@smooth. This might interest you and the whole Aeon community should. The vision is still alive hehehe. HTC has developed a new smartphone that can run a bitcoin full node. In any case, funding proposal to update enerc's code? https://github.com/enerc/Aeon-daemonTaiwanese electronics manufacturer HTC has launched its latest blockchain phone, the Exodus 1s, which enables users to support the bitcoin network.
Unveiling the device Saturday at the Lightning Conference in Berlin, the company claimed the new product is the first smartphone to be able to run a full bitcoin node, allowing it to propagate transactions and blocks anywhere.Source https://www.coindesk.com/htcs-latest-blockchain-phone-can-run-a-full-bitcoin-node |
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I rather wait for full node clients to become less taxing on the specifications of my device than to go by what a corporation wants me to use.
I don't want to follow HTC's "truth" of the network state which can change at any time, but go with what thousands of unbiased nodes confirm as truth, which I have been doing for nearly two years now with my full nodes. I'm pretty certain that every person running a node thinks that way. HTC creates a potential attack surface if the owners of the devices don't have the freedom to make any changes.
This is a good development of hardware, however. A kind of development that we in the Aeon community have been waiting for. |
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@Febo. Half of that if on $0.50 hehe. Also, I speculate that Grin's pump on the next bitcoin all time highs might not be as strong as some of the coins, for example Aeon.
Grin might be a slow and stable accumulation of value, I reckon.
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@stadus. A friend of mine has said that if you love statistics and triple doubles, Lebron is for you. However, if you like style, flamboyance and leadership, there is only the one great Michael Jordan hehehe.
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Feel kind of bad watching WEIDMAN go out like this and take such a massive attack from the relatively unknown REYES
REYES thinks he is now the man to beat in the division and will look for the big $$$ vs BONES JONES
But now he is 12-0 with 9 victories before the decision so he is a good candidate to challenge BONES next
Dana should organize a rematch between Thiago Silva versus Jon Jones and include Dominic Reyes versus Jonny Walker as the undercard. The winners of both can fight on the next event hehehe. Which will be Jonny Bones versus Jonny Walker. |
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@hv_. However fungbility in cryptocoins is product of unlinkability and untraceability which is a product of private and anonymous transactions, is it not?
@figmentofmyass. Before the commodity designation, the government can consider all mixed coins dirty?
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Supporting (holding) a coin that goes in a direction that you think is wrong is just stupid, so I'm kindly advising you not to do so (but you're free to ignore my advice). Also, I find it useless or borderline trolling to stir up the ASIC debate here since it's already decided after intense discussions. It's like criticizing Zcash's trusted setup in their forum.
Open sourced projects are constantly criticized and improved on... that’s the point of open source projects... and how exactly am I trolling?? I like AEON because it’s a cryptonote coin that has close ties to monero and I view it as a hedge to Monero. And people come to /r/Monero or on the monero threads here and criticize certain aspects all the time, only to be not censored and debated. I don't think it's stupid to doubt your own wisdom and hedge accordingly. Personally I don't think monero made the right decision with respect to randomx v. sha3, but I didn't dump my monero. There's other factors to consider, such as community, liquidity, history, etc, besides the fact that I may just be flat out wrong. There were more decisions that Monero made that appeared to be in a hurry to have things work and done without foreseeing the longterm effects. A heavier blockchain because of RingCT was one of them. @stoffu. It is not trolling. Some users take more time to accept. However, I support the Monero development team if they want to be the experimental coin for Asic resistance. |
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@elda34b. Agreed!! Also, the regulators, the government and the large corporations that control it has violated our privacy through KYC and declare that they are doing it for our security. We should be secured from them!
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@figmentofmyass. However, how does a commodity designation by the government automatically makes bitcoin a fungible cryptocoin if for example a government ban on a suspected darknet address can make those utxo dirty and cause it to be valued less?
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Kavaliauskas wasn't too convincing in his last outing which ended in a draw by majority decision. But both boxers go into this fight undefeated. Crawford would almost certainly be the favorite to win this bout. But with the strings of surprises we've had this year, he would need to take the gloves off, and prepare adequately for his opponent.
I do not even know who this fighter is hehe. In any case, this is why boxing's popularity is declining. The best are not fighting the best anymore. I reckon only Manny Pacquiao is the only latest boxer that has taken that challenge in 8 different weight divisions. |
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i'm not sure what constitutes the first "successful" ICO but NXT ran one in september 2013. it was fairly groundbreaking at the time and probably inspired the ethereum developers to launch theirs. https://bitcointalk.org/index.php?topic=303898.0I don't really like CFTC's sorting of the coins, I think bitcoin needs to be in its own section, but what you are saying does make sense.
the commodity designation is a good thing---it implies fungibility. How does the commodity designation imply fungibility? A coin is only fungible if the transactions cannot be connected or traced together which can only be a product of anonymous and private transactions. |
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Similar to how Ricciardo Spagni lost all his private keys in a boating accident hehehe? Also, americanpegasus lives in America. She will have taxes to pay if she was not broke and if she was broke, she will not leave cryptospace. She might be living a simple life that she wants with a big secret bag of cryptocoins. |
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@stoffu. How is everyone on /r/Aeon taking the new asic friendly Aeon? Is this why we are dumped under $0.25? Are some of them selling and leaving hehe?
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Where is this thead's bump button. Thread is back on the 6th page hehehe.
I speculate that Grin $0.50 might happen by next month. It might also be dumped below it and might stay there for a long time until demand increases.
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My question to all is when we will expect first ASICs being build to mine AEON and how much after that will be for sale for everyone to buy?
