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

[bigslimvdub]

Yes proof of work and chain validation is done using K12. It is ASIC-friendly (though, as noted in State of AEON, it appears that most mining is done with FPGAs now) and very fast to verify. It doesn't use a scratchpad the way memory hard ASIC-resistant PoW algorithms do.

Do you want ASICS?

https://ehash.iaik.tugraz.at/wiki/SHA-3_Hardware_Implementations

Looks like by napkin math a decent basic ASIC would hash 550-700Gh on 200-300w when compared to a blake256 (decred) ASIC.

[killerkeemstar]

I still dont know why they havent changed the logo yet for aeon

[bigslimvdub]

I still dont know why they havent changed the logo yet for aeon

Nobody made a pr

I changed the logos on the electron app

[bigslimvdub]

@smooth
Are you going to merge the website redesign PR?

[smooth]

@smooth
Are you going to merge the website redesign PR?

If the discussion is favorable then its probably fine with me. I don't really block these things without some really good reason. In this case I haven't had a chance to pay much attention to it.

[bigslimvdub]

@smooth
Are you going to merge the website redesign PR?

If the discussion is favorable then its probably fine with me. I don't really block these things without some really good reason. In this case I haven't had a chance to pay much attention to it.

Consensus seems approved to merge even cam agreed.
Also a few other changes need merge like exchange delisting and block explorer add

[bigslimvdub]

I updated the files as needed and the website can be seen here: https://bigslimvdub.github.io/en/

aeon1234 just needs to update his PR and it should be good to go from there. Then additional enhancements can be made.

[mother_trucker_530]

What if everything you ever wanted ... came in a cryptocoin.

AEON COIN --- ***CHRONOS ED. ***

Cryptocoins for people that need gratuitous amounts of freedom!

Sound the alarm because your about to be uncomfortably free.

PRIVATE TRANSACTIONS: you'll be good at them!! RARRRRRRR!!

Youll be so free, Governments will be like SLOWWWWW DOWWWWN and youll be like F@CK YOU and kick them in the face with your FREEDOM LEGS

With all new features like KANGAROO-Twelve!! STABLE BLOCK TIMES!! And

*** MultiSignatureWallets!!***

You've had the Blockchain, now try the BlockTrain

AEON COIN : side effects include UNLIMITED FREEDOM

Use your freedom to fuel SWEET COMMUNIST REVOLUTIONS

"Oh satoshi, why have you forsaken me with Transaction fees?"

When your Coin gives you transaction fees, YOU FIND A NEW COIN

Still not convinced? well check out these testimonials from real AEON coin users:

[bigslimvdub]

What if everything you ever wanted ... came in a cryptocoin.

AEON COIN --- ***CHRONOS ED. ***

Cryptocoins for people that need gratuitous amounts of freedom!

Sound the alarm because your about to be uncomfortably free.

PRIVATE TRANSACTIONS: you'll be good at them!! RARRRRRRR!!

Youll be so free, Governments will be like SLOWWWWW DOWWWWN and youll be like F@CK YOU and kick them in the face with your FREEDOM LEGS

With all new features like KANGAROO-Twelve!! STABLE BLOCK TIMES!! And

*** MultiSignatureWallets!!***

You've had the Blockchain, now try the BlockTrain

AEON COIN : side effects include UNLIMITED FREEDOM

Use your freedom to fuel SWEET COMMUNIST REVOLUTIONS

"Oh satoshi, why have you forsaken me with Transaction fees?"

When your Coin gives you transaction fees, YOU FIND A NEW COIN

Still not convinced? well check out these testimonials from real AEON coin users:

Really? I see you make your way to bitcointalk now rocksteady...

[bigslimvdub]

I'll figure out a way to prove the dev wallet funds.

Hey thanks for getting on this. I know it has been a questionable point for quite some time and it is good to see that there is some fruition with this concern.

I did see Stoffu's points he noted back in 2017 regarding possibly opening up visibility of ring members if funds are transferred. What are your thoughts on this? It looks like you just transferred the funds to the temp wallet a little bit ago

[smooth]

The proof of funds in the donation wallet is posted to the GitHub issue.

I don't know what was meant by opening ring members.

[bigslimvdub]

The proof of funds in the donation wallet is posted to the GitHub issue.

I don't know what was meant by opening ring members.

Just analyzing the blockchain that is all

[smooth]

Just analyzing the blockchain that is all

I view the level of privacy we have (with no ringct and small ring size) as being resistant to overall blockchain analysis, but not necessarily reliable on an individual transaction or output basis. This is a deliberate tradeoff to keep the blockchain light and scalable, keep transaction cheap, and reduce some (unlikely but not impossible) security risks. It is true this means the mostly-public donation wallet could help to further analyze things (though public wallets aid in analysis of Monero too, which has taken a heavier but more private approach).

