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Topic: [ANN][kVAT] Vavilon - Accelerated Smart Contracts and Decentralized Internet. - page 2. (Read 2875 times)

newbie
Activity: 14
Merit: 0
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?
member
Activity: 85
Merit: 10


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.
sr. member
Activity: 336
Merit: 252
Why not one QUADRILLION Tokens?

Might as well go fucking big innit?

One Trillion is just so meh......
sr. member
Activity: 537
Merit: 259
ICO Tokens: 1000 000 000 000 VAT, coin huge supply is one of failure factors.
newbie
Activity: 3
Merit: 0
interesting.. gonna read whitepaper first
full member
Activity: 196
Merit: 100
Will POW and ICO run concurrent?
hero member
Activity: 1204
Merit: 539
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
legendary
Activity: 910
Merit: 1000


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


oh yeh.. heal the world.
big promisesses to gain some money to pay rent?
legendary
Activity: 3808
Merit: 1723
Your first name really Vitalik ?
newbie
Activity: 14
Merit: 0
We are ready to answer all questions!
member
Activity: 85
Merit: 10

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


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://bitcointalksearch.org/topic/ann-vavilon-1686008
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