When Aeon was "closed down" and later the exchange was changed from Polo to Trex...were any coins lost?
Not that I know of. Polo kept their wallet and manually handled withdrawals for people even after the delist. They still do afaik.
Topic: [ANN] AEON [2019-09-27: Upgrade to version 0.13.0.0 ASAP HF@1146200 Oct 25] - page 179. (Read 625666 times)
June 01, 2016, 10:04:42 PM
Not that I know of. Polo kept their wallet and manually handled withdrawals for people even after the delist. They still do afaik.
June 01, 2016, 05:40:39 PM
With Bitcoin on the move again, I think cryptos will come in for more attention. Probably we will see new people looking at them too. Aeon has a lot going for it, including a Bittrex listing.
Call me crazy, but when I look at a coin I haven't looked at before the first thing I do is look for a website.
Is anyone else interested getting something going?
Call me crazy, but when I look at a coin I haven't looked at before the first thing I do is look for a website.
Is anyone else interested getting something going?
June 01, 2016, 05:25:17 PM
When Aeon was "closed down" and later the exchange was changed from Polo to Trex...were any coins lost?
May 30, 2016, 01:39:14 AM
So, in a sense, it is much more difficult to mine any significant amounts of AEON's (or Monero or Bytecoin) and that makes them more valuable...in my view.
It is harder to build massive industrial mines yes. Trying to do so puts you at an economic disadvantage relative to millions or billions of people who already have paid-for CPUs (and to a lesser extent GPUs) that are idle part of the time (assuming they also don't have very high electricity rates, so that leaves some out, but plenty have reasonable or low rates).
Botnets are one way that large amounts of coins could potentially be mined by one person or group, but opinions differ on the actual impact and effects.
May 29, 2016, 10:09:58 PM
So, in a sense, it is much more difficult to mine any significant amounts of AEON's (or Monero or Bytecoin) and that makes them more valuable...in my view.
Only a few AEON's (of the total) can be mined per day.
Only a few AEON's (of the total) can be mined per day.
May 29, 2016, 09:47:23 PM
But what about, one Microsoft Cloud, 1 million CPU votes?...is this now defeating the CPU based system?
Are they going to shut down their business to mine a coin?
As far as the algorithm, and economies of scale, ASICs, centralization, etc. well, nobody really knows for sure. It's well enough designed to hold up reasonably well according to its stated purpose for two years, but there are no guarantees. For now, anyone can mine it.
May 29, 2016, 09:27:37 PM
The article https://bitcoinmagazine.com/articles/satoshis-genius-unexpected-ways-in-which-bitcoin-dodged-some-cryptographic-bullet-1382996984 lead me to check on CryptoNote again.
But I'm still curious about the egalitarian mining concept.
I see it's benefits when compared to the giant Bitcoin Farms.
And yet giant gold mining operations lead to better economies of scale.
Is the CryptoNote system comparable in some way to inefficient gold mining? Every man for himself -- with a pick and shovel?
Or are we on new ground here. A monetary (currency) system that is a reflection of a political system? If so, what kind of system?
One man one vote. One CPU, one vote?
But what about, one Microsoft Cloud, 1 million CPU votes?...is this now defeating the CPU based system?
Just wondering if CryptoNote, particularly AEON is a pure-democracy. Where simply, the 51% decide. (Not referencing the 51% Attack.) Or if I'm way off the mark here.
For the layman, these white papers do not clarify this.
In fact, such a clarification might help the cause. (At least for me.)
But I'm still curious about the egalitarian mining concept.
I see it's benefits when compared to the giant Bitcoin Farms.
And yet giant gold mining operations lead to better economies of scale.
Is the CryptoNote system comparable in some way to inefficient gold mining? Every man for himself -- with a pick and shovel?
Or are we on new ground here. A monetary (currency) system that is a reflection of a political system? If so, what kind of system?
One man one vote. One CPU, one vote?
