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A lightweight CryptoNote digital currency

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Presentation on theme: "A lightweight CryptoNote digital currency"— Presentation transcript:

1 A lightweight CryptoNote digital currency

2 Presentation Outline What is Aeon? Specifications Features
What is the difference to other CryptoNight coins? How can i obtain Aeon coins? The Community / Downloads Reference list

3 is a lightweight digital cryptocurrency
1. What is Aeon? Anonymous Electronic On-line CoiN is a lightweight digital cryptocurrency

4 2. Specifications Proof of Work algorithm: CryptoNight-Lite
Max supply: ~18.4 million Block reward: smoothly varying Block time: 240 seconds Difficulty: retargets at every block Block reward: (M−A) / (218) / (1012) A=current supply, M=total supply

5 3. Features Privacy AEON uses a cryptographically sound system. This ensures that your purchases, receipts, and all transfers remain absolutely private by default.

6 3. Features Security Each transaction is secured with robust cryptography and distributed through a global peer-to-peer consensus network.

7 3. Features Untraceability
AEON uses ring signatures to make transactions untraceable, meaning it is very difficult for blockchain analysis to determine if funds have been spent.

8 3. Features AEON seeks to be a lightweight-Monero. While still drawing from the technical advantages of Monero and CryptoNote, AEON has distinct development goals and an independent community that enable it to thrive as its own currency.

9 4. What is the difference to other CryptoNight coins?
Mobile-friendly 1 MB scratchpad allows AEON to run efficiently on mobile devices alongside regular laptops and desktops. Blockchain pruning for scalability Pruning allows the blockchain to stay small and not outgrow devices with limited storage. This feature also improves anonymity by reducing age- based attacks. Different proof-of-work AEON's lightweight PoW (CryptoNote-Lite) allows for faster verification of the blockchain.

10 4. What is the difference to other CryptoNight coins?
Fast syncing Compared to Bitcoin variants, CryptoNote coins typically have higher verification, leading to more orphaned blocks. AEON helps this issue by using a 4-minute blocktime, reducing sync by a factor of four. Coupled with our lighter PoW, sync times on lower end devices can be improved by 10x or more. Optional lightweight transfers As a CryptoNote coin, payments are still anonymous by default. But unlike Monero, AEON also allows for traceable transfers. These are a faster lower-fee option for non- sensitive payments, like transferring to/from exchanges.

11 5. How can i obtain Aeon coins?
Mining: Solo/Pool Mining with CPU/GPU Trading: Bittrex: AEON/BTC HitBTC: AEON/BTC OTC: AEON/XMR Block Explorer Current value of AEON ( )

12 6. The Community / Downloads
Website: IRC: #aeon BitcoinTalk: AEON [ANN] Reedit: Aeon Current Release ( ) Bootstrap for Linux-x64 (Phantas ) Bootstrap for Win-x64 (Phantas ) Bootstrap for OS X (sammy ) GUI Windows (h0g0f0g0) Branding Pack 13.1 (Dropbox)

13 isn't just a currency. It's a lifestyle.

14 Thank you for your attention!
;)

15 7. Reference list


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