ASIC can't generate more coins than allowed by protocol. The number of coins will be the same. And of course nobody gonna build ASIC for a coin with 2mm market cap. If AEON cap will increase to 100-200mm manufacturers will consider building one. By saying that I like ASIC friendliness I mean finally there is no wild goose chase for dumb ASIC resistance. It was a valid goose chase and still is for some projects. You have to try something out first and if it does not work, try something different. If monero devs (and others) didn’t try asic resistance, nobody would have known if it indeed was possible or not. It is not possible right now with technical design capabilities. Maybe it will be some day but it’s not worth it to spend development money and time fighting something that is designed to do what your project is doing 24/7 anyway. I disagree. A quote from the first paragraph of the CryptoNote whitepaper Section 5 (Egalitarian Proof-of-work): Our primary goal is to close the gap between CPU (majority) and GPU/FPGA/ASIC (minority) miners. It is appropriate that some users can have a certain advantage over others, but their investments should grow at least linearly with the power. More generally, producing special-purpose devices has to be as less profitable as possible.
I didn't find anything wrong here when I saw it the first time, but on hindsight I find it fundamentally flawed; mining will/should be one of the most important tasks to humanity at large if the currency were to serve globally, and hence trying to make the process more efficient is just the nature of human and free market. ASIC resistance means to ban all such attempts and to change the algorithm when the current attempt fails. If Monero developers continue to be caught up in many flawed mantra in CryptoNote whitepaper, it is doomed to fail. Also, Monero's blockchain is very hard to download after the RingCT upgrade. How large would it be after 5 years? @everyone. Where is americanpegasus? We need her back to say her famous words about Monero on $0.25 for Aeon hehehe. |
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@bigslimvdub. Thrifyminnow's guide as mentioned by esternity.
In any case, I am running the latest client. I do not turn my node on 24 hours a day anymore, however. Does anyone know a list of public nodes? In case I need to be in a hurry sending Aeon on Bittrex hehe.
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@bustedsynx. That is what Grin's monetary policy and design was created to fix. I am not telling you that it is the best solution, however. But it appears that it might be a contender.
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Everyone might not have understood what is happening or what my comment on the article was saying. What occured might be the beginning of a form of failure by the SEC to regulate the industries and end up with the industries dominating the SEC.
Why was EOS asked to pay a fee to continue operating while Telegram was sued?
EOS ICO was already finished while TON is ongoing so I believe they sue them to stop the ongoing ICO. They can never revert back what's already done by EOS tho. By the time EOS launch there ICO, SEC role on crypto is not yet fully established compare on current condition which they have full authority on handling ICO. Is that how the SEC should allow or disallow ICOs? They should be consistent. If any ICO cannot pass the howey test, they should stop it. I reckon that they should give Telegram a similar treatment they gave EOS which they left alone to collect more than $1 billion for 1 year or sue all of them. Consistency. Read this very good article. The complaint (PDF) is thirty-one pages. It has the sort of listing of facts and legal rationale that I was surprised not to see in the recent settlement with EOS.
The SEC investigated thoroughly, and spoke to both Telegram and multiple investors in Grams. The complaint’s riveting just as journalism — though the SEC has rather greater powers of fact-finding than most journalists.
The Howey test is simple, straightforward and broad — “a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party.”
The SEC’s argument that the Grams themselves are securities is that “the Initial Purchasers and subsequent investors expect to profit from Telegram’s work.”
Telegram repeatedly emphasised their own role, and the expertise of Pavel and Nikolai Durov, in making money for the initial purchasers.
If Telegram builds the promised functionality, the investors who bought billions of Grams cheap will profit:
… they will be able to resell billions of Grams on the open market to the investing public. Telegram and/or its affiliates will facilitate these sales on digital-asset trading platforms. Once these resales occur, Telegram will have completed its unregistered offering with billions of Grams trading on multiple platforms to a dispersed group of investors.
Telegram sold the tokens to accredited investors — i.e., rich enough to know better — and duly filed exemptions from registration as a security, as restricted offerings under Regulation D section 506(c). This is fine.
But it’s one thing to run a restricted offering to a hundred or so accredited investors — it’s quite another to disperse what you sold to any number of non-accredited retail buyers, so that the investors can profit:
Defendants essentially seek to obtain the benefits of a registered public offering without assuming the disclosure responsibilities and legal strictures designed to protect the investing public.
You may remember that puzzling September blog post from Coinbase, listing all the *cough* minor altcoins that they’re looking to list. Who cares about all these near-dead altcoins, anyway?
It turns out it was a push by the crypto venture capitalists who bought large piles of the coins cheap — because they’d really like to offload their coins onto retail suckers.Read in full https://davidgerard.co.uk/blockchain/2019/10/13/sec-blocks-the-telegram-ico-what-this-means-and-what-happens-now/ |
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@AlecMe. Can you explain join later and make more?
Grin's monetary supply discourages early whales that cause an influence on the supply. It also encourages wider distribution and a more stable price.
How would joining later, make more occur? If it would, it would be occuring under a stable price and less influential whales.
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Last month, Tom Lee has said that bitcoin tends to follow the S&P500. This news article might be good news for him and us hehehe. The Federal Reserve will begin buying $60b of treasury bills every month. This will pump more money in the American economy to spend and invest which will also have a positive effect on the S&P500. The New York Fed’s open markets desk will “purchase Treasury bills at an initial pace of approximately $60 billion per month, starting with the period from mid-October to mid-November,” according to a statement. The Fed said purchases of Treasury bills will extend “at least into the second quarter of next year,” leaving open the possibility of a change in the pace and duration of purchases.Source https://pbn.com/fed-to-start-buying-60b-of-treasury-bills-a-month-from-oct-15/ |
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