Request to Smooth for proof of dev fund. #215

ghost · 2021-02-25T03:47:23Z

I would like to make a request that Smooth provide proof of dev funds.
This funds has never been confirmed to exist because we are limited to the view wallet perspective.

They, @iamsmooth, can accomplish this by locking the funds in a tx for a small number of blocks.
When all of the funds have been locked simultaneously,
the tx keys can be shared publicly under get_tx_proof
Then the sum can be formed to calculate the amount in the dev fund wallet.

I believe this can be a good show of transparency.

BigslimVdub · 2021-02-25T13:51:27Z

There have been many requests for this in the past 5 years and all have ended in the same result. To clear the matter and bring legitimacy to the project and smooth long term there should be absolute clarity on the concern however even if there are coins it really doesn’t matter because whoever owns the keys owns the coins. If @iamsmooth owns the keys he owns the coins if there are any left.

Personal wallet != “dev fund wallet”. I think a lot of people misconstrue the difference between those.

The community funding wallet solved this issue on https://www.aeonfunding.com allowing all viewers to know the current balance so long as the site is not down.

ghost · 2021-02-25T15:54:40Z

So Big Slim are you in support of this request?

ghost · 2021-02-25T16:04:56Z

I believe smooth would save the coins to be used for AEON and not their self. Given an opportunity to prove it, and enough community support, I think they would gladly agree to show proof of funds as i described in the first post. Largely smooth is very encouraging towards the project.

iamsmooth · 2021-02-25T17:28:20Z

This is a good idea, and I will see that it happens ASAP. It will be a little tedious to implement because the donations are in a very large number of mostly small outputs, so it will need to be consolidated first.

The donations have mostly not been touched apart from a few (publicly stated) situations where they were used to pay bounties.

iamsmooth · 2021-02-25T17:31:24Z

BTW, there is also a BTC donation address which is transparent. The address is in the bitcointalk thread (maybe also on the web site?). It received one donation a while back which has not been touched (and has obviously gained value due to BTC price appreciation)

ghost · 2021-02-25T18:10:44Z

Thanks Smooth I am glad you have agreed. I will help to assemble some transparency report after the proofs are provided to document what has been distributed to where and how others can also audit the proofs themselves.

BigslimVdub · 2021-02-25T18:23:47Z

Smooth, I believe that prior donations and tx are negligent so long as today’s count can be verified for Aeon. Additional donations outside aeon would be nice if the count is more than a small amount (say a few hundred dollars worth).

iamsmooth · 2021-02-25T19:08:43Z

@BigslimVdub I didn't understand that comment.

iamsmooth · 2021-02-25T19:11:05Z

@yorha-0x If I'm not mistaken the tx proofs aren't even needed, since the view key for the donation address is public. If the coins are resent back to that address and locked, it can be seen that they arrived there (via view key) and unspent (since locked).

BigslimVdub · 2021-02-25T19:15:49Z

@yorha-0x If I'm not mistaken the tx proofs aren't even needed, since the view key for the donation address is public. If the coins are resent back to that address and locked, it can be seen that they arrived there (via view key) and unspent (since locked).

This would probably be the easiest and quickest way to prove.

@BigslimVdub I didn't understand that comment.

Sorry, I was referring to not needing to show past donations only the current balance. I think simply sending the coins to your own wallet would allow visibility via pub view key as mentioned above however the block(s) would be interesting if indeed there are 750k coins since the tx would most likely have to be split to multiple tx

iamsmooth · 2021-02-25T21:45:45Z

I don't think there was ever 750k coins. My recollection was about 450k but I could be wrong. It's posted on bitcointalk, whatever it was (should be about the same now, unless someone made a large donation I'm not aware of).

ghost · 2021-02-25T22:19:31Z

I loaded up the wallet once. It was closer to smooths estimate. Also agreed on not needing tx proofs, that is simpler method to just use view key.

BigslimVdub · 2021-02-25T22:55:23Z

I don't think there was ever 750k coins. My recollection was about 450k but I could be wrong. It's posted on bitcointalk, whatever it was (should be about the same now, unless someone made a large donation I'm not aware of).

