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Author Topic: [AEON] Aeon Speculation  (Read 180684 times)
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June 06, 2017, 08:06:45 PM
 #1081


Nothing. It just wants to follow big brother Monero.

Still strong!  Apologies for my ignorance, is it literally attached to the Monero stock price?  Or just when the price rises speculators will also get Aeon as its Monero's little brother?

Smooth is the dev for Aeon and one of the core monero devs as well. So I guess its technology is tied directly with monero.

 I wonder if there is an Aeon roadmap for future development.

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June 07, 2017, 07:38:14 AM
 #1082

Roadmap

First, PoS is feasible but not in the short term. There are no other working implementations of cryptonote PoS yet, and developing one is beyond the resources available to this project right now. The only exception to that is the DPoS in XPB, which somewhat different from regular PoS, and not something I would like to pursue. Once there are open source implementations of cryptonote PoS we can consider adopting one. I lean toward a PoW+PoS hybrid that slowly tends toward PoS over time.

Second, the direction I would like to go is toward with this coin is to experiment with a lighter-weight variation of cryptonote that will be friendlier as a payment system for smartphones and other mobile devices. This requires initially some small tweaks and later significant blockchain improvements:

1. Mobile-friendly PoW (CryptoNight Lite). The current PoW is not ideal for smaller devices because the 2MB scratchpad is too large for the cache size on most mobile and lower-end desktop/laptop CPUs. A tweak to use a 1 MB scratchpad would allow it to run efficiently on lower end CPUs including some mobile processors as well as much better performance on mainstream desktops/laptops. Credit for this idea goes to the Louisd'or project (crypto_zoidberg and doe1138), although they didn't clearly explain the benefits of it.

2. Increased block time for fast syncing. The block time determines the number of blocks (or headers) that need to downloaded for syncing on a lightweight client, and in addition, most AEON blocks are currently empty, which is creating wasteful bloat. Finally, all cryptonote coins have higher verification costs compared with BTC forks which leads to more orphans. Instead we should use a 4 minute blocktime, which will reduce sync time by a factor of four, and reduce orphans to a minimum. Coupled with #1 we should improve sync time on lower end devices by at least 10x. Per-block rewards will be increased by 4x to maintain the same emission schedule.

3. Signature trimming for SPV-like clients. a) tweak the transaction format using a variation of the techniques from BBR. b) add a flag to the p2p to allow lightweight clients to not download and verify signatures. They would rely on miners to maintain the integrity of the blockchain, as with SPV wallets. Full nodes will continue to store the entire chain with all signatures.

4. Blockchain pruning for scalability. I propose to expire parts of the chain altogether. After some period of time unspent coins would become unspendable and could be pruned. This will allow the blockchain to stay small forever, and not outgrow small devices. Wallets will need to automatically respend coins that are approaching the expiration window back to the same wallet, or at least recommend that the user do so. There will be a longer grandfather period for existing coins but eventually they too would expire. A way of doing long-term (but not infinite) cold storage with a prepaid storage fee may be added later (likely along with multisig). This will also improve anonymity by reducing age-based attacks.

5. Multisig and payment channels for escrow, contracts and instant payments. Cryptonote coins currently rely on a very lightweight hard-coded scripting system that makes transactions very small, easy to verify, and more secure than full-fledged scripts. I would like to maintain that lightweight system, but add a few more hard-coded cases as required for multisig (escrow, and some forms of contracts) and payment channels (trustless instant payments). This will also require a tool set (library and applications) for implementing the real-time components of payment channels.

Roadmap (schedule target, subject to change according to available resources)

1,2. Tweaked PoW, blocktime (1 week)
2.1. Cryptonote GUI wallet integration (*)
3. Signature trimming  (1-2 month*)
4. Blockchain pruning (3-4 months*)
5. Multisig and payment channels (6 months*)

* subject to evaluation of wallet integration task

Also (planned but no specific schedule)

A. 32-bit and ARM support
B. Database or collection swapping (low memory footprint)

Although my interests are primarily in the area of blockchain technology and experimental improvements to the cryptonote protocol, I invite others to join the project and work on other items such as a GUI wallet (though we can likely adapt existing GUI wallets from other cyptonote coins), mobile wallets, marketing, etc.

I have created a new donation address for the project. The amount of donations received will have some influence on the pace of work, largely because it allows me to gauge the interest of the community in a credible way, and I'm less interested in working on something that no one cares about.

