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Topic: [ANN] AEON [2019-09-27: Upgrade to version 0.13.0.0 ASAP HF@1146200 Oct 25] - page 57. (Read 625768 times)

eeX
hero member
Activity: 961
Merit: 500
Soldo.IN [SLD]
What's wrong with using Bittrex hehehe? Wink
Price probably?
But size for sure - Bittrex have 130K and Hitbtc 150K only.
legendary
Activity: 3122
Merit: 1492
Hi guys!

My principal wanna buy 100K AEON off-exchange.
PM me with your ask price.

Thanks.

Best to contact smooth, americanpegasus here on bitcointalk/katiecharms in /r/aeon on Reddit and maybe sammy007. They may or may not sell that much coins but they might be able to point you to people who could.

What's wrong with using Bittrex hehehe? Wink
eeX
hero member
Activity: 961
Merit: 500
Soldo.IN [SLD]

Hey! Can me please, what advantages will I get if I have the tokens of your project?


AEON is real hard-mined coin.
Ask about hollow tokens at another places.
eeX
hero member
Activity: 961
Merit: 500
Soldo.IN [SLD]
Hi guys!

My principal wanna buy 100K AEON off-exchange.
PM me with your ask price.

Thanks.
member
Activity: 180
Merit: 10
https://twitter.com/3Hiyatus
Hi

Is it possible to make aeond use swap?
I'm asking because my computer runs out of ram and freezes.
How much ram is required atm?

Thank you
legendary
Activity: 2968
Merit: 1198
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.


What are the Monero development team's thoughts on when ASICs, or more specifically Bitmain, started entering the Cryptonote mining space? Do you reckon that it might be longer than 3 months including testing?

Bitmain might have started mining XMR on November 2017 while tests started on July of the same year.

https://bitinfocharts.com/comparison/hashrate-xmr.html

Some of those hash rate change are likely natural, due to price changes.

The best indicator is probably to look at profitability or some variant thereof. We can see that starting in early 2018 or possibly late 2017, profitability started a decline to lows not seen since 2016. That was probably due to ASICs starting to capture most of the hash rate, though when they started at a low hash rate share is impossible to say.

Here an analysis from Monero core team member ArticMine. https://www.reddit.com/r/Monero/comments/8al8tm/considering_that_a_sizeable_amount_must_have_not/dwzxdj6/

legendary
Activity: 3122
Merit: 1492
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.


What are the Monero development team's thoughts on when ASICs, or more specifically Bitmain, started entering the Cryptonote mining space? Do you reckon that it might be longer than 3 months including testing?

Bitmain might have started mining XMR on November 2017 while tests started on July of the same year.

https://bitinfocharts.com/comparison/hashrate-xmr.html
sr. member
Activity: 1246
Merit: 274
I imagine that the network hashrate will drop significantly, but I personally don't think it will be as large of a percentage as it was for Monero. In any case I am looking forward to the rebase and fork in equal measure.
legendary
Activity: 2968
Merit: 1198
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.
hero member
Activity: 714
Merit: 529
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.

More likely it is higher price that leads to higher hashpower

Agreed, but this is a closed circle: high price attracts miners => complexity increases => production costs are increasing => reduced supply at current price => a market price rises.

This rule works for any POW-mining coins.
full member
Activity: 391
Merit: 105
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero lost more than that. They dropped almost and entire Gigahash from the network. A fricken gigahash!
pa
hero member
Activity: 528
Merit: 501
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.

More likely it is higher price that leads to higher hashpower
hero member
Activity: 714
Merit: 529
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.
legendary
Activity: 3122
Merit: 1492
@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe
hero member
Activity: 1924
Merit: 538

Hey team.I may be interested in seeing the progress of the project and looking this ICO success. Project indeed cool, let's see how the team in the project can make this ICO run smoothly.


there is not any ICO there, but an important code rebase, showing a big progress.
newbie
Activity: 102
Merit: 0
Wow, this is a very big project Smiley
legendary
Activity: 3122
Merit: 1492
Thank you for the indepth reply. Ok, it was nothing but FUD after all. Maybe I was too quick to judge the Monerotard hehehe. But these days, calling FUD without any explanation why has already become so annoying. It shows that some people treat a cryptocoin like their religion. That should stop, it is not healthy hehe.

In any case, I am happy that all issues are fixed. Thank you.
legendary
Activity: 2968
Merit: 1198
@smooth. I am sure that you have already read this whitepaper on Monero's traceability.

https://arxiv.org/pdf/1704.04299/

I went to the Monero subreddit and what I saw was some Monerotards calling FUD quickly without properly thinking about how this seriously affects Cryptonote coins.

Can you give us your thoughts on the situation and how that affects Aeon? Would a simple sub addresses feature help?

A subaddress feature does not directly address any of the issues in the paper however it is still useful for some privacy enhancing use cases outside the scope of the paper.

The paper itself is a slightly-modified rerelease of the same one that was released last year. Both were and are heavily backed and promoted by Zcash supporters and can't in any way be considered as objective third party analysis. While some of the findings are legitimate, a lot of framing and promotion of the paper is actually very misleading (whether you want to call that "FUD" is a personal choice but I don't find it to be a terribly inaccurate label).

For example, there are many tweets etc. repeating the talking point that X% (some high number, various different numbers have appeared) of Monero transactions were found to be traceable, rarely is it explained in these attention grabbers that even the paper itself explains (if you read the whole thing) that:

1. Older versions of Monero, 2016 or earlier have some high number of traceable outputs.
2. More recent versions have essentially 0% traceable outputs.
3. Newer data from 2017 and 2018 is excluded from consideration by the paper at all, skewing the total percentages a lot higher.
4. That the paper horribly conflates percentages of actual traceability and percentages derived from heuristic guesses that skew probabilities somewhat (and even that is mitigated in recent versions) but aren't able to trace any transactions at all.

AEON is similar to Monero post-2016 but pre-RingCT (and before other mitigations, some of which will arrive with the rebase), so somewhere in between. There is some degree of traceability but nowhere near as bad as the earlier Monero versions with unlimited (and large majority in practice) 0-mixin transactions.

Users can best protect themselves by performing some degree of churn (resend to self, preferably with unpredictable delays) in high risk situations. This is especially effective in AEON since the transaction fees are much lower than Monero (post-RingCT), making churn relatively inexpensive.
hero member
Activity: 1924
Merit: 538
@smooth. I am sure that you have already read this whitepaper on Monero's traceability.

https://arxiv.org/pdf/1704.04299/

I went to the Monero subreddit and what I saw was some Monerotards calling FUD quickly without properly thinking about how this seriously affects Cryptonote coins.

Can you give us your thoughts on the situation and how that affects Aeon? Would a simple sub addresses feature help?

@bbc.reporter,shifting to reddit and whatsapp is a general present phenomenon, evidenced by audience studies, as well as facebook decay.

so i agree (with you,I think), that it is important to keep bitcointalk alive.
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