Dimension Chain

Dimension Chain EON

$0.0394
Market Cap $ 9.645 MM (#463)
24h Volume $ 21.014 K
Chg. 24h: 3.04%
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Dimension Chain News

@BtcMax2 @AndrewYang AEON is a robust project with a focus o...

@BtcMax2 @AndrewYang AEON is a robust project with a focus on reliability and responsible innovation. That much wil… https://t.co/XrstStngfL

3 months ago

AEON network upgrade to protocol v8 (release v0.13.0.0) comp...

AEON network upgrade to protocol v8 (release v0.13.0.0) completed successfully as planned. Blocks are now being min… https://t.co/ZaUGv2a46x

a year ago

Monero (XMR) Adopts New PoW Algorithm to Fight Off ASICs

Monero (XMR) has to deal with the inflow of specialized ASIC machines taking over mining on its network. After several ASIC-disabling forks, which slightly tweaked the CryptoNight mining algorithm, Monero is planning to switch to an entirely different proof-of-work algorithm to remain resistant. Monero Plans Third ASIC-Disabling Upgrade Toward the end of October, Monero plans an upgrade that will make the network once again easy enough to mine with CPU. The change will do away with CryptoNight and introduce the RandomX algorithm. 1/ The Monero team will soon be changing its proof-of-work consensus algorithm in late October to RandomX. The Monero developer team believes that in order for the network to remain secure, ASICs must be kept off the network. — Jordan Clifford (@jcliff42) October 11, 2019 The Monero network shifted away from ASIC-powered mining on two occasions, in April 2018 and a year later, in the spring of 2019. For the first time, the Monero community noted a marked growth trend in mining in 2018. At first, the growth was ascribed to botnets or crypto hijacking, which harnessed multiple CPUs. However, it turned out there were ASIC and programmable machines that could adapt to CryptoNight. After Monero disabled the ASIC, some switched to the few other coins using the same algorithm. Those include Haven Protocol (XHV), AEON (AEON), and the older Bytecoin (BCN), as well as Electroneum (ETN). The rationale behind disabling ASIC is to return to the one CPU- one vote rule based on the Bitcoin White Paper. ASIC mining rigs are significantly more effective at mining than CPU machines, and allows a small handful of people to control a network. Not only does this create a more centralized network, but because ASIC equipment is typically expensive it also prevents miners with lower incomes from participating. ASIC Not Really the Enemy ASIC resistance, however, is not adopted by all projects. Ethereum (ETH) decided against a disabling fork. Other projects, like Siacoin (SC), decided on specific ASIC resistance to disable the machines by Bitmain, while favoring a native brand by the project’s founder, Obelisk. Supporters of ASIC mining believe the large-scale operation makes coins more secure. CPU-based mining is less efficient, and in the case of Monero, may encourage more illegal mining. XMR has met harder times with a more subdued market price. The recent ASIC-disabling fork is seen as a setback against the project, with another crash in mining predicted. The past few forks did not spell the end of the Monero project, but removed the coin from a booming mining industry. In the meantime, coins like Bitcoin (BTC) took over mining, and even Litecoin (LTC) showed significant activity. XMR trades at $53.58, a far cry from its peak prices near $1,000. XMR is on track to slide away from the top 15 of coins, also depressed from a recent series of delistings. The anonymous features of XMR are no longer a selling point, as most exchanges require de-anonymization and increased transparency following new FATF measures. What do you think about the change of Monero’s algorithm? Share your thoughts in the comments section below! Images via Shutterstock, Twitter @jcliff42 The post Monero (XMR) Adopts New PoW Algorithm to Fight Off ASICs appeared first on Bitcoinist.com.

a year ago

@BobMcElrath @derose I don't personally know if it will work...

@BobMcElrath @derose I don't personally know if it will work and share skepticism (AEON, a Monero fork, is taking a… https://t.co/93T4lnfdDo

a year ago

@BryceWeiner That being said, AEON is a Monero fork which ha...

@BryceWeiner That being said, AEON is a Monero fork which has not continued Monero's philosophy on this and is open… https://t.co/h4mIUCWx9r

a year ago

AEON is preparing for our next major update and needs tester...

AEON is preparing for our next major update and needs testers. If you would like to participate, please join in and… https://t.co/2sb1rfzwfW

a year ago

@mmrosati_92 @TheStalwart 1. AEON is like 1% or my crypto ho...

