[ANN][kVAT] Vavilon - Accelerated Smart Contracts and Decentralized Internet.

[Vitalik Kuliev]

Vavilon is blockchain platform with accelerated smart contracts and decentralized internet.

Website: https://vavilon.site

Telegram chat for discussion: https://telegram.me/joinchat/A1L3IwkWKGrDqC6eH9Y1OA

Whitepaper : https://vavilon.site/Vavilon_whitepaper.pdf

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

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[B1M0]

We are ready to answer all questions!

[adaseb]

Your first name really Vitalik ?

[Vitalik Kuliev]

Your first name really Vitalik ?

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

[cisahasa]

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

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

[mia_houston]

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

[methylminer]

Will POW and ICO run concurrent?

[sshinr]

interesting.. gonna read whitepaper first

[alt213]

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

[DeadBirdzz]

Why not one QUADRILLION Tokens?

Might as well go fucking big innit?

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

[Vitalik Kuliev]

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

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

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

[B1M0]

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......

^^^ this

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?

[Vitalik Kuliev]

Will POW and ICO run concurrent?

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

[DeadBirdzz]

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......

^^^ this

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?

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

 

[SparkIt]

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?

[operabit]

Are u dreamer? yeah we all support this

[Vitalik Kuliev]

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?

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.

[SparkIt]

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?

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

[smokim87]

Anoder one...oh boy.

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

[B1M0]

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?

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

There is a notification about check the SPAM