Code:
Generated new wallet: WmsSWgtT1JPg5e3cK41hKXSHVpKW7e47bjgiKmWZkYrhSS5LhRemNyqayaSBtAQ6517eo5PtH9wxHVmM78JDZSUu2W8PqRiNs
view key: 71bf19a7348ede17fa487167710dac401ef1556851bfd36b76040facf051630b

EDIT: Added 32-bit and ARM support, low memory

EDIT: Added cryptonote GUI wallet integration

I don't know if that still holds true. Smooth has been developing and maintaining it single handed.

It's also funny seeing Aeon barely having any volume on Bittrex while the scam Bytecoin is enjoying the life in the top 10 at coinmarketcap and having good liquidity in Poloniex.

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June 07, 2017, 03:23:15 PM
 #1083

It's also funny seeing Aeon barely having any volume on Bittrex while the scam Bytecoin is enjoying the life in the top 10 at coinmarketcap and having good liquidity in Poloniex.

Completely agree.  Purely speculation but I believe the Poloniex team just bought up as much Bytecoin as they possibly could then introduced it to their marketplace.  Why not?  I would, lol
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June 07, 2017, 05:20:54 PM
 #1084

It's also funny seeing Aeon barely having any volume on Bittrex while the scam Bytecoin is enjoying the life in the top 10 at coinmarketcap and having good liquidity in Poloniex.

Completely agree.  Purely speculation but I believe the Poloniex team just bought up as much Bytecoin as they possibly could then introduced it to their marketplace.  Why not?  I would, lol

Bytecoin has been on Poloniex since '14.  Anyone could buy all they wanted for 1-9 satoshis for months at a time.
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June 08, 2017, 02:07:32 AM
Last edit: June 08, 2017, 10:03:47 AM by bbc.reporter
 #1085

That is true. But why did Poloniex decide to list BCN and have not taken a look at Aeon? BCN was known for cheating the community for its quickmine and they have faked their timestamps by making it appear that it started mining on 2012. There was also a fake story about it being a secret currency used in the darknet.

Who are the developers of BCN now?

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June 08, 2017, 03:41:01 AM
 #1086

That is true. But why did Poloniex decide to list BCN and have not taken a look at Aeon? BCN was known for cheating the community for its mine and they have faked their timestamps by making it appear that it started mining on 2012. There was also a fake story about it being a secret currency used in the darknet.

Who are the developers of BCN now?

You know, this has always been a concern of mine... at the Monero NYC Meetup not too long ago, Surae brought up something that I have been wondering about now since then; and that is, if we got this new awesome crypto algorithm from Bytecoin that we are basing everything on and not Bitcoin's... then how much can we trust it?

That is a very rough paraphrase there, but that's what he was basically saying and he said he was going to look into it in his research at the Monero Research Lab.

I know this doesn't answer your question, lol... sorry. Just was curious if anyone knew any more about that?


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June 08, 2017, 04:34:08 AM
 #1087

That is true. But why did Poloniex decide to list BCN and have not taken a look at Aeon? BCN was known for cheating the community for its mine and they have faked their timestamps by making it appear that it started mining on 2012. There was also a fake story about it being a secret currency used in the darknet.

Who are the developers of BCN now?

AEON was listed on Poloniex for a year or more. BCN and Monero were listed at the same time I believe, or very closely in late spring of 2014. Aeon was listed not long after with many other cryptonotes such as BBR, XDN, FCN, QZC, Moneta Verde (I think), Pebblecoin, and probably others I'm forgetting. After a while most were delisted for lack of volume or other issues and only BCN and XMR remain.
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June 08, 2017, 04:41:09 AM
 #1088

That is true. But why did Poloniex decide to list BCN and have not taken a look at Aeon? BCN was known for cheating the community for its mine and they have faked their timestamps by making it appear that it started mining on 2012. There was also a fake story about it being a secret currency used in the darknet.

Who are the developers of BCN now?

You know, this has always been a concern of mine... at the Monero NYC Meetup not too long ago, Surae brought up something that I have been wondering about now since then; and that is, if we got this new awesome crypto algorithm from Bytecoin that we are basing everything on and not Bitcoin's... then how much can we trust it?

That is a very rough paraphrase there, but that's what he was basically saying and he said he was going to look into it in his research at the Monero Research Lab.

I know this doesn't answer your question, lol... sorry. Just was curious if anyone knew any more about that?

