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RVN

Ravencoin

$0.01084
2.13%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #214
$163,238,927
Volume (24h) #331
$6,845,843
Supply (Circ. / Total / Max)
15.05B / 15.05B / 21B
Launch Date
2018-01-03
Block Number
3,807,966
Block Reward
2,500
Last Block Size
-
Network H/s
5.8T

Ravencoin Price Converter

Ravencoin

Ravencoin Information

Resources

WebsitesWebsiteWhitepaperBlog
Block Explorersravencoin.network
Code Repositoriesgithub.com/RavenProject/Ravencoin
Hashing Algorithms
SHA-256
Industries
Platform
DeFi
Communitiesreddit.com

Ravencoin Supported Platforms

RVNERC20NRG0x923e363cba492d2c448b4bed7717f3d090851a8a2021-03-08

About Ravencoin

Ravencoin is a blockchain project that enables simple issuance and management of tradable assets on a blockchain. It was launched in 2018 without an ICO, pre-mine, or masternodes, and is notable for its use of the X16R and KAWPOW algorithms to prevent ASIC domination of the network. The project was announced by Bruce Fenton on Twitter and has a growing community with a development roadmap of seven phases. Ravencoin is designed to be energy-efficient and aims to provide a decentralized alternative to traditional financial instruments.

Ravencoin is a blockchain project focused on building open-source technology for simple issuance and management of tradable assets on a blockchain. It was launched in January 2018 without an ICO, pre-mine, or masternodes, and is built on a code fork of Bitcoin version 0.15.99. Ravencoin is notable for its use of the X16R algorithm for mining, which is a randomized ordering of 16 hashing algorithms to prevent ASIC domination of the network. Ravencoin has since moved to the KAWPOW algorithm to further prevent ASIC domination.

Ravencoin was announced by Bruce Fenton on Twitter and was launched without a central organization. The project has a strong and growing community, and the core team has produced a development roadmap with seven phases.

Ravencoin is used for the simple issuance and management of tradable assets on a blockchain. It aims to provide a decentralized and democratized alternative to traditional financial instruments by enabling the creation of assets that can be traded without the need for a centralized intermediary. Ravencoin has also been designed to be energy efficient and resistant to ASIC domination, which the developers see as a potential threat to decentralization. Ravencoin has gained attention in the crypto space due to its strong community and unique approach to asset issuance and management on a blockchain.