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RavenCoin [http://www.ravencoin.org RavenCoin.org] is an open source project built on a fork of the bitcoin code. RavenCoin aims to implement a blockchain which is optimized specifically for It was launched on the use case 3rd of transferring assets such as tokens from one holder to anotherJanuary 2018. A fair launch with no pre-mine. Announced on twitter: [https://twitter.com/brucefenton/status/948682276229074945 https://twitter. com/brucefenton/status/948682276229074945]

To avoid centralized ASIC mining of RavenCoin the developers created It's a new algorithmtruly open source project, x16r. What makes this algorithm unique is that the order of the 16 hashing algorithms is constantly changed based no ICO, no masternodes, focused 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 [https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper-3building a useful technology, with a strong and growing community.pdf here]

The coin 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 was launched the developers created a new algorithm, x16r. What makes this algorithm unique is the order of the 16 hashing algorithms is constantly changed based on the 3rd hash of January 2018the previous block.  This randomness of hashing algorithms makes it reasonably resistant to ASIC development. The developers have stated they are committed to keeping it ASIC free and can easily alter the algorithm if an ASIC is developed.  A fair launch with no pre-mine. Announced on twitter: more detailed explanation of the algorithm can be found [https://twitterravencoin.comorg/wp-content/uploads/brucefenton2018/status01/948682276229074945 X16R-Whitepaper-3.pdf here] More detail of the project can be found on the [https://twittermedium.com/brucefenton@ravencoin/status/948682276229074945ravencoin-4683cd00f83c RavenCoin medium post] It's a truly open source project, no ICO, no masternodes, focused on building a useful technology, with a strong and growing community.