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

[jwinterm]

Has Smooth said anything about the Cryptonight Asic that appears to be coming out?  Monero is planning to fork in order to fight the asics coming out --- will Aeon be doing the same?

Dude, it's in the post immediately preceding yours...

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[Elder III]

Has Smooth said anything about the Cryptonight Asic that appears to be coming out?  Monero is planning to fork in order to fight the asics coming out --- will Aeon be doing the same?

Dude, it's in the post immediately preceding yours...

Nevemind, I went and read through everything on Redditt.

[bbc.reporter]

Has Smooth said anything about the Cryptonight Asic that appears to be coming out?  Monero is planning to fork in order to fight the asics coming out --- will Aeon be doing the same?

Dude, it's in the post immediately preceding yours...

For argument's sake, isn't it good for Aeon's security and the price to have ASIC miners around? I know that it will centralize mining and the creation of mining hardware behind it, but would that not be a necessary sacrifice to have our investments grow?

[smooth]

Has Smooth said anything about the Cryptonight Asic that appears to be coming out?  Monero is planning to fork in order to fight the asics coming out --- will Aeon be doing the same?

Dude, it's in the post immediately preceding yours...

For argument's sake, isn't it good for Aeon's security and the price to have ASIC miners around? I know that it will centralize mining and the creation of mining hardware behind it, but would that not be a necessary sacrifice to have our investments grow?

Centralizing mining is not good for security (all else being equal, which in this case it is not; these issues are complex and there is not a clear universally-accepted answer either way).

[jbmustaq]

Has Smooth said anything about the Cryptonight Asic that appears to be coming out?  Monero is planning to fork in order to fight the asics coming out --- will Aeon be doing the same?

Dude, it's in the post immediately preceding yours...

For argument's sake, isn't it good for Aeon's security and the price to have ASIC miners around? I know that it will centralize mining and the creation of mining hardware behind it, but would that not be a necessary sacrifice to have our investments grow?

Hopefully you know what happens when difficulty is low or new coin is launched or even it's normal difficulty. It's always ASIC machine owners who have a last laugh as normal machines can't compare to them. When you say sacrifice that means you have good no. of coins and won't bother with high difficulty but think of miners like me who only has around 600h of power. where will the miners like us go when difficulty is damn high even now.

To me Asic machine and asic miners are pest for a network as they are not helping the network but themselves.

[bbc.reporter]

@smooth. But to date, it has been going ok in bitcoin. Some would also argue that it's the big Chinese mining farms carrying its market cap to new highs after every halving because it is in their self interest to do so.

I reckon Siacoin is embracing Asics and so does Decred. Why is this? What do they see that the rest do not?

[smooth]

@smooth. But to date, it has been going ok in bitcoin. Some would also argue that it's the big Chinese mining farms carrying its market cap to new highs after every halving because it is in their self interest to do so.

I reckon Siacoin is embracing Asics and so does Decred. Why is this? What do they see that the rest do not?

Yes, ASICs have been doing fine for Bitcoin, but (at least mostly) non-ASICs have been doing fine for Monero, Ethereum, Zcash, etc., and there are also a bunch of dead or near-dead SHA256 coins that aren't doing fine despite the existence of ASICs which could mine them.

The "doing fine" argument doesn't get very far really.

[smooth]

@smooth. But to date, it has been going ok in bitcoin. Some would also argue that it's the big Chinese mining farms carrying its market cap to new highs after every halving because it is in their self interest to do so.

I reckon Siacoin is embracing Asics and so does Decred. Why is this? What do they see that the rest do not?

In the case of Siacoin, it was the devs starting a company to sell ASICs, a clear conflict of interest.

I haven't followed Decred.

Regardless of the shadiness demonstrated by the Sia devs (which reduces their credibility on the matter in my view significantly, even if they may happen to be right), there is certainly a pro-ASIC point of view that is not without merit.

You might want to review this discussion https://github.com/monero-project/monero/issues/3387 (BTW, This is a Monero issue. Please do not spam discussion of AEON there.)

I'm mostly neutral but if the community wants to change PoW then its fine with me. My mild bias is to continue tracking whatever Monero does and minimize code changes and also the possibility that AEON could be attacked by reject Monero ASICs.

[bbc.reporter]

I just read about Siacoin and Bitmain. The Sia developers are only shady for not allowing an open market for the creation of Asics. They want to corner the market like Bitmain hehehe.

But at least Bitmain did it fair and square. They were simply better than everyone else.

In any case, Aeon. We know Asic manufacturers are profit driven and it would be against their self interest to destroy a coin. Maybe it would be a good test drive on what happens if Asics went in and mined a cryptonote coin?

[Elder III]

@smooth. But to date, it has been going ok in bitcoin. Some would also argue that it's the big Chinese mining farms carrying its market cap to new highs after every halving because it is in their self interest to do so.

I reckon Siacoin is embracing Asics and so does Decred. Why is this? What do they see that the rest do not?

