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

[smooth]

For the sake of the social contract it can't be 1% or higher, anything equal or bellow 0,999% is valid.

 
 
Please elaborate.  I feel like maybe there's something I'm not understanding.

Inheriting Monero's parameters was implied here, as this coin was launched as an a pure (exact, other than branding) clone of Monero, and further my communication with the original developer when it was handed over strongly suggested that was intended. The only ambiguity comes from Monero's tail reward not having being implemented at the time this coin was launched, so the original forked code for this coin didn't have any tall reward at all. What was in the Monero design but unimplemented at the time (and somewhat ambiguous) was "less than 1%". I think it best that we keep within those parameters and not just make something up out of thin air a year and a half after launch.

Less than 1% can mean 1% for all practical purposes though. Just the slightest bit of rounding down is sufficient to satisfy <1%.

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[americanpegasus]

.99999 percent (with a repeating decimal) inflation.      That will really give people something to argue about. 
 
But it's fine.  I think we should simply move with the idea at this point.  0.9%,  0.999~%,  whatever. 
 
It just can't be less than ~.85% because it should be *at least* as much as Monero itself. 
 
My thoughts on the matter are known.  I think we should close this discussion by the end of the week and commit to a course.

[americanpegasus]

I'm partial to 0.888%, for Chinese reasons.

I had no idea. 
 
https://en.wikipedia.org/wiki/888_%28number%29


Ok, since they are mathematically equivalent let's go with 0.888 then.  I am increasingly of the opinion if you can activate the same receptors that are drawn to faith and mysticism while also providing cold harded mathematical charity - so be it.  That is the best 'human' solution. 
 
Since China has been at the forefront of crypto mining and adoption so far, it makes sense to use a figure with significance to them, and apparently it even carries other significance as well.

[smooth]

I'm partial to 0.888%, for Chinese reasons.

LOL, but not a bad idea.

Interesting fact. .88888... (infinite 8s -- what could be better than that?) = 8/9

[americanpegasus]

Wow, 8/9% interest.  That is really fetching.  I like it. 
 
It has a ton of symbolic significance, equates to a decimal value of infinite 8's, even has some embedded math-jokes that call back to the original bitcoin itself (white paper in 2008, release in 2009), and i'm sure there's more that can be gleaned as we go. 
 
I really think we found our own "golden number" here.     
 

[Arux]

Fixed diff now available at http://52.8.47.33:8080/  


[edit] core was updated, front-end will be too but later (only comestic change, infos are already good)

[smooth]

Okay let's consider this an official proposal then, open for comments:

Once the base reward declines below 0.3/minute, then reward will switch to inflationary at a target rate of 0.8888888....%/year (actual rate may deviate slightly in practice due to variations in block rate, block reward penalty, rounding, etc.)

[opennux]

I like the 8/9. You've got my vote for it.

[DrkLvr_]

Okay let's consider this an official proposal then, open for comments:

Once the base reward declines below 0.3/minute, then reward will switch to inflationary at a target rate of 0.8888888....%/year (actual rate may deviate slightly in practice due to variations in block rate, block reward penalty, rounding, etc.)

Yes, I like this for all of the reasons stated already !

[americanpegasus]

Alright, well here's what I want to see then (and will help create). 
 
I want Chinese translations for everything we do, cross posted to the relvant hubs for cryptocurrency in the Chinese community.  I refuse to believe that there's not a passionate group of Chinese mathematicians and cryptographers who are also very interested in cryptocurrency and that would take interest in this project.  I definitely don't want to have the feeling that we have developed Aeon in the Western World and are going to 'port' it over to China.  I want to them to have ownership of it too - especially since many will 'wake up' to Bitcoin in the coming months (my speculation).  Because Aeon is meant to be a testbed for Cryptonote ideas, we want to get all the intellectual power behind it we can (and Monero by extension). 
 
