Topic: [ANN] [MN PRE-SALE] Korvan Network | PoW/MN | Web 3.0 Utility Platform (Read 254 times)

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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