[ANN] AEON: Scalable, private, mobile-friendly cryptocurrency

[Phantas]

nice to see 

[Phantas]

Welcome back

This thread and the other coin resources have been turned over to me by the original developer.

Source code on the main github has been updated: https://github.com/aeonix/aeon

I will continue to maintain the source code


Community volunteers wanted for:

1. Build Linux/Windows/Mac binaries.
2. Update/maintain web site
3. Operate seed node (and long-running stable node with a static IP and open port is fine)

Donations for bounty funds and community initiatives are currently closed but will reopen shortly.

aeond

[P2P5]Failed to connect to any of seed peers, continuing without seeds

[smooth]

Welcome back

This thread and the other coin resources have been turned over to me by the original developer.

Source code on the main github has been updated: https://github.com/aeonix/aeon

I will continue to maintain the source code


Community volunteers wanted for:

1. Build Linux/Windows/Mac binaries.
2. Update/maintain web site
3. Operate seed node (and long-running stable node with a static IP and open port is fine)

Donations for bounty funds and community initiatives are currently closed but will reopen shortly.

aeond

[P2P5]Failed to connect to any of seed peers, continuing without seeds

Until there is an official seed node, you will need to obtain the IP address of a live node from someone already on the network. Once you have a node running you should have a p2pstate.bin file with node IPs and not need this, but new users do need a seed.

I'll PM you

[cryptrol]

I may be interested to commit some time to this project, I am interested in multisig transactions for Cryptonote, does AEON have this ? or should/could it be ported from bcn ? I have seen it is a Monero fork but I am not too familiar with the Monero fork.

Would be nice to have a project incorporating both Monero and Bytecoin features and code improvements, this could position AEON as a more prominent cryptonote coin.

[smooth]

I may be interested to commit some time to this project, I am interested in multisig transactions for Cryptonote, does AEON have this ? or should/could it be ported from bcn ? I have seen it is a Monero fork but I am not too familiar with the Monero fork.

Would be nice to have a project incorporating both Monero and Bytecoin features and code improvements, this could position AEON as a more prominent cryptonote coin.

AEON does not have multisig. Bytecoin has multisig but it has limitations and was added in a way that is fairly unfriendly to open source. Specifically:

1. The limitations are that it does not work with ring signatures; multisig transactions must be unmixed. This works, but it undermines a lot of the appeal of the cryptonote system in the first place (i.e. why not just use Bitcoin?), especially if multisig becomes widely used. Monero has said that they are working on a more anon-friendly multisig, but it isn't delivered so there is certainly something to be said for a feature that exists over one that doesn't.

2. As far as being open-source-unfriendly, Bytecoin pushed their changes (including multisig, and recently another batch) to github as a single huge commit with no break down of individual changes and features, and few if any comments. Thus it becomes a lot of work to pick through the specific changes that are needed and merge them manually. By contrast, if we want to incorporate updated features from Monero (or other cryptonotes for that matter) those are individual git commits can often be automatically merged and can be done individually on a feature-by-feature basis.

3. Bytecoin changed their license to GPL, which isn't necessarily something that all open source projects want (though some are certainly okay with it). For example, it presents problems if creating mobile builds and derived mobile apps (app stores don't seem to like it).

Changing the AEON license to include GPL from the current less-restrictive modified BSD license would be something that would need to have very broad community support, and would only make sense if there were a clear commitment of resources to not only merge the Bytecoin features but continue to maintain them.

[cryptrol]

Thanks for taking the time to answer.

AEON does not have multisig. Bytecoin has multisig but it has limitations and was added in a way that is fairly unfriendly to open source. Specifically:

1. The limitations are that it does not work with ring signatures; multisig transactions must be unmixed. This works, but it undermines a lot of the appeal of the cryptonote system in the first place (i.e. why not just use Bitcoin?), especially if multisig becomes widely used. Monero has said that they are working on a more anon-friendly multisig, but it isn't delivered so there is certainly something to be said for a feature that exists over one that doesn't.

IMO the potential of trustless escrow systems that could be implemented outweigh the privacy concerns, which BTW may have a work around using multisig address just for escrow and normal (stealth) addresses for the final transactions. This is suboptimal but could be implemented.

2. As far as being open-source-unfriendly, Bytecoin pushed their changes (including multisig, and recently another batch) to github as a single huge commit with no break down of individual changes and features, and few if any comments. Thus it becomes a lot of work to pick through the specific changes that are needed and merge them manually. By contrast, if we want to incorporate updated features from Monero (or other cryptonotes for that matter) those are individual git commits can often be automatically merged and can be done individually on a feature-by-feature basis.

Absolutely agree with this, going through the Bytecoin source is a major PITA.

3. Bytecoin changed their license to GPL, which isn't necessarily something that all open source projects want (though some are certainly okay with it). For example, it presents problems if creating mobile builds and derived mobile apps (app stores don't seem to like it).

Changing the AEON license to include GPL from the current less-restrictive modified BSD license would be something that would need to have very broad community support, and would only make sense if there were a clear commitment of resources to not only merge the Bytecoin features but continue to maintain them.

Regarding the license issue, I can't see the current codebase being ported to a mobile platform. Instead, new apps (with any license) can be built to interact with full nodes and provide services. But  I agree that consensus is needed for this.

