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Author Topic: [ANN] AEON [2018-11-30: update to 0.12.7.0+ ASAP; 0.12.8.0 on Windows]  (Read 586848 times)
bobtlk
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December 04, 2016, 01:39:40 AM
 #3161

Watching this, I like the name of this coin.

AEON means a billion years.
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jwinterm
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December 04, 2016, 01:45:07 AM
 #3162

Specifications:
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181

What does this mean? Can you tell me how many Aeon are being mined each day? Thank you

It means the amount mined in each block is constantly decreasing. Just look on a pool website or block explorer to see what current block reward is.
xiaokele
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December 04, 2016, 09:29:46 AM
 #3163

Specifications:
PoW algorithm: CryptoNight-Lite[1]
Max supply: ~18.4 million[2]
Block reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.[3]
Block time: 240 seconds[3]
Difficulty: Retargets at every block
RPC-bind-port: 11180
P2P-bind-port: 11181

What does this mean? Can you tell me how many Aeon are being mined each day? Thank you

It means the amount mined in each block is constantly decreasing. Just look on a pool website or block explorer to see what current block reward is.

Such as the following http://chainradar.com/aeon/chart
eeX
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December 10, 2016, 08:52:54 AM
 #3164

20.401047037057 exactly right now.

Soldo [SLD] @ Soldo.IN
thdim
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December 11, 2016, 02:25:39 PM
 #3165

So if my math are correct 20.40 AEON per block and we get a new block every 240 seconds. A day haves 86400 seconds so 360 blocks per day so 7344 AEON per day at the current reward? is that correct?

20.401047037057 exactly right now.
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December 11, 2016, 09:29:24 PM
 #3166

Roughly, yes. There are some variances, you can check with a block explorer.
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday  Grin

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December 12, 2016, 11:45:17 AM
 #3167

Your math are perfect!

Reality always different from theory...

Soldo [SLD] @ Soldo.IN
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December 12, 2016, 05:08:29 PM
 #3168

Roughly, yes. There are some variances, you can check with a block explorer.
on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined.
the average reward was ~20.4, something like 8750 new aeon were born on saturday  Grin

Thanks a lot, this give us a yearly inflation around 20% give or take, which may sound a lot but it's not if you compare it will many other "big" names. I will keep following AEON, volume shows that something good is happening here Wink
Nik4691
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December 12, 2016, 05:31:50 PM
 #3169

this give us a yearly inflation around 20% give or take
How can it be?
The number of coins increases every year, and the block reward always decreases.
The yearly inflation must decrease accordingly because the ratio of old coins to the number of new coins increases Wink
Chikako
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December 12, 2016, 05:33:59 PM
 #3170

hope this coin gets into poloniex soon  Smiley
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December 12, 2016, 06:12:28 PM
 #3171

hope this coin gets into poloniex soon  Smiley
If you don't know the story, AEON started at poloniex 2 years ago...  Smiley
They still have a working wallet.
After then, AEON declined and they delisted it.
Today, i have more than i could mine, by buying on bittrex and cryptopia at cheap prices, so i don't really care if poloniex relist it it. Some day it wiill shine anyway.
To be fair, poloniex is my favorite exchange, but in the last year their choices were very conservative. They only add a coin for the profit it will bring to them.
james vaio
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December 12, 2016, 06:25:08 PM
 #3172

i'm going to give it a shoot
estenity
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December 12, 2016, 08:04:11 PM
 #3173

i'm going to give it a shoot

on alt19.com they say that AEON market is currently 2,070 usd daily, not so bad.
so you have to put at least 5 or 6 K usd to give it a shoot !
smooth
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December 14, 2016, 04:11:41 AM
 #3174

this give us a yearly inflation around 20% give or take
How can it be?
The number of coins increases every year, and the block reward always decreases.
The yearly inflation must decrease accordingly because the ratio of old coins to the number of new coins increases Wink

It is close. 7344 coins/day is about 0.05595% per day or 20.42175% per year (ignoring compounding).

AEON is only in its third year and as with all normally-distributed PoW coins (not fast-mined/premined/instamined), the inflation rate declines slowly over the first several years. This is by design to ensure that plentiful coins are created and distributed for a significant period of time, and anyone who wants in can get in at reasonable prices, even they are didn't/don't happen to be around at the very beginning.

Inflation will continue to decline to about 1% by the eighth year.
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December 15, 2016, 06:14:58 PM
 #3175


hi
bittrex aeon .
Wallet Maintenance ?! fork? Huh
BoscoMurray
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December 15, 2016, 06:26:12 PM
 #3176


hi
bittrex aeon .
Wallet Maintenance ?! fork? Huh

I see no evidence of a fork. Daemon syncs as expected. Bittrex could just be performing server maintenance.
estenity
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December 15, 2016, 08:38:10 PM
 #3177


hi
bittrex aeon .
Wallet Maintenance ?! fork? Huh

I see no evidence of a fork. Daemon syncs as expected. Bittrex could just be performing server maintenance.

already finished.
irukandji
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December 16, 2016, 03:32:39 AM
 #3178

Hello, I am thinking of mining this coin. what sort of machine would be recommended?
Is it better to use a pool or my own rig?
I have never mined before, so am a total noob

Thanks
jwinterm
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December 16, 2016, 03:40:25 AM
 #3179

Hello, I am thinking of mining this coin. what sort of machine would be recommended?
Is it better to use a pool or my own rig?
I have never mined before, so am a total noob

Thanks

You can mine with a CPU or GPU. Use one of the pools on the first page of this thread.
jaystone777
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December 16, 2016, 05:39:58 AM
 #3180

Hello, I am thinking of mining this coin. what sort of machine would be recommended?
Is it better to use a pool or my own rig?
I have never mined before, so am a total noob

Thanks

You can mine with a CPU or GPU. Use one of the pools on the first page of this thread.

How do you mine the cryptonight-light algo with a GPU? I thought it was only mineable on CPU's. Just asking because I don't know of any GPU mining software that supports cryptonight-light. Any information would be helpful. Also is there any talk of a web wallet? I love mining AEON but keeping the whole blockchain on my PC is not an option.
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