[ANN] Korvan Network | PoW/MN | Building the Dynamic P2P Web

[KorvanNetwork]

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0000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000
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Korvan is an experimental digital currency forked from Bitcoin 0.16.2 that enables instant payments to
anyone, anywhere in the world. Korvan Network uses peer-to-peer technology to operate
with no central authority: managing transactions and issuing money are carried
out collectively by the network. Korvan is the name of open source
software which enables the use of this currency.

The project name is a play on the archaic word korva meaning edge - referring to the focus we have on developing cutting edge technology and to be the most efficient cryptocurrency for on-chain utilities in the blockchain sector. Korvan will start life as a proof-of-work only blockchain til our titan release is completed which is a currently in active development shortly have launch you can track our progress on branch proof-of-stake note all updates will be released in a easy to understand format bi-weekly. Currently the team consit of Simon a university graduate in computer science looking to change how business is done on the blockchain and Zack a self-taught developer fulent in many programming languages seeking to build disruptive technology. Interested in running a pool or other services built on Korvan feel free to join us on discord to discuss partnerships. A small coin sale [32 Masternodes] on discord will take place to jump start project growth, any unsold coins will be burned. These funds will cover exchange listing fees, design cost, marketing, and roadmap development. Each feature in our roadmap will have it's own whitepaper followed by the Korvan purplepaper currently being refined.

Korvan is second blockchain to use Balloon a hashing function that demonstrates memory-hardness while also using a small memory-footprint to verify proofs, this makes it possible for low-memory devices to run full network nodes. Balloon supports both CPU and GPU mining, balloon could be considered a modular proof-of-work algorithm based around how easy it is to introduce different inputs length, memory cost and mixing parameters so we can prevent asic and fpga mining. Special thanks to barrystyle for porting balloon for proof of work use. Balloon hash whitepaper:https://eprint.iacr.org/2016/027.pdf

Discord
Website
Block Explorer

Launched: Sunday, August 26, 2018 12:00:00 AM EDT

Specifications

Algorithm: Balloon(128/4)
Difficulty Algorithm: D601
Unit: KVN (U+1F13A) **🄺**
Block Max Size: 8 MB
Max Block Serialized Size: 16 MB
Block Time: 45 seconds
Block Reward: Slowly increases over 10k blocks to a max of 10 KVN
Block Maturity: 200
TPS: 500+
Max Supply: 22M
Premine: 3%
Atomic Swaps: Compatible
Native Segwit: Compatible
Masternode payments enabled after block 12k
Masternode Collateral: 10000 KVN
Masternode Reward: 25% of block reward

Korvan Downloads

Current build: 1.0.0.2 Finney

Win32: Download

Win64: Download

Linux64: Download

OSX: Download WIP

Source: Github

CPU Miner

Windows: Download
Linux: Download
OSX: Download WIP

GPU Miner

(Nvidia only currently)

Windows: Download
Linux: Github

Finney Roadmap

Port masternode technology from Dash 12.3 ✔️
Change Difficulty Algorithm to handle 45 second blocks ✔️
Vertical appmenu and theme engine with dark/light style ✔️
Support large blocks via Segwit ✔️
Native Bech32 addresses ✔️
Balloon Proof-of-Work (128kb per thread/4 mixing rounds of AES) ✔️
Generate config on first launch ✔️
In-wallet cpuminer ✔️
Public Mainnet Release ✔️

Titan Roadmap

Multi Proof-of-Work algorithm support
Proof-of-Stake with cold staking support
Complete HD wallet with hardware wallet support
Encryption between all peer-to-peer connections inspired by BIP151
kPrivacy - Stealth addresses and bulletproofs
kChains - Deploy private/public nanochains atop Korvan
kFiles - Save files across the encrypted masternode network
kWeb - An alternative internet protocol without ad tracking and data mining

Join Us

Seeking members experienced in crypto

[1714796176]

1714796176

[fr4nkthetank]

Can you give better details on the block rewards, masternode rewards, etc ?  

