Ravencoin Wiki

Welcome to the RavenCoin Wiki

About RavenCoin

RavenCoin is an open source project built on a fork of the bitcoin code. RavenCoin aims to implement a blockchain which is optimized specifically for the use case of transferring assets such as tokens from one holder to another.

To avoid centralized ASIC mining of RavenCoin the developers created a new algorithm, x16r. This algorithm is unique because the order of the 16 hashing algorithms is constantly changed based on the hash of the previous block. This randomness of hashing algorithms makes it reasonably resistant to ASIC development. A more detailed explanation of the algorithm can be found here

The official website is RavenCoin.org

RavenCoin was launched on the 3rd of January 2018. A fair launch with no pre-mine. Announced on twitter: https://twitter.com/brucefenton/status/948682276229074945 It's a truly open source project, no ICO, no masternodes, focused on building a useful technology, with a strong and growing community.

A video of the first RavenCoin Dev meet up (mid Feb 2018) is available here

At the time of launch, the core team is funded via a subsidiary of Overstock.com - the CEO of Overstock can be seen talking about RavenCoin here.

Block Time: 1 minute

Block Reward: 5000 RVN

Total Coin Supply: 21 Billion

Community

RavenCoin ANN thread on BitCoinTalk.

Discord

Trading RavenCoin

RavenCoin is not currently listed on any Exchanges. Buy and Sell offers can be placed on the trading channel of Discord. Community leaders are available to act as escrow.