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[http://www.ravencoin.org Ravencoin] ([https://ravencoin.or.kr KR]) is a project built on a code fork of [https://en.bitcoin.it 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 [https://twitter.com/brucefenton/status/948682276229074945 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 [[Guides#Everything_about_Ravencoin_Assets | assets]] on a blockchain. To avoid centralized ASIC mining of Ravencoin , the developers created a new algorithm, [https://ravencoin.org/assets/documents/X16R-Whitepaper.pdf X16R] ([https://cdn.discordapp.com/attachments/448427648629342208/582240872238678045/X16R_White_Paper_French.pdf FR], [https://ravencoin.or.kr/assets/documents/X16R%20Whitepaper%20Korean%20V.1.0.pdf KR], [https://cdn.discordapp.com/attachments/430039422667587584/506240897994719232/X16R-Whitepaper_translated.docx 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 makes made it reasonably resistant to ASIC development. The developers have also stated they are committed to keeping However, [https://medium.com/@tronblack/ravencoin-asic-thoughts-e6c0079609e6 it ASIC free became evident that X16R ASICs were developed and can easily alter 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 algorithm if times an ASIC is developedcan be used (~3.5%).  The core team has produced a roadmap with a [[Development | development plan of 7 phases]]. [https://github.com/RavenProject/Ravencoin/blob/master/roadmap/README.md The roadmap] for the code development was published on the project's [https://github.com/RavenProject/ github] on the 3rd of April 2018. [https://ravencoin.org/assets/documents/Ravencoin.pdf The white paper] ([https://ravencoin.or.kr/assets/documents/Ravencoin%20WhitepaperKorean%20V.1.0.pdf KR], [https://cdn.discordapp.com/attachments/430039422667587584/506240892844376075/Ravencoin_translated.docx DE]) describing the background and intention of the project was published on the same date on Ravencoin.org and Bruce Fenton posted a [https://twitter.com/brucefenton/status/981564543749971968?s=19 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 [http://www.mediciventures.com/ Medici Ventures] who are owned by [https://www.overstock.com/about Overstock.com] - Patrick Byrne, former CEO of Overstock, talks [http://uk.businessinsider.com/bitcoin-pioneer-overstock-ceo-explains-long-standing-crypto-play-ravencoin-2018-2 about Ravencoin in this BusinessInsider interview.] A collection of interviews with Tron Black (lead dev), Patrick Byrne, and Bruce Fenton, is available [https://raven.wiki/wiki/In_the_News here].