Quote from: bbc.reporter on July 08, 2017, 01:00:04 AM

Quote from: smooth on July 06, 2017, 08:39:30 PM

Quote from: g8tguy on July 05, 2017, 02:12:22 PM

Quote from: INRI666 on July 05, 2017, 01:28:28 PM

Does anyone know what happened to the hash rate? It went from 4Mh/s down to 2.75Mh/s. Why the sudden drop?

The coin is abandoned by the dev, the price went down

Please stop the FUD. I have not abandoned anything. I've continued to comment here, reddit, and IRC.

I'm working on finishing up the rebase. The existing code base is fragile, unstable under certain conditions, not used by any other coins any more and needs to be dropped. (I suggested to the exchanges (the ones that I know about) that they disable their wallets until the update is ready because of the observed instability of the network. My recommendation will remain the same until the new release is ready because network instability could lead to major financial losses. These are experimental and complicated systems. Do not expect everything to work perfectly all the time.)

Price will do what it does. Miners will decide whether or not to mine this coin. None of that has any impact on the work being done to improve the coin by deploying a better platform for future development. Yes, there are still plans for future development and the idea is to do something that actually adds value to the cryptocurrency ecosystem and not just another clone.

However you feel about the pace or direction of development, FUD and incorrect statements are not helpful, and paying attention to FUDsters is a good way to get screwed in crypto (not specific to AEON).

BTW, here is where I posted on reddit 3 days ago. If you have the slightest idea how to reddit this would not be hard to find:

https://www.reddit.com/r/Aeon/comments/6kqlzx/what_is_causing_the_sudden_lack_of_confidence_in/djpuxrt/?context=3

Thank you for updating us.

Where do you think Aeon's development might be in the middle of 2018? Will it be ready enough to make us confident to use it as store of value or will it still be an experimental coin?

It is already a store of value! The price will only grow in a long term - now it is very undervalued, considering current block complexity the objective price would be around 35K for a coin. The infrastructure is very well developed, now we have mobile client, and web wallet. the Cryptonote Lite also is a very mobile friendly, so the next step would be a mobile miner. It is only a matter of months until some major player like aeon.co will adopt AEON platform for inner payments and rewards. the blockchain is stable and fast, the coin has great future ahead of it!