But what about, one Microsoft Cloud, 1 million CPU votes?...is this now defeating the CPU based system?
Just wondering if CryptoNote, particularly AEON is a pure-democracy. Where simply, the 51% decide. (Not referencing the 51% Attack.) Or if I'm way off the mark here.
For the layman, these white papers do not clarify this.
In fact, such a clarification might help the cause. (At least for me.)
May 29, 2016, 05:15:39 PM
Now that I understand the reason behind the number of "atomic units" within the CryptoNote "system," it makes sense.
It's not arbitrary.
Is there a verifiable non-arbitrary reason for the number of "atomic units" in Bitcoin?
It's not arbitrary.
Is there a verifiable non-arbitrary reason for the number of "atomic units" in Bitcoin?
It has been suggested that it was done to avoid problems with floating point rounding, but as far as I know that is speculation and Satoshi never stated this.
Search for "The 21 Million BTC limit" in this article:
https://bitcoinmagazine.com/articles/satoshis-genius-unexpected-ways-in-which-bitcoin-dodged-some-cryptographic-bullet-1382996984
May 29, 2016, 10:38:43 AM
Now that I understand the reason behind the number of "atomic units" within the CryptoNote "system," it makes sense.
It's not arbitrary.
Is there a verifiable non-arbitrary reason for the number of "atomic units" in Bitcoin?
It's not arbitrary.
Is there a verifiable non-arbitrary reason for the number of "atomic units" in Bitcoin?
May 28, 2016, 05:19:15 PM
So the total individual units (values) are 18,400,000,000,000,000,000 or 1.84E19.
Okay.
So the number is a function of the 64 bit integer system? The upper limit of it, so to speak?
Okay.
So the number is a function of the 64 bit integer system? The upper limit of it, so to speak?
Yes that's right. All of the cryptonote coins, regardless of their coin supplies, use the same 64 bit integers to represent "atomic units" internally. The various differences all have to do with how those units are represented in terms of moving the decimal point and so forth.
May 28, 2016, 05:14:06 PM
So the total individual units (values) are 18,400,000,000,000,000,000 or 1.84E19.
Okay.
So the number is a function of the 64 bit integer system? The upper limit of it, so to speak?
Okay.
So the number is a function of the 64 bit integer system? The upper limit of it, so to speak?
May 28, 2016, 09:40:44 AM
For the layman.
18.4e18 is approximately: 58,441,427,315,751,480,000,000 correct?
Sextillion - in American right?
I'm trying to visualize and compare -- wrap my head around it.
18.4e18 is approximately: 58,441,427,315,751,480,000,000 correct?
Sextillion - in American right?
I'm trying to visualize and compare -- wrap my head around it.
No. 18.4e18 = 18.4*10^18 = 18,400,000,000,000,000,000
May 28, 2016, 08:47:17 AM
For the layman.
18.4e18 is approximately: 58,441,427,315,751,480,000,000 correct?
Sextillion - in American right?
I'm trying to visualize and compare -- wrap my head around it.
18.4e18 is approximately: 58,441,427,315,751,480,000,000 correct?
Sextillion - in American right?
I'm trying to visualize and compare -- wrap my head around it.
May 28, 2016, 01:01:54 AM
I think the base unit is the same as Monero, 1e-12. So max supply before perpetual inflation would be 18.4e18 sats, so to speak.
Yes that is right
May 27, 2016, 09:47:31 AM
How many "monetary units" will there be, approximately, when AEON reaches peak mining production?
I realize that there will be a "Max supply: ~18.4 million" and "Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years."
I'm looking for the total number of all SATS so to speak.
Any great mathematicians out there?
Or can someone point me to the answer if it is already floating in the cloud?
I realize that there will be a "Max supply: ~18.4 million" and "Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years."
I'm looking for the total number of all SATS so to speak.
Any great mathematicians out there?
Or can someone point me to the answer if it is already floating in the cloud?
I think the base unit is the same as Monero, 1e-12. So max supply before perpetual inflation would be 18.4e18 sats, so to speak.
