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Author Topic: [ANN][POW] Vulkan - PoW Backed Stablecoin Ecosystem  (Read 466 times)
VulkanChain (OP)
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April 09, 2025, 08:45:47 PM
 #1

VulkanChain
Merging Privacy, Scalability & Payments

Introduction
Vulkan Chain is a privacy-oriented proof-of-work blockchain that aims to merge privacy, payments solutions and scalability adapted to emerging trends and regulations. The codebase derives from Monero’s code, making Vulkan transactions private and untraceable with the help of ring signatures and decoy addresses.

Uniqueness

What makes Vulkan truly special is its ecosystem. VectorSwap, Vector Wallet and its own overcollateralized stablecoin USDV planned to launch starting 2025 Q3. Backed by a team of highly experienced developers in the decentralized finance space, VectorSwap is planned to act as a bridge between private and non-private blockchains, subsequently enabling USDV minting, burning and payments on the Ethereum ERC-20 and BNB BSC-20 blockchains. USDV does not inherit the untraceable properties of Vulkan (VUK) by default on smart contract capable blockchains, but the Vector wallet offers an option to anonymize transactions to a certain degree using an output mixing mechanism. This feature allows semi-private peer-to-peer transactions while remaining compliant with regulations.

More details can be found in our Litepaper v2, future Whitepaper: https://vulkanchain.com/vulkan-chain-litepaper-v2.pdf


Tokenomics
Total Supply: 104.4 million VUK ( + tail emissions of 2.8 VUK per block)
Block Time: 120 seconds
Dev Team Allocation: 12.95 million VUK (approx. 12.45% of total supply)
                                Reduced by 5 million VUK after Staking as funding for Staking Pool, a 40.17% reduction and introduction of a 6.5% block reward mining fee as a long term incentive instead of lumpsum team holding
Transparent Team Wallet: https://vulkanchain.com/treasury-tracker (or other proof-of-funds requested)
Mining Algorithm: RandomX Proof-of-Work
Emission Curve: Flatter emission curve compared to Monero, reducing initial inflation and aiding initial distribution
Transfers of over 15,000 VUK from Team Wallet or limits set must be voted by the community.


Roadmap

2024 Q3-Q4 ->
    > VulkanChain Launch
    > Website Revamp
    > Explorer Launch
2025 Q1-Q2 ->
    > First Listing
    > Vector Web Wallet
    > Marketing
    > Staking Implementation
    > VectorSwap DEX Launch
    > Additional Listings
2025 Q2-Q4 ->
    > USDV Launch on BSC-20 protocol
    > USDV Launch on ERC-20 protocol
    > Vector USDV integration

Mining Instructions

Download or compile then generate a new wallet from our Github or generate wallet using Vector Web Wallet
Download or compile mining software (e.g. xmrig: https://github.com/xmrig/xmrig/releases)
Choose a mining pool from the available list of https://MiningPoolStats.stream/Vulkan


Links
Website: https://vulkanchain.com/
Explorer: https://explorer.vulkanchain.com/
Telegram: https://t.me/VulkanChain
Twitter/X: https://x.com/VulkanChain
Github: https://github.com/VulkanChain/
Vector Wallet: https://wallet.vulkanchain.com/
Medium: https://medium.com/@VulkanChain
Discord: https://discord.gg/6DQJh4w5GA


Native GUI/CLI Wallets
https://github.com/vulkanchain/vulkan/releases/tag/v0.1.0.0


Exchanges
Exbitron: https://app.exbitron.com/exchange/?market=VUK-USDT
To be updated on website.


sikorh
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April 15, 2025, 03:25:16 AM
 #2

SCAM WARNING – Community Alert

Everyone, please be extremely cautious: VulkanChain is being run by a known scammer.

The developer originally went by “Devun”, the same person who rugged ZephyrSwap and disappeared with community funds in a past project called zephyrprotocol . After that, he rebranded as “Servgev,” and now he’s resurfaced once again as “SergeyV” to launch VulkanChain.

This is a repeated pattern:

1. Launch (ZephyrSwap)


2. Rug the community


3. Disappear & rebrand (Servgev)


4. Launch again (VulkanChain)



This is not baseless FUD. There is plenty of proof connecting these identities and past scams — but unfortunately, I can't post images or screenshots here on Bitcointalk.

