Ravencoin Wiki

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Latest News: Ravencoin upgraded to version 4.1.0! (March, 2020). When updating, make sure you have backed up your wallet.dat file. Are you unsure or do you encounter issues when upgrading, please use #helpdesk channel at Ravencoin Community Discord.

Ravencoin (KR) is a project built on a code fork of bitcoin version 0.15.99. Ravencoin fairly launched on the 3rd of January 2018 without ICO, pre-mine or masternodes and was announced by Bruce Fenton on twitter. Ravencoin is focused on building open-source technology and has a strong and growing community. Ravencoin aims to implement simple issuance and management of tradable assets on a blockchain. To avoid centralized ASIC mining of Ravencoin, the developers created a new algorithm, X16R (FR, KR, DE). What makes X16R unique is the changing order of 16 hashing algorithms based on the hash of the previous block. This random reordering of hashing algorithms made it reasonably resistant to ASIC development. However, it became evident that X16R ASICs were developed and mining Ravenvoin in July 2019. In a response, X16R was adapted with a small modification to X16Rv2. This adaptation involved adding an extra hashing algorithm to three of the 16 existing ones, which greatly reduces the times an ASIC can be used (~3.5%).

The core team has produced a roadmap with a development plan of 7 phases. The roadmap for the code development was published on the project's github on the 3rd of April 2018. The white paper (KR, DE) describing the background and intention of the project was published on the same date on Ravencoin.org and Bruce Fenton posted a Twitter thread summarizing some key points of the whitepaper and growth of the project to date. At the time of launch, the core team was funded by Medici Ventures who are owned by Overstock.com - Patrick Byrne, former CEO of Overstock, talks about Ravencoin in this BusinessInsider interview. A collection of interviews with Tron Black (lead dev), Patrick Byrne, and Bruce Fenton, is available here.

Ravencoin Asset Support since Launch (Nov 5th, 2018)

Date Company Company Info Relation to Ravencoin
30/05/20 DKH Gallery Art Gallery Uses Ravencoin to track art transactions, pay out rewards to token holders, message token holders, and let token holders vote (DKH)
05/05/20 IPAssets Intellectual Property Portfolio management tools Uses assets and asset capabilities for intellectual property (IP) recognition, crowd funding for University IP assets, and IP fractionalized interests (IPASSETS)
20/03/20 GEEKTWEEKS Apple Mac, PC and mobile device repair GEEKTWEEKS uses Ravencoin tokens for their support services (GEEKTWEEKS)
07/01/20 GORAVEN Blockchain Oracle solutions GORAVEN offers Blockchain Oracle solutions to facilitate data consistency and transparency.
20/12/19 FinClusive KYC Platform Finclusive has developed a service that will integrate with the Ravencoin platform to satisfy KYC requirements for issuing legally compliant token offerings.
10/11/19 Scotsrum Scottish Rum distillery Uses Ravencoin to tokenise the project, distributing its produce using blockchain and crypto payments.
20/09/19 Project 33 An artist collective organization creating high-grade Murrine artwork and glass coins. A project involving the creation and sale of physical assets (handmade glass Ravencoin art coins) that convey ownership of Art Units which correspond to ownership tokens on the Ravencoin blockchain. Uses asset ARTUNITS. Example of subasset for a specific glass coin: ARTUNITS/RAVEN#P33-0619-1-026
20/05/19 NVRMOR.io Crypto Collective Art Project Uses Ravencoin to tokenize art. Uses asset NVRMOR
20/05/19 EQUA Start EQUA Start is a platform for cap table management Uses Ravencoin for capitalization tables and messaging. (EQUA)
29/04/19 Playmaker Develops a solution for training data storage using the blockchain technology Will use Ravencoin for their crowdfunding campaign.
15/04/19 Vinsent Wine Blockchain-based platform that enables wineries and wine lovers to connect directly and trade wine. Uses Ravencoin to tokenize wine futures and will introduce new features, e.g. tracking features, P2P tokens transfers and more. (VINSENT_WINE)
05/04/19 Machine & Emotion Product marketing company Help industries including cannabis, wine, music entertainment, music sales, and more. Owns NUGS, VINES, BACKSTAGE, AUDIBLE.
24/02/19 Blockchain Economics Club Nonprofit Project at Southern Illinois University. University members gain SALUKICOIN for participation and will be using ravencoin voting to change the name in later club meetings.
12/11/18

Update

Assure Services Provides administrative and transaction services for the private investment marketplace 12/11/18: Issued 700 Ravencoin assets

01/02/19: Put their first Special Purpose Vehicle on RVN.