In the case of Siacoin, it was the devs starting a company to sell ASICs, a clear conflict of interest.

I haven't followed Decred.

Regardless of the shadiness demonstrated by the Sia devs (which reduces their credibility on the matter in my view significantly, even if they may happen to be right), there is certainly a pro-ASIC point of view that is not without merit.

You might want to review this discussion https://github.com/monero-project/monero/issues/3387 (BTW, This is a Monero issue. Please do not spam discussion of AEON there.)

I'm mostly neutral but if the community wants to change PoW then its fine with me. My mild bias is to continue tracking whatever Monero does and minimize code changes and also the possibility that AEON could be attacked by reject Monero ASICs.

In my semi-literate opinion on the subject at hand I believe that asics are the antithesis of what AEON is about. I'm not fond of asics in general, but I don't completely hate them either. They have a place, but not with AEON (or any similar crypto coins).

[smooth]

I just read about Siacoin and Bitmain. The Sia developers are only shady for not allowing an open market for the creation of Asics. They want to corner the market like Bitmain hehehe.

That was certainly worse, but I don't agree that's when it started. As soon as they decided to start their own ASIC company they lost the ability to be unconflicted on development decisions. As you say, they made a lot of arguments about how good ASICs are for a coin. Maybe those arguments were sincere but we can never know because the way they set things up they had a huge incentive to "sell" ASICs to the community (because, quite literally, they were selling their own product).

Anyway, this is kind of off topic to AEON.

BTW, I have no interest in any mining companies

[estenity]

2 dev meetings showing a good cooperation and high interest in aeon development..

[zhugy78]

Many people think that AEON still has great potential, is now in the very period, hope that the project will be up.

[bbc.reporter]

I just read about Siacoin and Bitmain. The Sia developers are only shady for not allowing an open market for the creation of Asics. They want to corner the market like Bitmain hehehe.

That was certainly worse, but I don't agree that's when it started. As soon as they decided to start their own ASIC company they lost the ability to be unconflicted on development decisions. As you say, they made a lot of arguments about how good ASICs are for a coin. Maybe those arguments were sincere but we can never know because the way they set things up they had a huge incentive to "sell" ASICs to the community (because, quite literally, they were selling their own product).

Anyway, this is kind of off topic to AEON.

BTW, I have no interest in any mining companies

I just read your proposal for an ASIC-friendly Monero. I agree with points 1, 4 and 6 and I reckon it might be easier to do this in Aeon than Monero. Fluffypony has already been very vocal about breaking ASICs and nothing will change that. He also has the community backing him up.

On Aeon. We know that it will always be living in the shadow of Monero, so why not take the leap and be open to ASICs?

Aeon can act as a testbed and it can protect Monero at the same time.

[Haynes]

Many people think that AEON still has great potential, is now in the very period, hope that the project will be up.

Why do you think like that
Everything is still running smoothly.
The AEON project is the only rare project.

[makko91]

Is there any other project that can be dangerous for AEON ?

[bgibso01]

Is there an easy tutorial available to do CPU and GPU mining combine on VPS servers
i will be using Ubuntu OS

[boomboombazookajeff]

Is there any other project that can be dangerous for AEON ?

There are a few but a lot of them are premine scams. AEON is doing its own thing rather nicely so there is no need for FUD.

[bbc.reporter]

Aeon Community Announcement: Vote for AEON to be listed on CryptalDash.com Exchange.

Aeon has been featured in the New Coin Listing Competition, this is your chance to grow the market cap and liquidity pool of Aeon.

Support your coin by voting now, voting ends in 10 days.(Aeon is currently in last place with 0 votes)

https://www.cryptaldash.com/new-coin-listing

Done. Aeon needs more exposure on any exchange, whether it can offer high volume or not. It is also very obvious that we are so behind the other altcoins in development and market exposure. I reckon embracing ASIC mining might vitalize Aeon and propel it to the top 50 of Coinmarketcap.

Does anyone else accept smooth's proposal for ASIC-friendliness?

https://github.com/monero-project/monero/issues/3387

[boomboombazookajeff]

Aeon Community Announcement: Vote for AEON to be listed on CryptalDash.com Exchange.

Aeon has been featured in the New Coin Listing Competition, this is your chance to grow the market cap and liquidity pool of Aeon.

Support your coin by voting now, voting ends in 10 days.(Aeon is currently in last place with 0 votes)

https://www.cryptaldash.com/new-coin-listing

Done. Aeon needs more exposure on any exchange, whether it can offer high volume or not. It is also very obvious that we are so behind the other altcoins in development and market exposure. I reckon embracing ASIC mining might vitalize Aeon and propel it to the top 50 of Coinmarketcap.

Does anyone else accept smooth's proposal for ASIC-friendliness?

https://github.com/monero-project/monero/issues/3387

It hasn't been feasible for me to mine with my GPUs for ages. What would really change for normal miners anyways? This could be the future for AEON - albeit not what I originally wanted (since I am largely against ASICS).