business but remember that one of the rules is not to just HODL but also BUILD.
  

you guys never sleep.

Of potential relevance to speculation:

I know you have multiple ideas, but focusing on usability for mobile users is one of the things that interests me most about Aeon.

There are some links in the announcement thread to the roadmap and other announcements.

Where to go to read development plans - just the announcement thread? 

I might have a laptop I can throw at the hashpower ...

Developed is a better word than designed, but yes I would agree with that description.

Would a Monero fork designed with mobile users in mind, be a fair assessment?

I speculate that as development progresses so will interest in this coin

Aeon definitely the one to watch for 2016.

If you are interested in acquiring this coin, there is nothing wrong with buying it (and given the chart above the market could certainly use the help) but also please consider mining it and even solo mining. The difficulty is low enough that a desktop can get a block or two a day pretty reliably, a laptop maybe half that.

The PoW is designed to work even on older or slower computers than Monero and the other cryptonotes (though AES-NI is still pretty much necessary, so anything pre-2010 is out, and some really low end later ones don't have it either), so if you have an old computer you aren't using, stick it in the corner and let it mine you some coins.

In addition to some market demand, this coin needs a better mining network since there is currently one guy with a office full of computers or a small botnet mining most of it on minergate. It's obviously not good for security to have that degree of concentration but hard to avoid without growing the hash rate.

Link here added to ANN OP