[KorvanNetwork]

Can you give better details on the block rewards, masternode rewards, etc ?  

Just updated the ann with more info on covering masternodes, block reward will be 10 KVN after the instant mine protection period ends on block 10K. During this period blocks will start around 0.0002 and increase each block.

- Zack

[101nowby]

I want to know in more detail
"Complete HD wallet with hardware wallet support"
in which social networks do you plan to introduce yourself?

[KorvanNetwork]

I want to know in more detail
"Complete HD wallet with hardware wallet support"
in which social networks do you plan to introduce yourself?

Full BIP 39 and BIP44 with the ability to use your existing hardware seed phrase to generate Korvan addresses and privkeys.
This is to make recovering funds easier for the end user. Will cover mainly twitter to start, more to come on our identities soon.
But currently I am open for voice chat if anyone would like!

- Zack

[kafkaibnu]

I'm in, seems the project looks good, good luck devs.

[CryptoAtom]

What is Algo Balloon? How to mine this coin. Can any one tell me which miner software should use to mine this coin. Most of the MN coins are trash, they are creating for money once their bags filled will stop project, I hope this project can't do that.

[KorvanNetwork]

What is Algo Balloon? How to mine this coin. Can any one tell me which miner software should use to mine this coin. Most of the MN coins are trash, they are creating for money once their bags filled will stop project, I hope this project can't do that.

Hello just updated the ann with details on Balloon hash, you'll be able to mine with cpu and nvidia gpu when we launch. Yes we understand that, we only plan to raise the initial funds to speedup project growth to be able go head-to-head with similar projects backed by millions of investor dollars. I am open to chat if anyone has anymore questions!

- Zack

[cryptomaxsun]

Russian translation - https://bitcointalk.org/index.php?topic=4954220.0
Welcome!

[kafkaibnu]

Russian translation - https://bitcointalk.org/index.php?topic=4954220.0
Welcome!

Join in our discord channel, there are much info to shares https://discord.gg/FF26DyN

[bitcoinL]

hello dev, Chinese translation reserved! Thank you !

[ThisCoinTime]

For once new and fresh information about the project with pow (cpu-gpu) and pos, explained the technical base and it pleases, we will follow!

[KorvanNetwork]

For once new and fresh information about the project with pow (cpu-gpu) and pos, explained the technical base and it pleases, we will follow!

Thank you for your interest in Korvan hope to see you in 15 hours when we launch!

- Zack

[KorvanNetwork]

Hello all, if your interested in our masternode presale note it will begin shortly after we launch tomorrow, don't miss out while Korvan is in it's infancy. Any questions I'm available on discord to answer them cheers! (Voice/Text)

- Zack

[aduvkl42]

 korvan network is a big project. There should be a larger work team to develop this token. ico needs to scale to make us more twork istrustworthy about it.

[KorvanNetwork]

korvan network is a big project. There should be a larger work team to develop this token. ico needs to scale to make us more twork istrustworthy about it.

Correct funding will allow for us to expand our current goals and hire more developers as we progress the current titan roadmap, which we believe will put Korvan in the media spotlight as kChains and kWeb overtake other systems created by various parties focused around similar technology.

- Zack

[barrysty1e]

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0000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000
0000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000

Korvan is an experimental digital currency forked from Bitcoin 0.16.2 that enables instant payments to
anyone, anywhere in the world. Korvan Network uses peer-to-peer technology to operate
with no central authority: managing transactions and issuing money are carried
out collectively by the network. Korvan is the name of open source
software which enables the use of this currency.

