[ANN] AEON [2018-07-12: update to 0.12.5.0+]

[rickgejr]

@erok:

Awesome.

[1531783165]

1531783165

[bbc.reporter]

@bbc.reporter:

Please. Trolling? Get a grip. This is called relevant discussion. I'm no Aeon convert or any kind of "coin convert." Not "blinded by the possibilities."

Here's a blog I wrote awhile back about Aeon, that was farmed out to toughnickel.com: https://toughnickel.com/personal-finance/The-Crypto-Papers-Rebirth-of-AEON

I understand that the "main" blockchain itself is secure, even on a smart phone -- even if slimmed down (pruned) as Smooth indicates. My concern about any coin info on a smart phone is that a smart phone is essentially dumb and hack-able. Again, not the blockchain. You don't bank or pay bills on your smart phone, do you?

If I can hack your phone, install a keylogger, screen reader, virus, clone your phone -- and you only have the blockchain and do not mine to an address -- what do I know? I know that you probably have an Aeon wallet somewhere. Maybe on your PC. Maybe you don't use a VPN or jump to a TOR hidden website -- where you store your coins. Maybe you use Google Authenticator on your smart phone. Maybe you have an account on Bittrex with all kinds of coins. Maybe I'll find your email address on your cell phone. Maybe I'll send you a notification from bitcointalk.org (make it look identical), but when you click the link (you don't do you), I'll drop a keylogger and a few other goodies on your PC.  Now I go and find your wallet(s), open it, empty it and just for giggles, activate a virus that wipes your PC and disables your cell phone. In the mean time, while your dealing with that, I'll comb your keylogger history looking for passwords, find all the other exchanges where you trade, open your accounts and bleed them dry.

Hackers gather bread crumbs. Putting anything financial on a smart phone is dumb -- until the tech is better. But this is not my opinion. Many techies, computer nerds and black hatters say the same thing.

But you can chance it. Go ahead -- advertise that you love Aeon. Entice that hackers who do this stuff just for the challenge of it. They've come my way more than once when I bad mouthed Bytecoin and Iota. I suspect those guys from India, but it could have been anyone.

What is holding back the hackers from doing that today? Almost all the regular people not into cryptocoins are already doing financial matter and their banking needs on their mobile devices. There are bitcoiners who have wallet apps installed. There is Apple Pay, Google Pay and others. Do we see hackers hacking the billions of smartphones containing banking details? Where?

[stoffu]

That new miner sounds pretty sweet, but Sumokin had a rough launch and I'd want to see the source for a program like that before trying to use it. Looks like a lot of work went into it. While I like free stuff, I also like to know where the benefit is to the developer before fully trusting it... or viewing the 'open source'.

The mere fact that they released the binary before publishing the source code already creates a strong sense of doubt that they could be scamming.

Visually appealing GUI programs like this miner and MinerGate's miner cost a lot of money to develop, so it's natural to suspect that their primary intent can be in enriching themselves by scamming instead of contributing to the community.

I retract my word accusing the Sumo GUI miner of being a scam, since they finally released the source code:

BTW, the miner source code has been uploaded to Github here https://github.com/sumoprojects/SumoEasyMiner

[eeX]

Hi guys, any news from Smooth?
How's new version testing is going?

[Krazykov]

What do you guys think about mining AEON vs Monero? what do you prefer?

[Legis]

What does you guys think about mining AEON vs Monero? what do you prefer?

I mine both 50/50.

[teknohog]

What does you guys think about mining AEON vs Monero? what do you prefer?

I generally find Aeon more profitable to mine, though it depends somewhat on the hardware. If you want to invest in Monero long-term, then better buy it directly.

Monero is currently favoured in botnets, as it's a fairly mainstream coin where CPU mining remains viable. Botnet operators don't have to worry about electric bills, so exact profitability is not an issue, but it drives the network difficulty needlessly higher.

As a hobbyist, I prefer dealing with lesser known emerging coins. Besides other interesting possibilities, it is easier to gather a significant chunk of the coin, which may turn out very profitable in the future. This is also quite a practical issue for mining; with the high difficulty of Monero, it takes a while to accumulate the minimum payout of typical pools.