This has been a persistent concern of mine since the very beginning of my relationship with Monero.

I am very glad Surae is chasing this...
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June 08, 2017, 07:25:26 AM
 #1089


Hello. Not $5 per AEON yet? Okay, going back to bed.
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June 08, 2017, 10:52:43 AM
 #1090

Bytecoin has been on Poloniex since '14.  Anyone could buy all they wanted for 1-9 satoshis for months at a time.

Apologies!  Wasn't aware of that fact, cheers for the info.

You know, this has always been a concern of mine... at the Monero NYC Meetup not too long ago, Surae brought up something that I have been wondering about now since then; and that is, if we got this new awesome crypto algorithm from Bytecoin that we are basing everything on and not Bitcoin's... then how much can we trust it?

That is a very rough paraphrase there, but that's what he was basically saying and he said he was going to look into it in his research at the Monero Research Lab.

I know this doesn't answer your question, lol... sorry. Just was curious if anyone knew any more about that?

This is a legitimate concern, never even thought about that.  The Monero developers are a very smart team it seems, let's hope they will quickly spot any security threats.
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June 08, 2017, 01:08:53 PM
 #1091


Hello. Not $5 per AEON yet? Okay, going back to bed.


LOL
I am surprised with AEON surge,... the slop looks promising.
It seems it will have surprise.
At the end of the year the AEON will be different
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June 08, 2017, 03:02:16 PM
Last edit: June 10, 2017, 03:01:33 PM by Febo
 #1092

AEON Fish species:

0.) Cthulhu                          (200 000+ AEON)
1.) Leviathan                       (100 000+ AEON)
2.) Blue whale                       (60 000+ AEON)
3.) Orca                                (40 000+ AEON)
4.) Narwhal                           (20 000+ AEON)
5.) Dolphin                            (10 000+ AEON)
6.) Shark                                (5 000+ AEON)
7.) Black Marlin                       (2 000+ AEON)
8.) Wels catfish                       (1 000+ AEON)
9.) Tuna                                   ( 500+ AEON)
10.) Electric eel                          (200+ AEON)
11.) Norwegian Delicious Salmon (100+ AEON)
12.) Gadidae                                (50+ AEON)
13.) Salmonidae                           (20+ AEON)
14.) Gilt-head bream                    (10+ AEON)
15.) Atlantic mackerel                    (5+ AEON)
16.) Herring                                  (2+ AEON)
17.) Goldfish                                 (1+ AEON)


Become a Tuna in Monero is quite costly nowadays, but to be an AEON Tuna is still quite affordable.  Levithans needs to sell their coins so everyone can afford them.

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June 08, 2017, 03:12:48 PM
 #1093

AEON Fish species:

0.)  Leviathan                      (100 000+ XMR)
1.)  Whale                             (40 000+ XMR)
2.)  Pocketwhale                    (20 000+ XMR)
3.)  Dolphin                           (10 000+ XMR)
4.)  Shark                               (5 000+ XMR)
5.)  Black Marlin                      (2 000+ XMR)
6.)  Tuna                                 (1000+ XMR)
7.)  Norwegian Delicious Salmon (300+ XMR)
8.)  Gadidae                              (100+ XMR)
9.)  Atlantic mackerel                   (30+ XMR)
10.) Herring                                (10+ XMR)
11.) Goldfish                                 (1+ XMR)


Become a Tuna in Monero is quite costly nowadays, but to be an AEON Tuna is still quite affordable.  Levithans needs to sell their coins so everyone can afford them.

Tunahead doesn't really quite roll of the tongue as nicely... and Goldphish is at a lame 1-9.99 Aeon net worth... hmmmm..  Undecided


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"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016

"Don't buy Monero, join our new ICO: 'The Monero Enterprise Alliance"  fluffypony:  May 24th, 2017
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June 08, 2017, 10:02:38 PM
 #1094

$0.635875 (8.71%) - price is holding steady
bbc.reporter
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June 09, 2017, 01:23:22 AM
 #1095

That is true. But why did Poloniex decide to list BCN and have not taken a look at Aeon? BCN was known for cheating the community for its mine and they have faked their timestamps by making it appear that it started mining on 2012. There was also a fake story about it being a secret currency used in the darknet.

Who are the developers of BCN now?

