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Author Topic: [ANN] AEON: Scalable, private, mobile-friendly cryptocurrency  (Read 622296 times)
befine77
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April 01, 2018, 03:44:47 PM
 #5261

Wow, this is a very big project Smiley
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April 02, 2018, 06:00:10 PM
 #5262


Hey team.I may be interested in seeing the progress of the project and looking this ICO success. Project indeed cool, let's see how the team in the project can make this ICO run smoothly.


there is not any ICO there, but an important code rebase, showing a big progress.
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April 07, 2018, 01:02:58 AM
 #5263

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

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April 08, 2018, 05:26:10 AM
 #5264

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.
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April 08, 2018, 01:48:39 PM
 #5265

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.

More likely it is higher price that leads to higher hashpower
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April 08, 2018, 06:04:38 PM
 #5266

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero lost more than that. They dropped almost and entire Gigahash from the network. A fricken gigahash!

I like crypto
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April 08, 2018, 06:11:59 PM
 #5267

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

How expediences is this decision? A high hashpower raises a cost price and, accordingly, a coins value.

More likely it is higher price that leads to higher hashpower

Agreed, but this is a closed circle: high price attracts miners => complexity increases => production costs are increasing => reduced supply at current price => a market price rises.

This rule works for any POW-mining coins.
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April 08, 2018, 07:15:10 PM
 #5268

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.
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April 08, 2018, 08:08:53 PM
 #5269

I imagine that the network hashrate will drop significantly, but I personally don't think it will be as large of a percentage as it was for Monero. In any case I am looking forward to the rebase and fork in equal measure.
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April 10, 2018, 01:34:31 AM
 #5270

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.


What are the Monero development team's thoughts on when ASICs, or more specifically Bitmain, started entering the Cryptonote mining space? Do you reckon that it might be longer than 3 months including testing?

Bitmain might have started mining XMR on November 2017 while tests started on July of the same year.

https://bitinfocharts.com/comparison/hashrate-xmr.html

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smooth
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April 10, 2018, 02:27:55 AM
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 #5271

@smooth. How much is the projected reduction in hashpower once we do our own hard fork to kill ASICs mining? Monero lost 2/3.

Also, remember last year's surprising sudden increase in Aeon's hash power? It was not botnets, it was Bitmain testing their miners! Why didn't we foresee it?? hehe

Monero has lost about 80-85%. I don't know how much AEON will lose. Obviously it is a much smaller coin so less attractive to very large miners (who would just drive up the difficulty against themself). Still likely some of AEON hash rate is ASICs, after all some of the products explicitly advertise CryptoNight-Lite support, they would have to at least 'tested' that.


What are the Monero development team's thoughts on when ASICs, or more specifically Bitmain, started entering the Cryptonote mining space? Do you reckon that it might be longer than 3 months including testing?

Bitmain might have started mining XMR on November 2017 while tests started on July of the same year.

https://bitinfocharts.com/comparison/hashrate-xmr.html

Some of those hash rate change are likely natural, due to price changes.

The best indicator is probably to look at profitability or some variant thereof. We can see that starting in early 2018 or possibly late 2017, profitability started a decline to lows not seen since 2016. That was probably due to ASICs starting to capture most of the hash rate, though when they started at a low hash rate share is impossible to say.

Here an analysis from Monero core team member ArticMine. https://www.reddit.com/r/Monero/comments/8al8tm/considering_that_a_sizeable_amount_must_have_not/dwzxdj6/

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April 10, 2018, 07:09:55 AM
 #5272

Hi

Is it possible to make aeond use swap?
I'm asking because my computer runs out of ram and freezes.
How much ram is required atm?

Thank you

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April 10, 2018, 01:13:05 PM
 #5273

Hi guys!

My principal wanna buy 100K AEON off-exchange.
PM me with your ask price.

Thanks.

Soldo [SLD] @ Soldo.IN
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April 10, 2018, 01:38:32 PM
 #5274


Hey! Can me please, what advantages will I get if I have the tokens of your project?


AEON is real hard-mined coin.
Ask about hollow tokens at another places.

Soldo [SLD] @ Soldo.IN
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April 11, 2018, 01:29:20 AM
 #5275

Hi guys!

My principal wanna buy 100K AEON off-exchange.
PM me with your ask price.

Thanks.

Best to contact smooth, americanpegasus here on bitcointalk/katiecharms in /r/aeon on Reddit and maybe sammy007. They may or may not sell that much coins but they might be able to point you to people who could.

What's wrong with using Bittrex hehehe? Wink

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April 11, 2018, 06:09:57 AM
 #5276

What's wrong with using Bittrex hehehe? Wink
Price probably?
But size for sure - Bittrex have 130K and Hitbtc 150K only.

Soldo [SLD] @ Soldo.IN
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April 11, 2018, 06:28:53 PM
 #5277

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?
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April 11, 2018, 07:37:22 PM
 #5278

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?

You need to provide a heck of allot more information if you want an answer to help solve your problem.  Please specify the details of your hardware, software, pool, etc... Regardless of the details you definitely need to mine for allot more then 3 hours before jumping to any conclusions. This applies to any and every coin, not just AEON.
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April 11, 2018, 07:44:56 PM
 #5279

uhm, mining at 30kh/s atm for 3 hours, only generated about 0.08aeon :s

is this coin really broken?

It takes several hours for blocks to mature, which is when the pool will increment your pending balance.
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April 12, 2018, 12:38:14 AM
 #5280

What's wrong with using Bittrex hehehe? Wink
Price probably?
But size for sure - Bittrex have 130K and Hitbtc 150K only.

Hehe I was only joking. The liquidity for Aeon is so low that I wouldn't recommend anyone to buy 100k coins. What would happen if you decide to sell all of them? You would crash the price if you cannot look for a buyer off-exchange.

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