@mmrosati_92 @TheStalwart 1. AEON is like 1% or my crypto holdings. 2. If you want a serious answer, the "blockchai… https://t.co/MQqvouZEl1

a year ago

Crypto Market Watch May 28: Market Cap Exceeds $270 Billion As BTC Reaches For $9K

The last 24 hours were filled with excitement as Bitcoin’s price surged above the $8300 and $8690 levels for the first time in a long time, which might be an indication that the crypto winter is finally over. Although Bitcoin is currently marking an insignificant loss of 0.19% at press time, the cryptocurrency posted a new 2019 high price at $8,952 during the early hours of today. While BTC price is currently trading at $8,720, we could see the cryptocurrency break the $9,000 mark before the weekend. As expected, the rest of the crypto market responded positively to the recent Bitcoin rally. Ethereum is still pushing towards the $300 levels, with its current price at $269. XRP, BCH, EOS, LTC, BNB, Stellar, and ADA are trading at $0.42, $432, $7.8, $113, $33, $0.13, and $0.088 respectively. The total market cap is ~$272 billion | Bitcoin’s market cap is ~$154 billion | BTC dominance at 56.8% Major Crypto Headlines Yahoo Japan-Backed Crypto Exchange Taotao Launches This Week: The exchange dubbed Taotao will go live in less than two days and will offer trading in both Bitcoin and Ethereum at launch. Wife Wants Divorce Over Husband’s Failed $200k Bitcoin Investment: A Swiss man is at the verge of losing his wife after he lost $200k in trading Bitcoin during the crypto winter of 2018. Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users: The researcher made an official post about the serious vulnerability in WalletGenerator.net, which has been in effect since August 2018. Most Significant Gainers And Losers AEON (146.34%) Aeon (AEON) finally rallied past the $0.6 resistance level and is currently consolidating gains of 146.34% against the US dollar. The coin now holds a new three months high price at $2.01 but is currently trading at $1.60 with a market cap of $25,308,771. OLXA (127.43%) OLXA emerged as one of the most significant gainers on the day. The altcoin currently holds gains of more than 120% against the dollar, with its current trading price at $0.0021 and a daily volume of $821,338. Influence Chain (-51.95%) INC token is not doing well on the hourly chart. After gathering a bullish momentum within the last few days, which pushed its price to one month high of $0.4, INC is now struggling with the bears to stay above the $0.15 marks. At the time of this writing, the token was exchanging hands at $0.0178 with a daily volume of $981,664. The post Crypto Market Watch May 28: Market Cap Exceeds $270 Billion As BTC Reaches For $9K appeared first on CryptoPotato.

a year ago

How to Mine Aeon, Step by Step (with Photos)

How to Mine Aeon, Step by Step (with Photos) Digital assets are fast becoming an integral part of the financial scene, and cryptocurrency mining may be the key to digital asset availability for many. At the same time, mining can be perceived as a technical challenge. Fortunately, mining newer digital assets such as AEON is

a year ago

Scaling Smart Contracts: Interview With æternity (AE) Developer Nikita Fuchs

Launched in 2017 via an ICO for its Aeon (AE) token, the project aims to offer a more scalable smart contract platform. Moving smart contracts off-chain, the platform also utilizes “decentralized oracles” which allow for data from outside sources to be used in smart contracts on the platform.

a year ago

Scaling Smart Contracts: Interview With æternity (AE) Developer Will Fuchs

Launched in 2017 via an ICO for its Aeon (AE) token, the project aims to offer a more scalable smart contract platform. Moving smart contracts off-chain, the platform also utilizes “decentralized oracles” which allow for data from outside sources to be used in smart contracts on the platform.

a year ago

Video: Aeternity Is Fast, But Can It Catch Up?

Today’s Video Briefing takes a look at one of this week’s big winners: Aeternity. The Aeon token showed strong gains yesterday, but it’s still far downhill from the all-time high. Can this blockchain return to a billion-dollar market cap, or will hodlers be waiting an “aeternity” for it to succeed? Kiana introduces some of the properties that set AE apart, including fast transactions on a highly-scalable, ASIC-resistant network. The platform’s architects have learned a lot from Ethereum’s hard lessons, and designed their blockchain to integrate state channels and oracles from day one. That makes Aeternity technically one of the fastest blockchain networks, but is that enough to overcome ETH’s headstart? Next, Kiana takes a look at the technical charts to assess Aeon’s long-term performance. Yesterday’s strong gains probably won’t last long, but they did test key levels that could suggest future breakouts. Can Aeternity successfully jump over the scaling hurdles, or is it too far behind? Let us know what you think in the comments, and don’t forget to SUBSCRIBE! Join the conversation on Telegram and Twitter! The post Video: Aeternity Is Fast, But Can It Catch Up? appeared first on Crypto Briefing.

2 years ago

@SamouraiWallet @Deafboy_2v1 AEON, unlike BTC, has built in ...

@SamouraiWallet @Deafboy_2v1 AEON, unlike BTC, has built in ambiguity which ensures at least plausible deniability… https://t.co/1WUCJENqNJ

2 years ago

Important maintenance release. All AEON users, exchanges, et...

Important maintenance release. All AEON users, exchanges, etc. are strongly recommended to read the release notes a… https://t.co/uv5pGi3Wwr

2 years ago

@hitbtc @mojo5979 @slatecurrency AEON is a community project...

@hitbtc @mojo5979 @slatecurrency AEON is a community project and literally everything (including this twitter) is r… https://t.co/WDkbFnkjVO

2 years ago

@ArtK0r It was RingCT without bulletproofs that added most o...

@ArtK0r It was RingCT without bulletproofs that added most of the size to the Moenro blockchain (13KB/tx). AEON wil… https://t.co/K2SMb9MQTF

2 years ago


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