If you’re unsure, ask around or dig deeper — you’ll find the connections. This isn’t the first time, and it likely won’t be the last unless people speak up.

Protect your funds. Protect the community.
Don’t let scammers rebrand and scam again.

Stay safe out there.
VulkanChain (OP)
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April 15, 2025, 10:58:04 AM
 #3

The Vulkan Team has no association with any other projects.
This is FUD coming from competitors or unhappy members who could not get special benefits.

Most importantly:
A prime selling points of Vulkan is transparency and the implementation of mechanism that reduce developer leverage and continuously growing community decision making power and involvement. It is absurd to accuse a new project in a pre-market phase especially when measures taken disincentivize developers going rogue and in the future reducing the possibility of this to nearly zero, don't believe the marketing, believe the fundamentals. At this stage any FUD is nonsensical because VUK is not directly competing with any Proof-of-Work projects, but DAI and similar stablecoins.
elvalere
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April 15, 2025, 01:07:12 PM
 #4

:

🚀 [VUK] Vulkan (RandomX) – Now Live on Pools4Mining! 🚀

🔥 Algorithm: RandomX
🎯 Mining Modes Available:

🔹 SOLO Mode – Mine blocks on your own and get 100% of the reward!
🟠 PPLNS70 Mode – Enjoy steady payouts with our fair and optimized system.

🌍 Global Stratum Locations:

🇪🇺 Europe: eu.pools4mining.com

🇩🇪 Germany: pools4mining.com

🇸🇬 Asia: asia-sg.pools4mining.com

🇺🇸 US: us.pools4mining.com

💻 Mining Ports:

CPU Mining
‣ SOLO → 4032 | PPLNS70 → 3032 | Difficulty ≥ 1,000

GPU Mining
‣ SOLO → 4033 | PPLNS70 → 3033 | Difficulty ≥ 10,000

High-End GPU Mining
‣ SOLO → 4034 | PPLNS70 → 3034 | Difficulty ≥ 200,000

🔒 SSL: Currently not supported.

💥 Why Mine VUK on Pools4Mining? ✅ Excellent hashrate-to-blocks ratio
✅ Low latency with global stratum coverage
✅ Transparent and reliable payouts
✅ Active support and growing community

👉 Get started now: https://pools4mining.com
🎉 Happy Mining & Good Luck! 🍀⛏️

visibleplayer
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April 15, 2025, 06:36:21 PM
 #5

Serega well known fraud
VulkanChain (OP)
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April 21, 2025, 08:54:05 PM
 #6

Transparency Report and Updates
To further improve transparent relationship between the community and Vulkan developers team took new measures:

> Allocated 5,000,000 VUK to VSP (Vulkan Staking Pool) for the reward distribution mechanism to cut team allocation by 40.1% of total supply
> Locked 1,000,000 VUK until block height 98,000 (approximately 1 month) then locked until height 250,000 if unlock mechanism works as intended
> Another transfer lock of 2,500,000 VUK until block height 475,000 planned after the 6.5% fee implementation and USDV hardfork

Conclusion:
These measures improve transparency, reduce team allocation by a total of 65.64% in the short term, reducing percentage held of circulating and total supply.
Other allocations will be made for community reward programs, airdrops and marketing incentives.
heraware
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April 23, 2025, 11:56:37 PM
 #7

Not sury why this:

2025 Q2-Q4 ->
    > USDV Launch on BSC-20 protocol
    > USDV Launch on ERC-20 protocol
    > Vector USDV integration

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ScarTalon
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June 17, 2025, 02:29:59 AM
 #8

looks like this got rugged. I read on twitter it was made by the guy who made zephryswap but i got no clue myself. noticed the discord was gone, all their stuff is down or wiped.
dalaocoin
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June 17, 2025, 07:59:14 AM
 #9

shit coin,web is down
minero gama baja
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June 25, 2025, 02:03:08 AM
 #10

They turned out to be tremendous scammers, like most of the lousy coins that come out. They wanted to take us for fools with their own exchange, their supposed project, all lies.
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