[AEON] Aeon Speculation

[wavessurfing]

Looks to me like Wownero (whatever that is) took any position Aeon could have taken.

My theory is Smooth is very rich at this point, and does not really care.

Just being realistic.

their site http://wownero.org/ does appear rather funny.

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[bbc.reporter]

@cAPSLOCK. That might be true. The motivation to begin something extraordinary slowly goes when someone becomes more financially comfortable in life.

In any case, I reckon the Aeon community, which is made up of bagholders like me, has to be motivated to do the extra work hehehe. The transference of labor from top to bottom in the cryptospace.

[bigslimvdub]

In any case, I reckon the Aeon community, which is made up of bagholders like me, has to be motivated to do the extra work hehehe. The transference of labor from top to bottom in the cryptospace.

I'm glad you are a bag holder, It means you stuck around through the tough times and didn't dump like certain other community members.

It means a lot that people believe in the project that they will hold their assets and help make the project great again.

[bbc.reporter]

@bigslimvdub. To be honest with you, I should have dumped some coins during the 2017 highs. I was so certain that the project would attain a success that might have it begin climbing up to the cryptocoin top 50. I was wrong hehehe.

[bigslimvdub]

@bigslimvdub. To be honest with you, I should have dumped some coins during the 2017 highs. I was so certain that the project would attain a success that might have it begin climbing up to the cryptocoin top 50. I was wrong hehehe.

Maybe it will be $9 again sometime???

[bbc.reporter]

@bigslimvdub. I am not as optimistic as some of the people in /r/Aeon hehehe. However, I do not trust their bullishness. They might only be bagholders that are hyping their bags but ready to dump on the next group of buyers.

Also, if stoffu's proposal is rejected, I might start dumping too. There is no chance for Aeon if everything stays the same.

[bigslimvdub]

I agree that there is little future for Aeon if we don't stand out in the crypto space. Many projects have copied Aeon and built on top of that. Many projects copied Monero and printed on top of that. It is a good thing there are many projects out there, but what do they have to offer against the rest other than more developers at hand who have devoted their time for that specific project. It seems nowadays there are so many cookie-cutter projects that only offer a different POW and maybe one or two things here or there, especially CN forks. You know how many POW are being used by CN forks? They are all still CN coins though.

Why build 1350 ERC20 tokens to support 1350 single ideas?

Why not have a few main erc20 projects that have 20 functions they support each?

I look at projects nowadays like little retail companies that each do their own thing and all make their own specific product yet in the end, they are all still little retail companies.

[Febo]

When there will be privacy coins months as they always been then all privacy coins will gain. Yes first will be Monero but after that all the rest will also gain. Monero will just suck them up with a slight delay. Suddenly nothing else then privacy will matter. That is how things were happening and it will happen in the future.

[bbc.reporter]

I agree that there is little future for Aeon if we don't stand out in the crypto space. Many projects have copied Aeon and built on top of that. Many projects copied Monero and printed on top of that. It is a good thing there are many projects out there, but what do they have to offer against the rest other than more developers at hand who have devoted their time for that specific project. It seems nowadays there are so many cookie-cutter projects that only offer a different POW and maybe one or two things here or there, especially CN forks. You know how many POW are being used by CN forks? They are all still CN coins though.

Why build 1350 ERC20 tokens to support 1350 single ideas?

Why not have a few main erc20 projects that have 20 functions they support each?

I look at projects nowadays like little retail companies that each do their own thing and all make their own specific product yet in the end, they are all still little retail companies.

This is not about what mining algorithm there is. You might have misunderstood or maybe continue to avoid the real main issue on stoffu's proposal. However, you wrote an ignorant analysis about it in your State of Aeon article.

This is what stoffu said.

I believe now is the right time for Aeon to become ASIC friendly by switching to SHA-3 PoW (the most recent Secure Hashing Algorithm standardized by NIST). Below I'll try to explain why:
There is no such thing as ASIC resistant PoW.

Whether someone creates an ASIC or not is not determined by how technologically difficult it is to do so, but how economically sensible it is to do so; i.e., when a coin gets more adopted and the price rises, ASICs will appear no matter what.

https://www.reddit.com/r/Aeon/comments/aw2xhn/proposal_to_switch_to_sha3_proof_of_work/

[bigslimvdub]

I don’t believe you actually read anything I post.

