So Monero is rubbish now?
No
Its strange to see monero devs or supporters jumping/launching a new coin.
It's not a new coin, it was launched about 6 weeks after Monero last year. Nobody is jumping either.
Its only shows luck of faith into monero, and it seems as xmr is already a lost cost, so it time to start new coin.
There is no lack of faith. I explained how I view them as having distinct roles. If you don't think this coin has a viable role then don't buy it. If your analysis turns out to be correct the eventually this project will fail, the coin will be abandoned, and Monero will still be there.
This seems as a conflict of interest when a monero dev to work on a competitive cryptonote coin. Its already causing confusion in this forum, seeing other posts.
In my opinion the crypto community is too dog-eat-dog competitive and all that gets you is a lot of eaten dogs, with a few survivors exhausted from fighting to not be eaten. We need to accept reality that hypercryptoization is not right around the corner and the path forward is experimentation, different approaches, and friendly competition that makes us all do better rather than viewing everything as a zero sum conflict.
The time for natural consolidation of the market around one or a few successful solutions will likely come, but it is not now.
I'll add that any Monerian that doesn't see the upside of a Monero-forked technology entering the economy mobile sector for a whopping .003 cents a coin, needs to reevaluate their evaluation process. It's a different market, folks. A Monero sidechain maybe addresses it a couple to a few years down the road, but why wait? To what benefit? Bitcoin doesn't benefit from an ALL-THE-MARKETS-FOR-ME-COMPLEX, it
suffers from it--so maybe not the best line of reasoning to adopt if you want to keep your investments grounded in a competitive reality.
I fully agree, that one-coin for every possible use case is not good. Competition is good, thus I also watch boolberry or other cryptonote coins.
I'm more concerned with the following. Smooth is core dev of Monero and at the same time lead developer of Aeon. Thus there maybe some conflict of interest there. Maybe smooth has too much invested in aeon, both in time and money, to fully work on monero, or even sabotage it if aeon wont be growing as fast as he thinks. Or the opposite.
I dont know much about him. Maybe he is supper cool and honest person, and such scenerio wound not be possible ever. I dont know. Maybe its natural for one dev to work on few coins at the same time. I dont know either. I'm pretty sure that many ppl who are new to crypto, and especially monero, may also think similar. Or they may think, just like me, that monero is no more as monero dev is leaving/transiting to work on other coin. And many similar questions like this can be possible.
Maybe somewhere some clear 'official' statement regarding this should be made. On monero website or on eaon website. I dont know how crypto-world deals with such issues.
Also something that Aeon is targeting different market/niche than monero is, if it is indeed, could be useful. I even dont know if this is the case. Is Aeon aimed to overtake and compete with monero? Or is it like relationship between Fedora and RHEL, Where Fedora is more of a test bed for RHEL. Therefore RHEL, at the end, always benefits from the time and effort spend on developing in Fedora? Monero off course being RHEL, and Aeon being Fedora?