Cryptoindex.com 100 CIX100 to Aeon AEON Exchange

Crypto Pair Details: CIX100 to AEON

Cryptoindex.com 100 CIX100

'Cryptoindex.com 100 (CIX100) is a digital expression of the top coins that continuously recalculates itself. The index represents a mathematically computed value of all the coins, included in the structure of the index, which is changing every second along with the movements of their price. It is integrated with the multitude of main cryptocurrency exchanges, tracking of tens of millions of trades and orders per day. The unique aspect of Cryptoindex is that it tracks the entire crypto market, not just the Bitcoin space but taking into account the likes of Ripple and Ethereum and etc. Over 1,800 coins are put through our fixed set of filters, which provides around 500 coins as a rough output. Data is collected from cryptocurrency exchanges, news, social media, such as Twitter, GitHub, and other sources. The collated data is used to extract over 200 factors that create a refined ranking in the index. Then, the factors are fed into the neural network, creating a final rating of coins, with the top 100 coins making up the Cryptoindex 100. Rebalancing of the Cryptoindex 100 happens monthly, when the composition of the index is changed by up to 22% on average. '

Aeon AEON

Aeon is a mobile-friendly, lightweight privacy coin. Similar to the way that Litecoin is a lighter supplement to Bitcoin, you can look at Aeon as Monero’s little brother. The Monero community is wholly focused on privacy and anonymity for the end-user. This focus has its perks but has caused the coin to fall behind from a usability standpoint. Aeon builds upon Monero’s CryptoNote hash while adding some lightweight functionality of its own. Aeon is the lighter, faster version of Monero. Although both projects share the same underlying privacy protocol, CryptoNote, Aeon is striving to be more accessible. The project is doing so by implementing a lightweight mining algorithm, smaller blockchain, and optional anonymity. As Monero grows, Aeon could very well grow with it. While you would use Monero for transactions in which you want to assure privacy, you may find Aeon to be a suitable substitute for day-to-day exchanges in which guaranteed anonymity isn’t as important.

SOURCE: COINGECKO

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