Ravencoin Wiki

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Latest News: Ravencoin upgraded to version 2.2.2!. 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 is an open source project built on a code fork of bitcoin version 15.1. 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. 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 has produced a roadmap with a development plan of 7 phases. A more detailed timeline is available here. The roadmap for the code development was published on the project's github on the 3rd of April 2018. The white paper 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, the CEO of Overstock talks about Ravencoin in this BusinessInsider interview.

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

Date Company Company Info Relation to Ravencoin
Playmaker Blockchain Project PlayMaker is developing the solution for training data storage using the blockchain technology Will use Ravencoin for their crowdfunding campaign.
19/04/19 Guncert Crypto technology for gun owners. Provides tokenization to prove ownership of firearms and provide transfer, purchase, and maintenance records all in one place. Uses Ravencoin to tokenize. (GUNCERT)
15/04/19 Vinsent Wine Blockchain-based platform that enables wineries and wine lovers to connect directly and trade wine. Uses Ravencoin to tokenize wines 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)
19/12/18 Umusa Community Development Projects Twitter,Discord South African Nonprofit Organization (REG:128-548 NPO) Will tokenize shares of a greenhouse as non-profit fund raise and other start up programs for micro businesses founded by children and adults. (SATAX)
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: Mar 6th, 2019

Other (Spotted) Asset Projects

Ravencoin Currency Support

Company Ravencoin Support
Watech ATM WaTech Crypto Currency 2-Way ATM supports Ravencoin
Vault Logic ATM Vault Logic Crypto Currency 2-Way ATM supports Ravencoin
Ravencoin Shop Ravencoin merchandise shop supporting payments in RVN.
CoinText Send and receive Ravencoin in the US with a mobile phone.

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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 3rd, 2022)