May 27, 2016, 06:58:55 AM
How many "monetary units" will there be, approximately, when AEON reaches peak mining production?
I realize that there will be a "Max supply: ~18.4 million" and "Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years."
I'm looking for the total number of all SATS so to speak.
Any great mathematicians out there?
Or can someone point me to the answer if it is already floating in the cloud?
I realize that there will be a "Max supply: ~18.4 million" and "Proposed: minimum maintenance reward of <1%/year for mining incentive starting after approximately 8 years."
I'm looking for the total number of all SATS so to speak.
Any great mathematicians out there?
Or can someone point me to the answer if it is already floating in the cloud?
May 26, 2016, 03:44:38 PM
After reading a lot of Smooth's info over as many months and seeing how he operates, I've decided to throw in with AEON.
And I'd like to report that the transfer speed from Bittrex to my simplewallet was the fastest transfer I've ever experienced, aside from Ripple -- which isn't really a crypto in my book.
It took maybe a second. I'm serious as soon as I hit the enter key it was there.
Great Work AEON.
And I'd like to report that the transfer speed from Bittrex to my simplewallet was the fastest transfer I've ever experienced, aside from Ripple -- which isn't really a crypto in my book.
It took maybe a second. I'm serious as soon as I hit the enter key it was there.
Great Work AEON.
Mr Smooth certainly knows his stuff and I hold a few aeon myself
May 24, 2016, 02:49:26 PM
Cryptopia now listed on coinmarketcap.com.
I wonder if it was the request I filed?
I wonder if it was the request I filed?
May 23, 2016, 10:14:31 PM
When Aeon will be on Poloniex??
I seem to recall that someone had trouble removing their coins from Poly awhile back, but someone helped him/her out. I think it was Smooth who helped. But I could be mistaken.
In any case, this would seem to imply that AEON was on Poly before?
It was. When the original dev abandoned it and interest dried up before I took his place, they deactivated it. They still have the wallet and could reactivate it, but they seem to be in a phase where they aren't adding many coins. Still having been there before and that they already have a wallet may help.
May 23, 2016, 10:07:05 PM
After reading a lot of Smooth's info over as many months and seeing how he operates, I've decided to throw in with AEON.
And I'd like to report that the transfer speed from Bittrex to my simplewallet was the fastest transfer I've ever experienced, aside from Ripple -- which isn't really a crypto in my book.
It took maybe a second. I'm serious as soon as I hit the enter key it was there.
Great Work AEON.
And I'd like to report that the transfer speed from Bittrex to my simplewallet was the fastest transfer I've ever experienced, aside from Ripple -- which isn't really a crypto in my book.
It took maybe a second. I'm serious as soon as I hit the enter key it was there.
Great Work AEON.
Well you mostly got lucky on the transfer. The block time is 4 minutes which makes it faster than BTC but not a transaction speed star.
One of the things I've been thinking about is fast transactions and I have some interesting ideas that seem implementable, so that may improve but I can't promise anything right now.
Anyway, welcome to AEON, happy to answer any questions.
Thanks.
Whatever the reason, I've never seen such speed. The transfer just before that; however, was about at the 4 minute mark.
And I've noted that some have brought up the idea of advertising and so on, but your routine posts are great stuff -- and to me anyway -- great advertising.
The old saying..."If you build it, they will come," seems appropriate.
I think that is one of your strengths -- your posts. Reminds me a bit of the 'underdog.'
By comparison, crypto's like BCN offer highbrow blogs, slow wallets and no spunk.
Monero is good, but slow with that extraneous data carried forever in the blockchain as I think you mentioned. Thus your pruning concepts, that the Boolberry Dev's thought about implementing? seem to help.
And I read the ShadowCash 'debate.' Interesting material. That's how I wound up here. I was looking at the map of coins site and saw AEON - Monero relationship...and that you were the Dev. Dude!
Have a good one.
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