Holy bloody crap:
https://www.youtube.com/watch?v=tD4q3leE5Uw .
So let's sum up all the info we have until now.
So the wallet is unstable, and using it may lead to major financial losses?! Doesn't' that means that any miner could be affected. We are talking about a regular shell wallet, where all the payments from the pools are coming.
I would read this like, "Stop mining and sell all your coins ASAP"
Use your own judgment and guestimates/hypotheses about the potential consequences of pursuing any course of action or inaction.
1. 51% attack, No Comment. 50/50 chance that it happened, the dev couldn't be trusted on this one.
What is the evidence for your speculative assertion? If I understand your claim properiy (not a given) 51% of the miners hijacked Aeon somehow with some nefarious scheme or cabal and this coin supposedly isn't sound subsequent to this supposed event. How does one begin to survey the total user-base of Aeon to see whether they are up to such hijinks? Please go back to your conspiracy-theory websites/memes and leave the rational people to carry on with legitimate and actually meaningful matters.
2. BotNet - well, after the huge coin drops it became unprofitable even for botnet to savage on AEON, so they switched to SumoCoin and BitCoal
Perhaps that's the case, I've mined some Sumo myself for approximately a month now (as I appreciate some of the Cryptonote-based coins generally). However it seems that Botnets have infested Sumokoin mining lately too -- perhaps that's a function of XMR having come down in US dollar terms lately -- so this is somewhat of a [https://en.wikipedia.org/wiki/Red_herring] .
What is your agenda and why are you bothering people who are interested in Aeon? Circumstances and people's viewpoints can be complex.
Diversification is perhaps a good idea after all. (For more depth or breadth please consider some of the work of Karl Popper such as his book _The Open Society and Its Enemies_ or the writings of his acolyte George Soros for some justification regarding the idea that perhaps we don't have all the answers -- despite sometimes thinking this to be the case. Robert Anton Wilson and Carl Jung are also worth a peruse.)
3. The current hash rate - sets the fair price around 0.00010-0.00013K
I've done my share of undergraduate math personally (3 semesters of calculus, vector/tensor calculus, linear optimization, number theory, differential equations, partial differential equations/boundary value problems, discrete math, complex variables) and a fair amount of engineering (Fourier and state-space systems analysis, and control systems analysis such as root locus and frequency response techniques). I'd be very delighted to see you attempt to detail your valuation or "fair price" calculations. Nevertheless, I happen to agree with the Austrian-school, truly /laissez-faire/ viewpoint (see Ludwig von Mises, Murray Rothbard, and [to a certain extent] Hayek and Bastiat) that valuations are entirely subjective and market prices are only stochastic summations of the perceived valuations of individuals and not something that can be apodictically-derived. Valuations and market prices are complex phenomena that can be modeled better with more astute but still variable/inexact techniques such as Bayes Theoerem than with the Keynesian or Monetarist analysis more favored by central-bankers or statists (
https://en.wikipedia.org/wiki/Statism) or investment analysts of dubious qualification or over-specialization.
4. The dev is in silent mode, watching how his coin is destroyed all over again.
I don't think the evidence would indicate that -- again one might ponder what the underlying motivation of your claim really is. Even supposing that Smooth decided, on his on volition and using his right to conduct his affairs as he wills, to direct his energy elsewhere: the coin /in itself/ or in its potential has some value that you are neglecting to consider.
Some aspects of your questions or petty-tyrant-like demands below are interesting though, (although the timing in 4b is IMO rather tedious/boring and ridiculous -- I don't personally care overmuch about the particular timeframe so long as the functionaiity is there within say... three months, six months, a year or two. I'm willing to wait for things to take the time that they might need to -- other people maybe aren't so patient. So what? Move on, make your own coin, whatever... it doesn't matter much to me or probably to others.). The pusillanimous guilt-trip that you're trying to lay [in question 4 below] about people putatively investing tens of thousands of dollars forces me to cite the Latin expression "caveat emptor" (buyer beware). As with any investment, one probably shouldn't bet more than 5% of one's net worth on any one horse and more than 10-15% on any particular sector (such as cryptocurrency or type of stock). I personally like some physical (non-exchange traded or pooled) gold and silver bullion allocation myself as it's kryptonite to the other-people's-business-minders currently driving the world's financial system to debt-slavery or default through credit-creation and fractional-reserve banking (but to each his/her own).
Questions:
1. Smooth, could you tell us is it safe to use the wallet to store huge amount of coins and receive payment from the pools?
2. Smooth, could you tell us, when approximately the new code would be released?
3. Could you tell us, why you told the exchanges to lock the wallet, but didn't warn the miners that it could be dangerous to use it?
4. Smooth people trusted in AEON because of your reputation, some of us invested tens of thousand of dollars in it, I get it you don't care about the price and the market at all. but at least be honest, don't remain silent and tell us what to expect with actual info, not some vague excuses.
At least answer this question, do you think the wallet would be fixed it 1 month from now?
Are you still actively working on the project, and recommend to mine it, as you believe, there is a future to AEON?