Difficulty is retargeted after every block generation.Max supply is around 18.4 million coins.Here are some of the AEON specifications in accordance with its official website: The implementation of the pruning makes AEON resistant to the age-based attacks and it helps to establish additional improvement of anonymity within the network.
#Best mining software for aeon upgrade#
Pruning is a feature that aims to upgrade the scalability of the AEON’s blockchain by reducing RAM’s usage required for the interactions with the blockchain. AEON also implements a practice of the “ blockchain pruning” meaning the removal of the information that is stored in the blockchain but is no longer needed.
#Best mining software for aeon verification#
Besides Monero, prominent AEON competitors include such privacy-centered cryptocurrencies as Zcash, Komodo, Dash and Bytecoin.Īside from making mining more approachable, Cryptonight-Lite is accelerating blockchain verification making AEON’s network faster than the networks of the other CryptoNote-based cryptocurrencies.
However, this feature can be turned off by the user so the transaction fees will be lowered, but the transaction and sender information will become public. By default, AEON utilizes cryptographic methods to send funds with no identifying information. AEON is resistant to blockchain analysis and provides untraceable transactions. However, the current technological development of AEON does not provide users with the mobile blockchain interactions.Īs a fork of Monero, AEON also seeks to be a secure and private network. AEON seeks to become a cryptocurrency that would be both mined and used with mobile phones which will significantly broaden the potential user base of this cryptocurrency. The mobile friendliness of AEON makes it suitable for the usage with mobile applications, making it potentially the easiest way of introducing the inexperienced users and users with smaller computing resources than the average miner to the blockchain technologies. AEON has launched with no premine.ĪEON is a fork of Monero and is ultimately a mobile-friendly version of Monero which is more approachable for miners with poor mining equipment and has some additional features. It was announced on Jon the BitcoinTalk forum and was launched on the same day. As a cryptocurrency relying on CryptoNote, AEON, similarly to other coins of the family, uses ring signatures to make transactions untraceable and utilizes a cryptographic system to transfer funds without the identifying information of each user becoming visible on the blockchain. AeonCoin uses a CryptoNight-Lite - a CryptoNote protocol-based CPU/GPU friendly algorithm for the maintenance of its Proof-of-Work. AEON is a privacy driven open source cryptocurrency that allows anonymous payments.
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