You know, this has always been a concern of mine... at the Monero NYC Meetup not too long ago, Surae brought up something that I have been wondering about now since then; and that is, if we got this new awesome crypto algorithm from Bytecoin that we are basing everything on and not Bitcoin's... then how much can we trust it?

That is a very rough paraphrase there, but that's what he was basically saying and he said he was going to look into it in his research at the Monero Research Lab.

I know this doesn't answer your question, lol... sorry. Just was curious if anyone knew any more about that?

Is cryptonote invented by the same developers who created Bytecoin? I do not know the full history of cryptonote and it would be nice to be given some URLs of articles about its story and how it came to be. Thank you.

Also, what are the updates on Surae's concerns?

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stoffu
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June 09, 2017, 03:04:48 AM
 #1096


Is cryptonote invented by the same developers who created Bytecoin? I do not know the full history of cryptonote and it would be nice to be given some URLs of articles about its story and how it came to be. Thank you.


It seems otherwise; the original creator of CryptoNote actively encouraged forking, so probably people behind CryptoNote and Bytecoin are different.

https://bitcointalk.org/index.php?topic=512747.msg6135077#msg6135077

There's a series of posts on Reddit summarizing the history of Bytecoin and Monero (the above post was cited in Part I):
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June 09, 2017, 11:38:21 AM
 #1097

Is cryptonote invented by the same developers who created Bytecoin? I do not know the full history of cryptonote and it would be nice to be given some URLs of articles about its story and how it came to be. Thank you.

Also, what are the updates on Surae's concerns?

Would be very interested to hear cAPSLOCK & phishead's thoughts on this.
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June 09, 2017, 12:50:31 PM
 #1098


Is cryptonote invented by the same developers who created Bytecoin? I do not know the full history of cryptonote and it would be nice to be given some URLs of articles about its story and how it came to be. Thank you.

Also, what are the updates on Surae's concerns?

As I know and what i know i got from Cyptonote forum.  There was a group that worked on cryptonote test coins. They worked some time. They did it for a research and did not wanted to make a real use coin and have financial gain.  Part of them did not agree with them and latter split and started Bytecoin. The other part stayed on cryptonote and researched it further. They also replied in 2014 on cryptonote forum to all that come there for help when starting their cryptonote coins.   So yes bytecoin developers are the one that was part of cryptonote inventors, but not solely. How big was their influence i have no slight idea. maybe 50% maybe 1%.


Who are the developers of BCN now?

Is it still developed? When i last check their forum was no news for like a 2 years.

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June 09, 2017, 07:23:26 PM
 #1099

As I know and what i know i got from Cyptonote forum.  There was a group that worked on cryptonote test coins. They worked some time. They did it for a research and did not wanted to make a real use coin and have financial gain.  Part of them did not agree with them and latter split and started Bytecoin. The other part stayed on cryptonote and researched it further. They also replied in 2014 on cryptonote forum to all that come there for help when starting their cryptonote coins.   So yes bytecoin developers are the one that was part of cryptonote inventors, but not solely. How big was their influence i have no slight idea. maybe 50% maybe 1%.
Who are the developers of BCN now?

Is it still developed? When i last check their forum was no news for like a 2 years.

Thanks for the info.  God damn, it keeps steadily rising..  almost doubled from when I bought mine last week.  After investigating all the alternative cryptos to make a quick buck on, I picked that which has the most reliable developer and concept.  It might not have all these silly percentage rises, but slow and steady wins the race.
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June 10, 2017, 12:42:25 AM
 #1100


Is cryptonote invented by the same developers who created Bytecoin? I do not know the full history of cryptonote and it would be nice to be given some URLs of articles about its story and how it came to be. Thank you.

Also, what are the updates on Surae's concerns?

As I know and what i know i got from Cyptonote forum.  There was a group that worked on cryptonote test coins. They worked some time. They did it for a research and did not wanted to make a real use coin and have financial gain.  Part of them did not agree with them and latter split and started Bytecoin. The other part stayed on cryptonote and researched it further. They also replied in 2014 on cryptonote forum to all that come there for help when starting their cryptonote coins.   So yes bytecoin developers are the one that was part of cryptonote inventors, but not solely. How big was their influence i have no slight idea. maybe 50% maybe 1%.


Who are the developers of BCN now?

Is it still developed? When i last check their forum was no news for like a 2 years.

Ok. There is a chance that the cryptonote algorithm is still breakable I assume? Has it been tested and audited?

@stoffu. Thank you.

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