Sorry I stand corrected however this was from 2017. Also note btc wallet

https://www.reddit.com/r/Aeon/comments/7a8b2y/aeon_dev_funds/

ghost · 2021-02-26T01:42:20Z

Is this the only recorded use of dev funds? ~ 40 K
https://www.reddit.com/r/Aeon/comments/83iv5y/rebase_payouts_under_way/

Thanks for link Bigslim

AEON address: WmsSWgtT1JPg5e3cK41hKXSHVpKW7e47bjgiKmWZkYrhSS5LhRemNyqayaSBtAQ6517eo5PtH9wxHVmM78JDZSUu2W8PqRiNs
View Key: 71bf19a7348ede17fa487167710dac401ef1556851bfd36b76040facf051630b

BTC address: 12Cyjf3qV6qLyXdzpLSLPdRFPUVidvnzFM

ghost · 2021-02-26T01:44:10Z

Looks like there is BCH sitting there too from fork, .81

iamsmooth · 2021-02-26T02:41:54Z

@yorha-0x There were some smaller payouts for things like updating miners and pool code, maybe some other small dev tasks. They're buried in the bitcointalk thread somewhere. Mostly the original 400k+ which largely came from an anonymous donor early on as well as some months/years of mining by seed node servers (when CPU mining was efficient) paid for by me (plus various other donations from the community), is all still there.

BigslimVdub · 2021-02-26T03:46:32Z

Looks like there is BCH sitting there too from fork, .81

Dont forget about bitcoinSV ;) https://blockchair.com/search?q=12Cyjf3qV6qLyXdzpLSLPdRFPUVidvnzFM

ghost · 2021-02-26T04:01:38Z

Oh yeaahh * Koolaid man *

ghost · 2021-02-26T04:37:16Z

@iamsmooth Ok great. Standing by.

ghost · 2021-02-26T05:18:27Z

Collected some tidbits from bitcoin talk suggesting 29000 in bounties

10000 AEON - pool software upgrade bounty
9000 AEON - GPU miner upgrade bounty
10000 AEON - Wolf0 miner and upgrade


July 16, 2015, 07:47:17 PM

Starting bids:

pool software: 10000 AEON

tsiv miner: 10000 AEON

I'm awarding the contract for the pool upgrade bounty to MoneroMooo for 10 000 AEON.

myagui and MoneroMooo are awarded the contract to upgrade the tsiv nvidia miner for 9500 AEON.


  ' Author',
  'Topic: [ANN] AEON: Scalable, private, mobile-friendly cryptocurrency \xa0'
  '(Read 619087 times)',
  '',
  'MoneroMooo',
  'Legendary',
  ' Offline',
  'Activity: 1280',
  'Merit: 1001',
  'Re: [ANN] AEON Gen 2 Cryptonote, Anon, Mobile-friendly, Scalable, New '
  'roadmap+Dev',
  'July 16, 2015, 01:57:48 PMLast edit: July 16, 2015, 03:11:52 PM by '
  'MoneroMooo',
  ' \xa0#1261',
  'Quote from: myagui on July 16, 2015, 01:44:17 PM@Moneromoo : Could I be '
  'awarded with the nvidia compilation / testing ? \xa0Sure Edit:QuoteEdit: '
  'For the joint effort with Moneromoo, I bid my portion of the task at 4500 '
  'AEON.Same. So a joint bid of 9000.',

Re: [ANN] AEON -- MANDATORY UPDATE, HARD FORK BLOCK 592000 (approx 2015-08-04)
July 22, 2015, 07:24:56 PM
	
Reply with quote  #1327
Quote from: dnaleor on July 22, 2015, 01:43:31 PM
The OTC topic had some nice volume, so it's time for a new donation. I'll donate 700 AEON, making my total donation 1000 AEON, now worth about 30 XMR Wink

Keep devving guys, you're doing a great job Smiley

Thank you for the donation!

