Difference between revisions of "Ravencoin Wiki"
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|description=Ravencoin Wiki - run by the community, offers information about the creation of the Raven project and it's purpose. Includes guidance on mining, other community resources, best practices, FAQ and Exchanges. | |description=Ravencoin Wiki - run by the community, offers information about the creation of the Raven project and it's purpose. Includes guidance on mining, other community resources, best practices, FAQ and Exchanges. | ||
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| + | <div id="MainContent"> | ||
| + | '''Latest News:''' Ravencoin upgraded to version [https://github.com/RavenProject/Ravencoin/releases 2.1.3]. When updating, make sure you have backed up your wallet.dat file. Are you unsure or encounter issues when upgrading, please use #helpdesk channel at [https://discordapp.com/invite/jn6uhur Discord]. | ||
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| − | + | [http://www.ravencoin.org Ravencoin] is an open source project built on a fork of [https://en.bitcoin.it bitcoin] version 15.1. | |
| − | + | Ravencoin fairly launched on the 3rd of January 2018 without ICO, pre-mine or masternodes 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 assets on a blockchain. To avoid centralized ASIC mining of Ravencoin the developers created a new algorithm, x16r. | |
| − | What makes | + | 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 it reasonably resistant to ASIC development. The developers have also stated they are committed to keeping it ASIC free and can easily alter the algorithm if an ASIC is developed. |
The core team have produced a [https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper-3.pdf paper explaining x16r], and a [https://cdn.knightlab.com/libs/timeline3/latest/embed/index.html?source=1NKsWx5sSG90GjbbwZaOav6D_bAOdnlBjPBAjJtZzXr4&font=Default&lang=en&initial_zoom=2&height=650 timeline] showing events pre and post launch. | The core team have produced a [https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper-3.pdf paper explaining x16r], and a [https://cdn.knightlab.com/libs/timeline3/latest/embed/index.html?source=1NKsWx5sSG90GjbbwZaOav6D_bAOdnlBjPBAjJtZzXr4&font=Default&lang=en&initial_zoom=2&height=650 timeline] showing events pre and post launch. | ||
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The [https://medium.com/@ravencoin/ravencoin-4683cd00f83c Ravencoin medium post] explains some of the early reasons for creating Ravencoin and what it hopes to achieve. | The [https://medium.com/@ravencoin/ravencoin-4683cd00f83c Ravencoin medium post] explains some of the early reasons for creating Ravencoin and what it hopes to achieve. | ||
| − | [https://github.com/RavenProject/Ravencoin/blob/master/roadmap/README.md The roadmap] for the code development was published on the | + | [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. |
| − | + | A whitepaper type document describing the background and intention of the project was published on the same date on Ravencoin.org [https://ravencoin.org/Ravencoin.pdf here] and Bruce 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 is funded by [http://www.mediciventures.com/ Medici Ventures] who are owned by [https://www.overstock.com/about Overstock.com] - Patrick Byrne, the 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.] | |
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| + | '''Ravencoin Blockchain parameters:''' | ||
'''Block Time''': 1 minute | '''Block Time''': 1 minute | ||
Revision as of 20:38, 14 November 2018
Latest News: Ravencoin upgraded to version 2.1.3. When updating, make sure you have backed up your wallet.dat file. Are you unsure or encounter issues when upgrading, please use #helpdesk channel at Discord.
Ravencoin is an open source project built on a fork of bitcoin version 15.1.
Ravencoin fairly launched on the 3rd of January 2018 without ICO, pre-mine or masternodes 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.
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 it reasonably resistant to ASIC development. The developers have also stated they are committed to keeping it ASIC free and can easily alter the algorithm if an ASIC is developed.
The core team have produced a paper explaining x16r, and a timeline showing events pre and post launch.
The Ravencoin medium post explains some of the early reasons for creating Ravencoin and what it hopes to achieve.
The roadmap for the code development was published on the project's github on the 3rd of April 2018.
A whitepaper type document describing the background and intention of the project was published on the same date on Ravencoin.org here and Bruce 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 is funded by Medici Ventures who are owned by Overstock.com - Patrick Byrne, the CEO of Overstock talks about Ravencoin in this BusinessInsider interview.
Ravencoin Blockchain parameters:
Block Time: 1 minute
Block Reward: 5000 RVN
Total Coin Supply: 21 Billion