Therefore I'll be hosting a bounty of at least 10,000 AEON for a person (or people) interested in helping translate between the communities.  I have at least one investor friend who is into crypto, and is also fluent in English and Chinese.  I'll be asking him about it and seeing if he's interested in getting involved.   
 
Ideally we have Chinese translations of everything, ready to go, from Day 1 of the new database formal release and the subsequent GUI wire-up.

[smooth]

New bug fix update (0.9.6.0)

Recommended for all users

Changes in this release
Fix mixin output selection to match wallet output selection
Slightly reduce wallet maximum tx size; should speed up confirmation rate especially for split transactions

The pruning test branch has been updated to 0.9.6.0, so if you are using that you will need to fetch the update and recompile or wait for a new community-provided build.

https://github.com/aeonix/aeon/releases/tag/v0.9.6.0

[myagui]

As is becoming customary, here are unofficial windows binaries:

Aeon-Win-x64-0.9.6.0
Aeon-Win-x64-0.9.6.0-light-node

Just did a brief smoke test on these, everything looks to be running fine here.
Happy Testing!

[Arux]

error of payment on the block 625817.
my bad, when i updated the core pool, i used my repo and it's configured with address donation! error is now corrected but i must paid manually the miners (i identified 7 miners)
more infos this evening.

[Factor0008]

As is becoming customary, here are unofficial windows binaries:

Aeon-Win-x64-0.9.6.0
Aeon-Win-x64-0.9.6.0-light-node

Just did a brief smoke test on these, everything looks to be running fine here.
Happy Testing!

Tested Aeon-Win-x64-0.9.6.0
sync ok
save ok
solo mining ok
show hashrate ok
wallet ok

All good,  

[americanpegasus]

  
  
I have an investor/entrepreneur friend who went to Berkley for Business, manages his own investment fund, and who has been doing serious business work over in China for a couple of years now.  He's the real deal.  He recently became interested in both Bitcoin and Monero, so I convinced him to take a look at Aeon as well.  
  
I'm offering him some of the Aeon I've acquired to assist us/(find us the right people to assist us) with translation and porting efforts.  Hopefully I'll have more info soon.

[Arux]

everything back to normal at http://52.8.47.33:8080/

several low probability events occured all in the same time
- a very high unluck period 579%
- a wrong pool wallet address (my bad when i updated the core pool)
- an error of payment module (no enought outpout to mix... )

but in conclusion:
- no shares were lost.
- the pool mined the block 625817 to the donation address.
- the miners were paid with a delay. the fees of the correct pool wallet was used to pay the missing amount of block 625817.

with my sincere apologies for the inconvenience.

[smooth]

- the pool mined the block 625817 to the donation address.

The AEON donation address? I'd have no problem giving that back.

[cAPSLOCK]

Just pushed some improvements to the GitHub - MoneroMooo is working with me on the disconnection issue now.
The improvements are for hashrate, as well as some better output, so far (NSFW): https://ottrbutt.com/tmp/aeonwolf-10262015.png

hey wolf0 what is your os ? fedora ?

Arch Linux, sorry for the late reply. I used to do Linux From Scratch, but this takes less time and is about as customizable.

Another old LFS user who also uses Arch.  I had a short stint with gentoo, and also Slackware back in the day.  But Arch jhas been my distro of choice for 10 years or so.

FWIW aeon compiles easily on arch with a small tweak turning off a warning, but I imagine you aremaware of this. ☺

[Arux]

- the pool mined the block 625817 to the donation address.

The AEON donation address? I'd have no problem giving that back.

it's nice of you smooth but it will be not necessary.
firstly i'm happy that the block isn't lost for everybody. (and i can't choose a better address to throw away a block)
secondly the pool's fees (2%) allow to cover the loss
and thirdly, it's my bad.

[muchoman]

Official (signed) Win64 binaries of the latest miner!

https://ottrbutt.com/miner/downloads/wolf-aeon-miner-0.2.zip
https://ottrbutt.com/miner/downloads/wolf-aeon-miner-0.2.zip.sig

Link is not working.