Simple Guide to the Best Aeon Wallets in 2024
As the equivalent to your normal pocket wallet, the digital one helps you not only store your funds but manage them too. Choosing a wallet where you can store your AEON coins could be a difficult task especially if you are not entirely aware of your needs and plans. That’s why I decided to collect and simplify the information for you and present it in the most comprehensive manner so I can make choosing the right solution for you easier.
01.The Best Aeon Wallets
The truth is that AEON wallets are not that many but of course, they have their differences which I will explain in detail now. If you take a quick peek at the table, you will find that the wallets for Aeon are supporting mainly that cryptocurrency and no other coins. If you send different currencies to such wallet address, they will be lost forever. You can also see the OS compatibility, their pros and cons and of course the quick links to their websites. Bear in mind that there are no mobile versions and you can use only web or desktop clients. This is not bad at all because a desktop wallet provides better security measures, a subject which I will explore a bit later. More or less, all wallets offer the same service, but they have different features and tools to manage and maintain its functions. Since we speak mainly of desktop wallets, you need to know that they require a lot of hard-drive space to store the whole blockchain on your computer in order to operate. For now, check out the table below and afterward, I will tell you more about AEON’s security and features.
| Type | Name | Compatibility | Supported Coins | Pros & Cons | Get Wallet |
|---|---|---|---|---|---|
| Desktop Wallets | Full Aeon Review |
AEON Only |
Official AEON Client You Have to Download The Whole Blockchain |
Download | |
| Web Wallets | Full Monero Address Review |
2 Coins |
Paper Wallet Generator Not Convenient for Daily Transaction |
Visit Website |
02. Common Features of Aeon Wallets
The most common features are tightly related with the wallets’ security and properly explained in the next section, dedicated to your privacy and security.
Security and Privacy
As a hardfork of Monero, Aeon uses the CryptoNote hashing algorithm and it shares some common features. For example – ring signatures, which make transactions basically untraceable and also utilize the system to wire funds without revealing any identifying information of the participants. Two of the representatives are AEON core wallets and they are absolutely open-source code, meanwhile, the third one offers paper wallet generator.
Open Source
Any user can verify or even alter the code or suggest improvements to the network’s community
Disclose Information
Because Aeon is a private coin no transaction on the network provides any information to 3rd parties
Secure Aeon Wallet to Consider
Transaction Fee Management
With Aeon, you won’t have any options to change or amend your fees but the greatest part is that they are fixed and equal to 0.01 AEON regardless the size of the transaction. In case it is too large, you should split it in two and each transaction will appear with a 0.01AEON fee.
03.FAQ
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What’s the difference between Aeon and Monero?
I can point out 2 major differences; the mining algorithm of Aeon is a bit lighter than Monero, which increases the number of verifications on the blockchain per minute and the speed of processing. Secondly, with Aeon you can choose to reveal your identity and allow transactions to be traced to your address, with Monero there is no such option.
04.About Aeon
As a hardfork of Monero, Aeon has some similarities but at the same time, the goal behind the project is a bit different. In a manner of facts, it was announced and launched on the same day (6th of June 2014) without any pre-mined coins. Aeon is an open source cryptocurrency based on Cryptonight-Lite algorithm which is using Proof-of-Work and its absolutely CPU/GPU friendly. The ultimate goal is to be a mobile-friendly version of Monero available for miners without expensive equipment, allowing them to use their mobile devices in the mining process.
The truth is that mobile mining is not yet available but other features are making a strong impression. Aeon blockchain network is a secure environment with impressive anonymity. Every user is capable of transferring funds without disclosing any identifying information and keep a low profile if they want to. Just have in mind that this is optional, with Aeon you can reveal your data if you wish to. There are competitors which are following the same privacy-centered cryptocurrency model like Zcash, Dash, Bytecoin and more.