[smooth]

Thanks for taking the time to answer.

AEON does not have multisig. Bytecoin has multisig but it has limitations and was added in a way that is fairly unfriendly to open source. Specifically:

1. The limitations are that it does not work with ring signatures; multisig transactions must be unmixed. This works, but it undermines a lot of the appeal of the cryptonote system in the first place (i.e. why not just use Bitcoin?), especially if multisig becomes widely used. Monero has said that they are working on a more anon-friendly multisig, but it isn't delivered so there is certainly something to be said for a feature that exists over one that doesn't.

IMO the potential of trustless escrow systems that could be implemented outweigh the privacy concerns, which BTW may have a work around using multisig address just for escrow and normal (stealth) addresses for the final transactions. This is suboptimal but could be implemented.

I'm not sure I agree. If you look at where Bitcoin is going it seems entirely possible that most transactions will be multisig at some point fairly soon (already the percentage is significant), not necessarily just escrow transactions, but things like 2FA, succession plans (who gets your idle coins if you die), payment channels refunds, etc. If you toss anonymity to get multisig you are undermining a lot of the value proposition of cryptonote. Adding another transaction level to restore anonymity (if that even works, I'm not sure) is going to greatly increase the cost in terms of blockchain space and processing.

It may be this makes sense a stopgap for escrow-type transactions but it isn't a good long-term solution imo.

That said, if someone does the work, and either creates the code from scratch or pulls it out from bytecoin (along with the license), and if there is community buy in for it (especially in the latter case), I wouldn't oppose including it.

[cryptrol]

Can anyone post a list of active peers/seeds ? I can't connect to the network.

Also what are the memory requirements of the client ? I guess that no block storage has been implemented as of yet.

I may be able to operate a seed node if the memory requirements are not really big. I have also built windows and ubuntu binaries, I will post them later, building under windows can be a real pain.

[smooth]

Can anyone post a list of active peers/seeds ? I can't connect to the network.

Check Pm

Also what are the memory requirements of the client ? I guess that no block storage has been implemented as of yet.

There is no database or disk storage implemented, so everything is in RAM. Probably needs about 4GB or so.

I may be able to operate a seed node if the memory requirements are not really big. I have also built windows and ubuntu binaries, I will post them later, building under windows can be a real pain.

Thanks for whatever you can do!

[cryptrol]

There is no database or disk storage implemented, so everything is in RAM. Probably needs about 4GB or so.

Oops, then I will need a bigger machine, also you need a lot of CPU power while syncing. Would be great to have a blockchain bootstrap for a quick start.

Also, block storage is something we need ASAP if we want a healthy network.

[smooth]

There is no database or disk storage implemented, so everything is in RAM. Probably needs about 4GB or so.

Oops, then I will need a bigger machine, also you need a lot of CPU power while syncing. Would be great to have a blockchain bootstrap for a quick start.

Also, block storage is something we need ASAP if we want a healthy network.

We can probably merge the Monero database support easily enough once its finished, which looks to be a week or less. That gives both disk-based storage of the blockchain and a portable bootstrap that works on all platforms.
 
The CPU usage isn't much once it's caught up.

[Phantas]

Aeon bootstrap for linux-x64 https://mega.co.nz/#!G55RnLQQ!envmU4ZRjpr1lYDS4bwmZPI298QZcxwyr1u3Drw4ybQ

[getrichdietryin]

is this on a exchange

[smooth]

is this on a exchange

Not as far as I know.

[cryptrol]

Aeon bootstrap for linux-x64 https://mega.co.nz/#!G55RnLQQ!envmU4ZRjpr1lYDS4bwmZPI298QZcxwyr1u3Drw4ybQ

Thanks, downloading now

EDIT: It works.

[Phantas]

Aeon bootstrap for linux-x64 https://mega.co.nz/#!G55RnLQQ!envmU4ZRjpr1lYDS4bwmZPI298QZcxwyr1u3Drw4ybQ

Thanks, downloading now

EDIT: It works.

with pleasure

[smooth]

Aeon bootstrap for linux-x64 https://mega.co.nz/#!G55RnLQQ!envmU4ZRjpr1lYDS4bwmZPI298QZcxwyr1u3Drw4ybQ

Added to OP

Thank you Phantas!

[kennyP]

@smooth, any chance you can help restore mountcoin (MCN) to health?

[smooth]

@smooth, any chance you can help restore mountcoin (MCN) to health?

It depends what's wrong with it. Can you elaborate?

[kennyP]

@smooth, any chance you can help restore mountcoin (MCN) to health?

It depends what's wrong with it. Can you elaborate?

Similar situation to Aeon as far as I know, fair launch without any obvious shenanigans, but the original dev (presidentcoin) was a young guy out of his depth, and left early. Someone tried a takeover but that petered out after a few months, but the guy is still active on the forum, so maybe he would be willing and capable of handing over to someone else. I don't know if the chain is still going, but if it was it *might* be worth saving.

The MNT resurrection thread was https://bitcoin-forums.net/index.php?topic=658072.0

The last meaningful post from the guy who attempted the resurrection was https://bitcoin-forums.net/index.php?topic=658072.msg8090885#msg8090885