What is Ravencoin?

"What is Ravencoin? To us, the RVN community, it's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects.

Specifically working on things like RSK, which will allow Solidity to work on this chain, will be huge for Ravencoin in the future. RVN was launched January 3rd 2018 with very little info regarding the future of the project. Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning.

The RVN team is launching their coin in the spirit of Bitcoin, code first. We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us, or take our word for it."

-BitcoinTalk.org
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General

TICKER SYMBOLS
RVN
AGE
2 years old (January 14, 2018)
CURRENT PRICE
$0.023662
Updated 2 minutes ago via coinmarketcap.com
CHEDDUR ALL TIME HIGH
$0.080115
6 months ago
CIRCULATING SUPPLY
4,901,830,000 coins
Updated now via coinmarketcap.com
MARKET CAP
$115,976,037
Updated 27 seconds ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (21,000,000,000 coins)
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m
CURRENT BLOCK REWARD
5,000 coins
HASHING ALGORITHM
X16R

Categories

Payments

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