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What is AEON coin and how does it work?

by Financial Economy

Aeon is a blockchain project that aims to provide features such as privacy and usability to its users. Aeon was forked from Monero, the most popular privacy-focused cryptocurrency project on the market. In this article, you can find answers to questions such as what is AEON coin, how does it work, how to get it, which exchange is available on, who is the founder, etc. You can browse here for information about Nebulas (NAS) coin.

What is AEON coin and how does it work?

Just like Monero, Aeon focuses on privacy and anonymous transactions. However, there is a difference from it. The Aeon is much lighter than its relative Monero. This lightness has nothing to do with privacy. Accordingly, the project is much more useful in mobile usage and resource expenditure. Aeon developers manage the project with a mobile focus.

They aim that even mining can be done via mobile devices, without sacrificing privacy. However, the project aims to get ahead of Monero with its features such as speed and high scalability. AEON coin is the native cryptocurrency of the project.

AEON coin features!

Being one of the few projects using CryptoNode technology, Aeon provides the opportunity to perform transactions in a completely anonymous form. The number of such privacy-focused cryptocurrency projects is numerous. However, Aeon also has various features such as privacy, high scalability, mobile compatibility and low fees. Blockchain works with a Proof-of-Work mechanism called CryptoNight-Lite. This means that users can become miners.

Miners can verify transactions with their computers with high processing power. Block verification operations on the network take place within 4 minutes. However, the network is completely decentralized and community-based. Transactions taking place within the ecosystem are hidden from everyone by ring signature technology. However, there is also the ability to perform actions that can be tracked for users who want it. Traceable transactions are verified much faster.

Which exchange is AEON coin on?

AEON coin is listed on some cryptocurrency exchanges such as HitBTC, TradeOgre,etc.

How to buy AEON coins?

AEON coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

AEON token supply!

Total supply of AEON coin is 15.831.459 units.

AEON token price!

As of March 20, 2023, at the time of the writing, 1 AEON Token price is around $ 0.1569 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

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