While not great on its own, the improvements we made over the past few years has hardened things considerably. This includes improving output selection (used to be uniform, which is absolutely terrible), getting rid of ring size <3 then fixing ring size at 3, getting rid of unmixable outputs, and maybe a few others I forgot.

Privacy of individual transactions and outputs (especially older ones made before these improvements) should be treated with skepticism and if you want to be extra careful on your own behalf, you will need to make some extra transfers (also known as churn). The effect of doing so is that all of the transactions in the chain would need to be successfully analyzed to connect the source and destination, which becomes exponentially less likely as the chain gets longer.

[bigslimvdub]

Just analyzing the blockchain that is all

I view the level of privacy we have (with no ringct and small ring size) as being resistant to overall blockchain analysis, but not necessarily reliable on an individual transaction or output basis. This is a deliberate tradeoff to keep the blockchain light and scalable, keep transaction cheap, and reduce some (unlikely but not impossible) security risks. It is true this means the mostly-public donation wallet could help to further analyze things (though public wallets aid in analysis of Monero too, which has taken a heavier but more private approach).

While not great on its own, the improvements we made over the past few years has hardened things considerably. This includes improving output selection (used to be uniform, which is absolutely terrible), getting rid of ring size <3 then fixing ring size at 3, getting rid of unmixable outputs, and maybe a few others I forgot.

Privacy of individual transactions and outputs (especially older ones made before these improvements) should be treated with skepticism and if you want to be extra careful on your own behalf, you will need to make some extra transfers (also known as churn). The effect of doing so is that all of the transactions in the chain would need to be successfully analyzed to connect the source and destination, which becomes exponentially less likely as the chain gets longer.

I was surprised to see the initial few thousand blocks used ring 100. That’s nuts.

[smooth]

I was surprised to see the initial few thousand blocks used ring 100. That’s nuts.

In the early days of cryptonote it was all new and people were just making it up as they went along and doing a lot of experimenting.

It was all pretty ineffective too because ring size 1 was widely used and the effect of chain reactions had not yet been identified and then for a while not fully appreciated.

[bbc.reporter]

Just analyzing the blockchain that is all

I view the level of privacy we have (with no ringct and small ring size) as being resistant to overall blockchain analysis, but not necessarily reliable on an individual transaction or output basis. This is a deliberate tradeoff to keep the blockchain light and scalable, keep transaction cheap, and reduce some (unlikely but not impossible) security risks. It is true this means the mostly-public donation wallet could help to further analyze things (though public wallets aid in analysis of Monero too, which has taken a heavier but more private approach).

While not great on its own, the improvements we made over the past few years has hardened things considerably. This includes improving output selection (used to be uniform, which is absolutely terrible), getting rid of ring size <3 then fixing ring size at 3, getting rid of unmixable outputs, and maybe a few others I forgot.

Privacy of individual transactions and outputs (especially older ones made before these improvements) should be treated with skepticism and if you want to be extra careful on your own behalf, you will need to make some extra transfers (also known as churn). The effect of doing so is that all of the transactions in the chain would need to be successfully analyzed to connect the source and destination, which becomes exponentially less likely as the chain gets longer.

However, this is enough privacy to hide from your spouse on what you have been doing using cryptocoins. Monero might be for users with more serious concerns like money laundering or keywords I do not want to mention to avoid being in the NSA’s list hehehe. Aeon is for hiding porn subscriptions, small purchases of drugs and sex toys hehehehe.

[PAMPT]

@smooth
Are you going to merge the website redesign PR?

If the discussion is favorable then its probably fine with me. I don't really block these things without some really good reason. In this case I haven't had a chance to pay much attention to it.

How does AEON scale? BBW reporter already laid heavy sheets of flattery upon it through his narrative and  persistent pretense of being interested in the coin, however people aint willfully agreed to listening to what reporter says, nor to giving him credit for high speeches raving on outstanding progress u guys have made. Give me the realistic report on what has been done or can the reporter guy.

[bbc.reporter]

@PAMPT. Aeon’s codebase is copied from Monero. I reckon this should be enough to say that Aeon is technically as good as Monero and technically better than many coins in the cryptospace. However, Aeon’s market, adoption and acceptance is one of the worst in the cryptospace.

2016 and 2017 were the years where the community might have found success for this coin if there was more group effort. However, similar to many opensource projects, a small community can only do what it can do.

[bigslimvdub]

How does AEON scale?

The algos have been updated to help spamming and increase the speed of dynamic block size since v0.14.0.0.

Aeon would need to increase its daily block size and volume by at least 10x to start seeing any coherent issues of scaling and or test this functionality. It's highly unlikely an almost 7 year old project would see this happen unless Monero had a doomsday event. For as long as I've known Aeon, its always been the backup for Monero when that happens.

[bigslimvdub]

Snooze mode