[bbc.reporter]

@bigslimvdub. I read your latest State of Aeon article on medium. I do not believe that you have certainly understood what stoffu's issue is on the present State of Aeon, however.

Read his post on reddit again and do not avoid the real issue.

[stoffu]

@bigslimvdub. I read your latest State of Aeon article on medium. I do not believe that you have certainly understood what stoffu's issue is on the present State of Aeon, however.

Read his post on reddit again and do not avoid the real issue.

I also agree that the article didn't really reflect my true intent and may be potentially misleading.

His arguments were that embracing this change would:

• Allow Aeon to stand out from the rest of the CN community by being the first Cryptonight Light coin to use SHA3.
• Allow Aeon to move away from its close following of Monero to give itself a unique existence.
• Allow a test base for CN protocols on SHA3 for possible future integration of other CN projects.
• Possibly increased interest of developers in the Aeon project.
• Allow for possible value increase due to increased notoriety of the project.

I'm not really interested in helping bunch of CryptoNote forks; all I'm interested in is an ultimate digital currency protocol that will really kill fiat currencies completely. I don't follow Bitcoin because of the lack of protocol-enforced privacy and tail emission. I believe CryptoNote with tail emission is the right direction, but I don't see a bright future with ASIC resistance. I genuinely wished Monero could agree with me, but I knew it's an impossibility. I thought it'd be a hard sell for Aeon as well, but surprisingly somehow the community largely came to agree with me, fortunately. The notion of Aeon adopting SHA-3 being good in terms of marketing is just a side note and not my point. I don't care which coin adopts SHA-3, I'd just support whichever coin that does (or create a new one if there's none).

[bbc.reporter]

@stoffu. That was honestly my first impression. They potentially left the real argument out to hide the most effective statement in your proposal.

Will Aeon be the first Sha3 cryptocoin if we follow your proposal? I tried searching but I did not find one.

[stoffu]

@stoffu. That was honestly my first impression. They potentially left the real argument out to hide the most effective statement in your proposal.

Will Aeon be the first Sha3 cryptocoin if we follow your proposal? I tried searching but I did not find one.

No, there exist SmartCash (https://smartcash.cc/what-is-smartcash/) and MaxCoin (https://maxcoinproject.org/) that already use SHA-3/Keccak for PoW. Apparently there seems to have existed a few other even more obscure coins using SHA-3 PoW that went inactive.

There is no CryptoNote coin that uses SHA-3/Keccak for PoW AFAIK. I'm currently examining whether we should simply use SHA-3 or use some other Keccak instance (e.g. KangarooTwelve).

[smooth]

"switch to KangarooTwelve proof of work "

https://github.com/aeonix/aeon/pull/108
https://www.reddit.com/r/Aeon/comments/b6d18h/switch_to_kangarootwelve_proof_of_work_by_stoffu/

[estenity]

AEON ON BISQ ! 2019 begins well.

https://www.reddit.com/r/Aeon/comments/aba795/aeon_on_bisq_happy_new_year_everybody/

Looks amazing. If I understand right it will be fully included in next BisQ release. Right now you can only trade if you build it from source.

any further experience ? i hear that bisq has recently upgraded..

[smooth]

AEON ON BISQ ! 2019 begins well.

https://www.reddit.com/r/Aeon/comments/aba795/aeon_on_bisq_happy_new_year_everybody/

Looks amazing. If I understand right it will be fully included in next BisQ release. Right now you can only trade if you build it from source.

any further experience ? i hear that bisq has recently upgraded..

Looks to me like there is a live market. Not so active but functional.

https://bisq.network/markets/?currency=aeon_btc

[bigslimvdub]

Bisq has been pretty slow. It works well

[estenity]

crypto payments era is arrived?

https://www.zerohedge.com/news/2019-04-23/imf-poll-shows-real-demand-crypto-payment-solutions

[camthegeek]

crypto payments era is arrived?

https://www.zerohedge.com/news/2019-04-23/imf-poll-shows-real-demand-crypto-payment-solutions

Interesting article. Thanks for the read!