Topic: [ANN] AEON [2019-09-27: Upgrade to version 0.13.0.0 ASAP HF@1146200 Oct 25] - page 202. (Read 625864 times)

yes! This! If money velocity is high (i.e., there are a lot of transactions in a block), that means money is valuable and people are using it, and therefore minimal (to zero) inflation is necessary. If money velocity is low (there are few to little transactions in a block), that means money is \too valuable so people aren't spending it. Of course we're diving headforward into economic theory.... of course here there'd be a maximum inflation rate and a minimum, being 0. Of course the magic number question is then what is the proper velocity of money.

It would be great to see a "smart inflation" of sorts, where the rate of debasement is determined somehow by the transaction volume. This way, the money supply grows in proportion with the network.

I imagine this can be achieved by looking at the average block size or transaction fee over a fixed period and adjusting the block reward accordingly.

 
  
Agreed, even after me attacking the ask stack for two days, we are still only at #82 on the coinmarketcap list.  When you look at the cryptos near us, it's laughable where we stand.  Of course, this is likely a long and multi-year road.  
  
I'd love to hear your thoughts on the tail emission, as smooth has indicated he is amiable to changing to whatever, but the community must come to a consensus on it (and ideally without a lot of fighting).  As for speculation, we should move any further such talk to the speculation topic over on the Altcoin board though: https://bitcointalk.org/index.php?topic=1197508.120

yes same here i see it going it higher but soon to be in 100k sats range

 
  
1% of the initial proposed emission.  This is all that I plan to acquire.  My plan is to hold the vast majority of this until such time that Aeon is either a spendable currency, or worthless.  
  
Regardless, barring some unforeseen emergency, I can't see selling any of this until at least Aeon is worth $1.00 USD each (if that ever occurs). 
 
Other than that, I'm just happy to be on the forefront of money and provide the Aeon with some real-world scarcity and value.

how much aeon do you own

I'd like to bring up the subject of changing the tail Aeon emission.  If I should make a topic about this in the Altcoin section, I can do that.  
  
I agree with Smooth that a fixed number is just as good as any other fixed number.  (0, 1, or infinity principle: https://en.wikipedia.org/wiki/Zero_one_infinity_rule).  Therefore it makes no sense to change Aeon's tail emission to any other fixed number other than Monero's.  
  
My proposal is that we already have a 'zero' tail-emission coin: Bitcoin.  
We also already have a '1' tail-emission coin: Monero.  
  
I suggest we consider making Aeon the first coin to embody the 'infinity' principle.  I am suggesting an inflationary tail emission.  We could either limit it to 1% or some other low number (such as Phi, 1.618%) or ask some mathematicians and economists what they believe the ideal inflation is for a currency intended to encourage spending.  
  
I make this proposal after establishing a large position in Aeon, so that people realize that I am fully willing to be one of the one's primarily affected by the inflationary proposal.  I believe it will allow us to permanently incentivize miners with a pure PoW coin that will always have at least 1% per year to mine so that we don't have to ever worry about miners abandoning our network.  
  
I believe there is a place in a global economy for assets of all three classes: deflationary, disinflationary, and inflationary.  The problem with fiat is not that it is inflationary; it is that its inflation can be adjusted manually to any number with only the consent of a small group at the head of the oligarchy.  If fiat had a perpetual and firm inflation rate it could continue to serve its intended function: to be a spendable currency.  
  
Therefore I propose two things, in addition to using Aeon as a testbed for Cryptonote concepts: we change the tail emission of Aeon to be % that will enable actual (but very slow) inflation of the currency and we create a mission statement that Aeon aims to be a spendable ledger (vs merely a private store of value), and will incorporate new technologies of scale (as they are invented) that enable that purpose.  
  
If you agree or disagree, feel free to make your opinion heard - especially if you are a developer, large miner, or large holder.  If you want to move the inflationary discussion to a separate topic, we can do that too.

for me, you and smooth you are miracle workers.

I don't think that Wolf acts like a magic tablecloth

hey wolf0 can you optimize this miner without dropping support for cuda 2.1 ?

Ah, right. Blows my theory out of the water then

Win 7.

Are you using Windows or Linux?

Only 280x and 270x are mining, CPU is not mining and usage is still 70%, it is not normal.

What OS are you using and what tool is telling you 70%?

It's worth noting, in the Linux Mint that I use, System Monitor %CPU goes all the way up to 800% for CPU usage because I have an 8 core CPU. So if it showed 70% for me, that would be OK.

I'm using a 7950 on Linux Mint Mate 17.2. The current miner gives around 680 H/s, so I've put the latest disconnect code into the original miner which gives me 700+ H/s. Even inside a PC case, with CPU also at 100%, the GPU runs at a cool 59c.


The driver I'm using is fglrx 14.40.1. My config:


I'm mining AEON @ 900 H/s with an AMD FX-8320 at the same time. This drops to ~810 H/s when I start GPU mining at the same time.

Ok,will try it..thx Wolf0

Getting about 695 h/s on r9 280x....but how can get going other cards on rig...4 threads...or add device?
On r9 270x 4gb about 560 h/s

i5-3570k
280x and 270x

windows gpu miner is running for ~10 hours on my pool (var diff) without problems.
if someone can confirm his % of accepted (perhaps my pool or windows build are the reason)

not tested if it's better on mooo's pool and if linux is faster.

cpu usage: 50% with peak at 80-90% every 3 seconds.
platform: win64 and hd7950, pentium g2030