The current donation balance is:

balance: 413537.378217015222, unlocked balance: 413537.378217015222

Spent:

10000 AEON - pool software upgrade bounty
9000 AEON - GPU miner upgrade bounty

19000 AEON - total



  ' \xa0#1327',
  'Quote from: dnaleor on July 22, 2015, 01:43:31 PMThe OTC topic had some '
  "nice volume, so it's time for a new donation. I'll donate 700 AEON, making "
  'my total donation 1000 AEON, now worth about 30 XMR Keep devving guys, '
  "you're doing a great job Thank you for the donation!The current donation "
  'balance is:balance: 413537.378217015222, unlocked balance: '
  '413537.378217015222Spent:10000 AEON - pool software upgrade bounty9000 AEON '
  '- GPU miner upgrade bounty19000 AEON - total',
  
  

Activity: 2618
Merit: 1167



View Profile Personal Message (Offline)
Trust: +9 / =0 / -0
Ignore
	
	
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
December 30, 2015, 05:37:00 AM
	
Reply with quote  #2508
The open source AMD GPU miner bounty of 9000 AEON has been paid out to Wolf0.

Here is our current donation fund balance (various small donations and mined blocks also received since the last report):

balance: 450158.232169665722, unlocked balance: 450125.527120220919


  'Merit: 1167',
  'Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning',
  'January 06, 2016, 07:01:34 AM',
  ' \xa0#2531',
  "Quote from: Wolf0 on January 06, 2016, 06:51:20 AMI'd like to remind people "
  '(AMD miners especially) that due to a mixup, 380 XMR is required to fund '
  'the miner proposal enough for the final performance milestone to be paid '
  "out - when it's funded, I can release the code which completes it. Details "
  'are here (see the comments for information on the mixup): '
  'https://forum.getmonero.org/9/work-in-progress/2400/open-source-amd-miner-by-wolf0The '
  "miner is rather close to Claymore's speeds on Tahiti (7950/7970/280/280X) "
  'and Hawaii (290/290X/295X2) - the latter may even be slightly faster, in '
  'the case of Elpida GDDR5. Current results of the code I have (as of yet '
  'unpublished) are here (nsfw): '
  'https://ottrbutt.com/miner/xmrwolf-12262015.pngWhy should you care? Unlike '
  'most miner optimizations - which cause mostly zero change to profits once '
  'everyone upgrades and difficulty adjusts - this miner will result in higher '
  "profits for miners overall, because it doesn't have the 2.5% Claymore fee. "
  'This means every miner mining with AMD gets more profit than they would '
  'have otherwise. The speed increases will also be pushed to the '
  'Cryptonight-lite version of the miner, allowing people to mine AEON and any '
  "other coin using that PoW with far better speeds - Claymore hasn't made a "
  'miner for these coins, so AMD miners were out of luck until mine was '
  'released.(copied from Monero ANN)The development/donation fund will '
  'contribute 1000 AEON in appreciation for pushing the updated CN-lite '
  'version. That is in addition to the 9000 already paid for the original '
  'development, which did not require improved versions.This will of course '
  'have to wait until the Monero community reaches the final milestone on that '
  'project. Some people here may wish to support that as well (see link above)',
  'btcluka',

iamsmooth · 2021-02-27T02:43:19Z

For reference here is the current balance

Balance: 445400.615362308235, unlocked balance: 445400.615362308235

Obviously that can't be verified by anyone at this point, but we'll get that addressed.

iamsmooth · 2021-02-27T02:50:28Z

For transparency I will be using this temporary wallet to consolidate the outputs currently in the donations wallet

Generated new wallet: Wmu4KRPNzEFe7CByDR8uMSMZKUWxLsYMcVcTSRQFb47gekxeqvFwZxDGyYvrj6zNbfP1tGCsPpMUzcVHHsraz8SK2VnNrM7mT
View key: 6c02ae98d149bb97b7cc5ee7cad7d317c370ad02d34db8f96ed3f1c29a57d003

iamsmooth · 2021-03-01T16:57:29Z

Transaction fab9d1e6731d7fc0dffc1bcfbb2f81448e87693606d7e2077a5b77fdca067c5a sent to the donations account locked for 5000 blocks (about two weeks) with a total of 445369.

There is a small amount missing due to various forms of breakage including a large amount of dust and unmixable outputs in the donations address as well as fees used for the consolidation process.

ghost · 2021-03-02T04:12:29Z

Ok that is great news. Every AEON holder can sleep well tonight.