The project name is a play on the archaic word korva meaning edge - referring to the focus we have on developing cutting edge technology and to be the most efficient cryptocurrency for on-chain utilities in the blockchain sector. Korvan will start life as a proof-of-work only blockchain til our titan release is completed which is a currently in active development shortly have launch you can track our progress on branch proof-of-stake note all updates will be released in a easy to understand format bi-weekly. Currently the team consit of Simon a university graduate in computer science looking to change how business is done on the blockchain and Zack a self-taught developer fulent in many programming languages seeking to build disruptive technology. Interested in running a pool or other services built on Korvan feel free to join us on discord to discuss partnerships. A small coin sale [32 Masternodes] on discord will take place to jump start project growth, any unsold coins will be burned. These funds will cover exchange listing fees, design cost, marketing, and roadmap development. Each feature in our roadmap will have it's own whitepaper followed by the Korvan purplepaper currently being refined.

Korvan is the second blockchain to implement the 'Balloon' memory-hard hashing function, superior in strength to Argon2, while remaining resistant to cache/side-channel attacks.
Additionally, the Balloon Hashing function does not require anywhere near as much memory to demonstrate its memory-hardness; making it possible for low-memory devices to verify proofs. Balloon supports both CPU and GPU mining. Balloon makes it easy to introduce different length inputs, memory and mixing parameters so we can always prevent asic and fpga mining. Whitepaper: https://eprint.iacr.org/2016/027.pdf

wheras i dont mind people cloning the balloon algorithm (was bound to happen); i do take issue with most of the content/ANN being ripped directly from deft (https://bitcointalk.org/index.php?topic=4396753.0).

barrystyle/deft.

[KorvanNetwork]

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0000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000
0000000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000

Korvan is an experimental digital currency forked from Bitcoin 0.16.2 that enables instant payments to
anyone, anywhere in the world. Korvan Network uses peer-to-peer technology to operate
with no central authority: managing transactions and issuing money are carried
out collectively by the network. Korvan is the name of open source
software which enables the use of this currency.

The project name is a play on the archaic word korva meaning edge - referring to the focus we have on developing cutting edge technology and to be the most efficient cryptocurrency for on-chain utilities in the blockchain sector. Korvan will start life as a proof-of-work only blockchain til our titan release is completed which is a currently in active development shortly have launch you can track our progress on branch proof-of-stake note all updates will be released in a easy to understand format bi-weekly. Currently the team consit of Simon a university graduate in computer science looking to change how business is done on the blockchain and Zack a self-taught developer fulent in many programming languages seeking to build disruptive technology. Interested in running a pool or other services built on Korvan feel free to join us on discord to discuss partnerships. A small coin sale [32 Masternodes] on discord will take place to jump start project growth, any unsold coins will be burned. These funds will cover exchange listing fees, design cost, marketing, and roadmap development. Each feature in our roadmap will have it's own whitepaper followed by the Korvan purplepaper currently being refined.

Korvan is the second blockchain to implement the 'Balloon' memory-hard hashing function, superior in strength to Argon2, while remaining resistant to cache/side-channel attacks.
Additionally, the Balloon Hashing function does not require anywhere near as much memory to demonstrate its memory-hardness; making it possible for low-memory devices to verify proofs. Balloon supports both CPU and GPU mining. Balloon makes it easy to introduce different length inputs, memory and mixing parameters so we can always prevent asic and fpga mining. Whitepaper: https://eprint.iacr.org/2016/027.pdf

wheras i dont mind people cloning the balloon algorithm (was bound to happen); i do take issue with most of the content/ANN being ripped directly from deft (https://bitcointalk.org/index.php?topic=4396753.0).

barrystyle/deft.

A small section about the proof of work algorithm that simply covers technical facts nothing to be upset over it can be rewritten. We respect your work on balloon good luck with deft. Also I have a few questions in regards to balloon if you'd like to join our discord one day cheers!

Edit: Just rewrote it and gave you a special thanks for the work on balloon proof of work.

- Zack

[bebum]

Just read your whitepaper. It’s quite obvious, that the team has great experience and is going to make a cool project

[KorvanNetwork]

We have just launched join our discord!

- Zack