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Ethereum smart contracts are very expensive (gasPrice) and limited (gasLimit). Vavilon proposes the concept of accelerated smart contracts. Execution and storage of smart contract produced outside of blockchain on delegated nodes. Blockchain is used to store hashes of smart contract code and smart contract data. This approach allows significantly increase the number of smart contract operations and reduce its costs.

Computing power rental market is very promising. Vavilon proposes general way to rent user’s computer power. There are several use cases:

• Media platform (decentralized analog of website with dynamic content).
• Distributed computation (biology, medicine, rendering, big data analysis...).
• Cryptography (brute force, mining…)

Specifications:

• Type: PoW.
• Algorithm: Dagger Hashimoto.
• Virtualization: Virtualbox / Docker.
• Abbreviation: kVAT (kilo Vavilon Application Token).
• ICO Tokens: 1 000 000 000 kVAT.

ICO coming soon...

Translations:
Pyccкoязычнaя вeткa Vavilon: https://bitcointalk.org/index.php?topic=1686008.0

We are ready to answer all questions!

Your first name really Vitalik ?

Yes. My name is Vitalik.
https://www.facebook.com/vitaly.kuliev

Distributed computation (biology, medicine, rendering, big data analysis...).

oh yeh.. heal the world.
big promisesses to gain some money to pay rent?

woooot a huge total supply ICO Tokens: 1000 000 000 000 VAT...Seriouly Dev

Vavilon proposes the concept of accelerated smart contracts a good point

Will POW and ICO run concurrent?

interesting.. gonna read whitepaper first

ICO Tokens: 1000 000 000 000 VAT, coin huge supply is one of failure factors.

Why not one QUADRILLION Tokens?

Might as well go fucking big innit?

One Trillion is just so meh......

The text shows possible use cases for the large number of Linux servers.

Absolute values ​​are not important for economics https://en.wikipedia.org/wiki/Redenomination
We accepted, that it will be more usable. You can use kVAT, MVAT for your convenience.
kVAT and MVAT are more usable then uBTC and mBTC.

What is the problem with huge number of tokens?

What is the question?
The mainnet will be started after ICO.

Absolutely none if you're aiming for a valuation in Litoshis or even shibes (dogecoin)

 ;)

I've been away from altcoins for 2 years.
Dagger Hashimoto is GPU-only, right? How does a 7970 Matrix platinum (1100/1650 without OC, 3gb) perform?

I haven't read up fully since my phone is a bit laggy, is the release date announced?

Are u dreamer? yeah we all support this 8)

Radeon 7970 performance is about 20-25MHs/sec with Dagger Hashimoto. Dagger Hashimoto is GPU only algoritm, ASIC is not usable at this moment.
Subscribe by email on the site (vavilon.site). We will email you when we will start ICO.

Thanks! I've got some stuff to read up on, haha

Done, didn't get the confirmation mail yet though. I've checked spam folder too

Edit: nvm got it now

Anoder one...oh boy.

We'll eventually see one of these scams on American Greed lol.

There is a notification about check the SPAM :)

Read my post, it wasn't in the spam folder. Took about 3 min before I got it  ;)

youre right

Please explain what is the problem?

Russian topic Vavilon:
https://bitcointalk.org/index.php?topic=1686008.0
Whitepaper on rus:
https://vavilon.site/Vavilon_whitepaper_rus.pdf

Problem with rounding on the exchange was mentioned in Russian branch of discussion. So, we decided to make kVAT as main coin at the project.

Now we have figure of 1.000.000.000 tokens  kVAT. We understand, that 1.000.000.000.000 tokens VAT are too much.
Thank you for your opinion, discussion  and help us to correct this amount.

Join the discussion in the telegram: https://telegram.me/joinchat/A1L3IwkWKGrDqC6eH9Y1OA

rent computer。how to protect their privacy should be considered

Privacy of VPS data is not possible in the decentralized network with virtualization. However, there are a number of tasks that do not require privacy and are ideal for such applications.

Questions of privacy and possible applications are discussed in whitepaper.

Thank you very much for the question. We find a positive answer to this question after a few weeks of the research.
Static data can simply be encrypted. Distribution of encrypted keys for specific users can be realized through smart contract.
The data that require processing on a virtual server can be encrypted using the latest developments of the homomorphic encryption. This approach has a lower performance in comparison to the native code, so it should be used in exceptional cases.

good to see your feed back ,support behind you.

We changed the project a lot. The analysis of the market showed that the most demanded direction is GPGPU.

The new name is Artax. Discussion is under the new link:
https://bitcointalk.org/index.php?topic=1873330.0