I went through to calculate I am missing about 32000. Any idea where they could be or how to explain? Were funds consolidated at some points?

Date	Time	Reported Donation Fund	Reported Spent	Reported Received	Actual Received	Difference	Reference
2015-04-30	21:58:33	5494.56612723058	0	5494.56612723058	5494.56612723058	0	https://bitcointalk.org/index.php?topic=641696.msg11244951#msg11244951
2015-07-22	12:51:34	413537.378217015	19000	432537.378217015	435063.506989389	2526.12877237325	https://bitcointalk.org/index.php?topic=641696.msg11945548#msg11945548
2015-09-06	10:48:33	439488.953356883	19000	458488.953356883	461679.330547446	3190.3771905629	https://bitcointalk.org/index.php?topic=641696.msg12346873#msg12346873
2015-12-30	23:22:13	450158.232169666	29000	479158.232169666	483231.460765723	4073.22859605734	https://bitcointalk.org/index.php?topic=641696.msg13396158#msg13396158
2016-08-30	11:39:13	461455.323546531	29000	490455.323546531	494449.909524532	3994.58597800107	https://bitcointalk.org/index.php?topic=641696.msg16092344#msg16092344
2017-11-05	20:43:08	464630.505929712	29000	493630.505929712	501658.091911715	8027.58598200331	https://www.reddit.com/r/Aeon/comments/7a8b2y/aeon_dev_funds/dpee983?utm_source=share&utm_medium=web2x&context=3
2021-02-15	01:22:16	445400.615362308	69000	514400.615362308	546679.871344312	32279.2559820036	#215

ghost · 2021-03-02T04:16:59Z

Here is csv I used.
my_txns.txt
Credit john cross https://monero.stackexchange.com/a/6072

iamsmooth · 2021-03-02T05:16:51Z

You're probably counting change, which is a known issue with view key wallets.

It's never been moved before this proof of funds process.

ghost · 2021-03-02T13:38:47Z

Ok I yeah I forgot about that.

ghost · 2021-03-02T15:21:20Z

Gladly, the majority has been accounted for. Still there is some discrepancy not explainable by change. Something between 2016-08-30 2017-11-05 appears missing possibly a bounty I have not discovered. It is too bad we do not have records for such change transactions, that may be wise to record going forward.

Date	Time	Reported Donation Fund	Reported Spent	Reported Received	Actual Received	Estimated Change	Change added	Difference	Reference
2015-04-30	21:58:33	5494.56612723058	0	5494.56612723058	5494.56612723058	0	0	0	https://bitcointalk.org/index.php?topic=641696.msg11244951#msg11244951
2015-07-22	12:51:34	413537.378217015	19000	432537.378217015	435063.506989389	2526.12877237401	2526.12877237401	0	https://bitcointalk.org/index.php?topic=641696.msg11945548#msg11945548
2015-09-06	10:48:33	439488.953356883	19000	458488.953356883	461679.330547446	2526.12877237401	0	664.248418188945	https://bitcointalk.org/index.php?topic=641696.msg12346873#msg12346873
2015-12-30	23:22:13	450158.232169666	29000	479158.232169666	483231.460765723	3408.9801778681	882.85140549409	664.248418188945	https://bitcointalk.org/index.php?topic=641696.msg13396158#msg13396158
2016-08-30	11:39:13	461455.323546531	29000	490455.323546531	494449.909524532	3408.9801778681	0	585.605800132849	https://bitcointalk.org/index.php?topic=641696.msg16092344#msg16092344
2017-11-05	20:43:08	464630.505929712	29000	493630.505929712	501658.091911715	3408.9801778681	0	4618.60580413492	https://www.reddit.com/r/Aeon/comments/7a8b2y/aeon_dev_funds/dpee983?utm_source=share&utm_medium=web2x&context=3
2021-02-15	01:22:16	445400.615362308	69000	514400.615362308	546679.871344312	27660.6501778691	24251.670000001	4618.60580413492	#215
2021-03-01	17:06:10	445369	69000	514369	1908182.56434431	1389194.95854018	1361534.30836231	4618.60580413486	#215

ghost · 2021-03-02T16:13:24Z

Smooth, can you agree there is total 69000 spent from dev fund? Or maybe you can provide output for aeon-wallet-cli --command "show_transfers" --wallet-file=/path/to/wallet --password 'password' | egrep '^ '| sed 's/^ //g'| sed 's/ \+/,/g' >> my_txns.csv I can dig through it.