16/01/18 Blockmaster.si,Github Blockchain startup working on real estate, premium domain names and water (e.g., Hydroponics/Quality Control/Aquaponics) Will use Ravencoin for ICO/token/asset issuance. (BLOCKMASTER)
18/12/18 Medici Ventures Inc

Chainstone Labs

Medici Ventures (wholly-owned subsidiary of Overstock.com) works on advancing blockchain technology.

Chainstone labs is a technical advisory and investment company.

Medici Ventures completed a $3.6 million securities token transfer using Ravencoin for a equity purchase in Chainstone labs.

Live video here (3 min).

06/12/18 BitsBeTrippin Cryptocurrency Channel/Store, since 2013 Bits Be Trippin' offers 'The Boring Not a Flamethrower Ravencoin Asset Linking Service' to help bridge the gap of unique assets with real world assets using Ravencoin. Explanation video here. (7 min).
14/11/18 LoftVR Builds Virtual Reality Arcades LoftVR is offering a limited edition art piece of a Tron Countach
06/11/18 Crafty Hands Music, ASCAP An independent publishing company administering the rights and licensing of our affiliated Artist's compositions, including: royalties management, collection and distribution of writer's and artist's shares, and targeted promotions. Using RVN to track and manage publishing shares
05/11/18

Update

Ravenland Ravenland is a community driven and ran global software house that produces tools for the Ravencoin Network. With open source retail + community ownership as emphasis it is the worlds first global community blockchain developer company on Ravencoin network.
05/11/18 RAIN6 Firearms Training & Solutions RAIN6 tokenizes guns on the Ravencoin blockchain.
02/11/18 Comistar

TokenizEU

TokenizEU is a security token issuance platform that helps to structure security token offerings and comply with the regulations in the European Union, as well as issue tokens and enable investors to participate in the offerings. Comistar Global uses Ravencoin for their TokenizEU STO platform.
31/10/18 Blocknerds.io Provides dApp and Smart Contract development on several major blockchain protocols using on-chain and off-chain solutions. Uses Ravencoin and IPFS to build a decentralized Web. Demo video here. (2 min).

Please contact the moderators on Ravencoin Community Discord if you would like to have your company added here. We are actively editing this list with updates and we try to include anything that we can find. If you see your project or company listed here and wish that the description should be changed or that the listing should be removed. Please let us know. Last update: Oct 5th, 2019

Other (Spotted) Asset Projects

Ravencoin Currency Support

Company Ravencoin Support
Metal Pay Matal Pay allows you to use Ravencoin using its payment service
Estate88 Buy Coffee anywhere in the world using RVN (choose coinpayments option at checkout and select RVN.)
Crypto.com Crypto.com supports RVN and is a cryptocurrency service and wallet that allows you to Buy, Sell and Pay with Crypto.
Vinsent.wine Vinsent.wine supports RVN as payment for their on RVN tokenized wine futures
Anypay Anypay supports Ravencoin as payment currency.
Coinpayments.net Coinpayments is a borderless online payments platform and cryptocurrency wallet that serves as a payment alternative for consumers and merchants. See: https://blog.coinpayments.net/coin-spotlight/ravencoin
Spend.com Spend.com provides a multi-currency digital wallet that enables you to store and spend cryptocurrencies and fiat using your smart phone or Spend Visa Card.
Ternio Blockcard Blockcard (Crypto debit card) wants to support Ravencoin if there are ~1000 sign ups through: https://getblockcard.com/i/ravencoin. This invite link is purely to measure Ravencoin support and nobody benefits from the referral link. When loading CC to their wallet, they convert this into Tern, which is the currency that is used for the transactions during card payments / withdrawals.
Vault Logic ATM Vault Logic Crypto Currency 2-Way ATM supports Ravencoin
CoinText Send and receive Ravencoin in the US with a mobile phone.

(Text START to 1–603–301–4606 to begin).

ThePlaza shop Allows you to pay with RVN.

Ravencoin Blockchain parameters

Block Time: 1 minute

Block Reward: 5000 RVN

Total Coin Supply: 21 Billion

Type: Proof of Work (PoW)

Next Halving: Block 2,100,000 (~January 6th, 2022)

Contents

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