[Krazykov]

Yeah I had very similar thoughts, I tried mining both and in terms of pure profit its about the same with my current hardware maybe even a bit more with AEON. Buts its also nice to be getting couple of coins a day instead of just 0.1 Monero every few days. I know AEON only has one developer at the moment but I still have hope it will keep improving

[Mynero]

Maybe I'll find your email address on your cell phone. Maybe I'll send you a notification from bitcointalk.org (make it look identical), but when you click the link (you don't do you), I'll drop a keylogger and a few other goodies on your PC.  Now I go and find your wallet(s), open it, empty it and just for giggles, activate a virus that wipes your PC and disables your cell phone. In the mean time, while your dealing with that, I'll comb your keylogger history looking for passwords, find all the other exchanges where you trade, open your accounts and bleed them dry.

Most of what you are describing in this scenario happens on the PC, not on the phone. Finding an email address on the phone? I'm sure that's possible - but I am also pretty sure hackers prefer to hack into websites and systems that have thousands or millions of email addresses, instead of hacking into just one phone for one email address. And a single virus that wipes both the PC and disables a cell phone? Never heard of that.

[bbc.reporter]

@Mynero. Do not worry about what he is saying. He is just trying to convince is that running a nodes in mobile devices is not a good idea. But it really is if the blockchain's is size is maintainable enough and the node does not consume too much resources. Mobile devices might give a coin more nodes that are online at all times more possible.

[alzander]

That new miner sounds pretty sweet, but Sumokin had a rough launch and I'd want to see the source for a program like that before trying to use it. Looks like a lot of work went into it. While I like free stuff, I also like to know where the benefit is to the developer before fully trusting it... or viewing the 'open source'.

The mere fact that they released the binary before publishing the source code already creates a strong sense of doubt that they could be scamming.

Visually appealing GUI programs like this miner and MinerGate's miner cost a lot of money to develop, so it's natural to suspect that their primary intent can be in enriching themselves by scamming instead of contributing to the community.

I retract my word accusing the Sumo GUI miner of being a scam, since they finally released the source code:

BTW, the miner source code has been uploaded to Github here https://github.com/sumoprojects/SumoEasyMiner

Very cool they released the code. Was getting skeptical. Looking through it a bit now with my untrained eyes, but seems straightforward and on the up-and-up.

[JanPavel]

Does anybody have more details about bittrex Aeon wallet maintanance then they have in their FAQs?
How long has it been offline and when it might be available for deposit/withdrawal?

[Notyoursbuisness]

good actual question. its offline for weeks.

[JanPavel]

good actual question. its offline for weeks.

Sorry, I already went back through couple of pages here so I am familiar with the actual situation now.

[kikhtr]

What do you guys think about mining AEON vs Monero? what do you prefer?

The nethash over 7MH and not profit anymore, maybe I will return XMR

[Notyoursbuisness]

Sorry, I already went back through couple of pages here so I am familiar with the actual situation now.

will rex open wallets again ? or its dead weight ?
i just look at price of monero and dash or even vivo.... and see that this coin theoretically can get to much higher price.
just need fancy looking wallet and working exchanges 

[alzander]

The Bittrex wallet has been offline since early June, I believe (around then). Smooth requested that they disable it while he works on an update to fix some issues. There's been no hack or other major issues that have been encountered, so this was a pre-emptive disabling of the wallet, but it is annoying.

The good thing is that since Aeon can't readily be traded, I believe it's artificially low. Hopefully when the update comes and Bittrex re-enables the wallet, things may get a nice pop... I hope

[Notyoursbuisness]

Thanks for detailed explanation!
well i hope somebody will update wallet 

[teknohog]

The good thing is that since Aeon can't readily be traded, I believe it's artificially low. Hopefully when the update comes and Bittrex re-enables the wallet, things may get a nice pop... I hope

https://hitbtc.com/exchange/AEON-to-BTC works fine for me. I noticed this last week and promptly sent some of my Aeon there for trading.

[bbc.reporter]

As teknohog said, use HitBTC if you want you are a miner and if want to sell all your Aeons. The buy orders over there are now high enough if you want to sell thousands of Aeons. Before that market was only good to sell a few hundred Aeons.