iamsmooth · 2021-03-02T18:13:36Z

I don't have an accounting of spending other than what was reported in a fragmented manner on the bitcointalk thread, maybe on reddit, etc. As a result I can't make any statements about how much was spent. I can say that there wasn't any other spending besides what was reported. It is a good implied point that a better job of keeping track of it should have been done.

I can provide the show_transfers.

ghost · 2021-03-02T18:27:13Z

That would be helpful. Perhaps I can piece together some meaningful record, try to identify change inputs and move forward with more transparency in the future. Some level of trust is here no matter what, haha but at least we can have some record. and the funds are proven now so at least that can no longer be in doubt.

iamsmooth · 2021-03-02T22:52:28Z

Is there something of appropriate size paid out right around the time of the BTC donation (see BTC address above)? I vaguely recall that might have been a trade in exchange for some fo the donated AEON with a community member, but I don't recall the details.

iamsmooth · 2021-03-02T22:55:14Z

Oh wait, you can't tell that without the show_transfers. I'll get that uploaded soon.

ghost · 2021-03-04T05:31:19Z

That seems to match the right timeframe but yeah without transfers it is hard to say. I am attempting to document all the actions thus far related to dev funds bounties etc. If it is not too much for you because it would really boost the credibility of the report.

iamsmooth · 2021-03-04T16:39:21Z

Uploaded the log here https://github.com/iamsmooth/aeon-donations-audit/blob/main/aeon-donations-transfers.csv

I removed the large number of transfers at the very end when I was consolidating the wallet. If that somehow turns out to be relevant I can upload those as well

ghost · 2021-03-04T21:38:28Z

Ok, everything has been verified. I wrote the donation fund review here https://docs.google.com/document/d/1X5Ansi0B9ruAaLHoP7v4Xu8vi79AHnLRztDKyvXRzhk/edit?usp=sharing . Possibly this can be added to the website or some other public location.

In summary, totally 517,501.2054 AEON and 0.81 BTC have been received, 72,132.2054 AEON have been spent, and, as of 03-04-2021, there remains 445,369 AEON and 0.81 BTC in the donation fund.

Thank you to everyone for helping with this review.

BigslimVdub · 2021-03-05T00:29:36Z

Ok, everything has been verified. I wrote the donation fund review here https://docs.google.com/document/d/1X5Ansi0B9ruAaLHoP7v4Xu8vi79AHnLRztDKyvXRzhk/edit?usp=sharing . Possibly this can be added to the website or some other public location.

In summary, totally 517,501.2054 AEON and 0.81 BTC have been received, 72,132.2054 AEON have been spent, and, as of 03-04-2021, there remains 445,369 AEON and 0.81 BTC in the donation fund.

Thank you to everyone for helping with this review.

Feel free to add the information to the community repo here as well https://github.com/AEONCommunity/DevFundReview

ghost · 2021-03-05T00:42:05Z

Thanks for the recognition, Dev Slim. Is there any more public location like a twitter account? I feel it will not help to put it in a small repo as it may be even more lost.

BigslimVdub · 2021-03-05T04:18:00Z

Thanks for the recognition, Dev Slim. Is there any more public location like a twitter account? I feel it will not help to put it in a small repo as it may be even more lost.

https://twitter.com/aeoncommunity/status/1367690254199762944?s=21

ghost · 2021-03-05T16:22:42Z

Sweet, hopefully a search engine can pick up on that.

ghost changed the title ~~Smooth, proof of dev fund.~~ Request to Smooth for proof of dev fund. Feb 25, 2021

ghost closed this as completed Mar 4, 2021

ghost mentioned this issue May 20, 2021

Removing/Fixing/Encrypting monero's timelocks monero-project/research-lab#78

Open

This issue was closed.

Request to Smooth for proof of dev fund. #215

Request to Smooth for proof of dev fund. #215

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