Aeon (AEON)

From CryptoWiki

Aeon
TypePrivacy Coin
Ticker symbolAEON
Consensus mechanismProof-of-Work (PoW)
  • Monero Clone; “AEON (Anonymous Electronic On-line CoiN) is a CryptoNote-based coin forked out of Monero and also a privacy focused coin that is aimed towards open-source community to deliver fast and secure payment method while being simple enough to be used by anyone. 
AEON has started as an experiment but then found its supporters and now AEON is fully functional CryptoNote currency.”
  • One XMR developer, Smooth, is the developer of Aeon, he is looked at as the main dev. Some called him lazy, others funny, and some blame him for the Aeon community losing it's momentum.
  • One of the Aeon devs moved over to make his own project: Turtlecoin
  • CryptoNight-Lite
  • Proof of Work
  • Block Time, sec: 240
  • Reward, coins per block: Smoothly varying using the formula (M-A) / (2^18) / (10^12) where M = 2^64 -1 and A = supply mined to date.
  • Total coins: 18400000
  • Premine: No
  • Difficulty cycle, blocks: Retargets at every block