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{{#seo:
|title=Ravencoin Wiki: Fenton Files
|keywords=Ravencoin Fenton files
|description=A page capturing some of the chat posts from Bruce Fenton and the core team developers on the community chat servers. Not comprehensive, but covers most of the more important discussions.
}}
 
This page aims to capture some of the thoughts from [https://twitter.com/brucefenton Bruce Fenton] and some of the core devs about [http://ravencoin.org RavenCoin], it's purpose and future. It's not comprehensive, just some of the interesting comments spotted on the community chats.
 
Discord 1 refers to the original discord which has since been deleted by it's owner. Discord 2 refers to the 2nd discord that was set up by the community. Links on [[community]] page.
__TOC__
== 15 Mar 2018 - Discord ==
it will be great to have it widely on exchanges -- my humble personal opinion is that it's too early -- but I might be wrong. But certainly when the time is right I'd work hard to get the coin on major exchanges if it seemed it would be beneficial -- right now the grassroots nature has been very successful in attracting the people who are likely to really work to build this in to something amazing. However mine is only one opinion and anyone is welcome to pursue an exchange
== 15 Mar 2018 - Telegram ==
Bruce Fenton:
Still working on roadmap & best way to communicate ideas and info --
==11 Nov 2018 - Discord 2 == Economics of token creation - raven ends up being exactly the same issuance schedule as Bitcoin but with this perpetual drain on total supply in the form of whatever is burned. That-/ and the fact that it’s real 100% pow coins getting burned - that means RVN assets have sort of a neat double POW / a real asset (energy) has been burned to allow assets to exist  This gives them value. Not much, it’s tiny. But it does exist and that’s very different than other projects and very fascinating.   ==09 Nov 2018 - Discord 2 == Talking your own book is exactly ethical and legal— especially if disclosed. It’s one of the purest form of ethical interaction in commerce.Some had to not only risk public reputation to support this coin but also give miners over $ of my capital to get the coins we own. So a miner could have dumped on us and I’d be the one conned.Someone being well known or ostk backing some dev is also not relevant. Oprah or Andreas could mention this coin for five seconds and instantly have more influence than paper authors. If Greg Maxwell came and said something was a security risk, people would listen etc etc. that’s how a real open source project works. In a fair launch like this it’s almost impossible to have one party have the upper hand. That’s not marketing talk or something to pump ravens structure — that’s just the truth.Projects with a fair & open launch are literally a gift to the users — anything created from those projects is created by fair work to the people. It’s absolutely incomparable to something that raised money. Nothing wrong with raising money by the way but it’s utterly and completely different from giving away something for free. It’s decentralized versus centralized. Permissioned versus free. It’s the very core of our industry. A foundational core of what open source / decentralized/ cypherpunk networks can be.  Now ravencoin may be stupid, a bad idea, it may fail, it may break, it may have unforeseen problems or it might just be outpaced by any of a dozen projects trying to do the same. All those are potentially valid debates. —- but there’s just no reasonable way to say this project wasn’t fair. It’s provable on the blockchain that this was the most widely participated in and fastest growing network in history. One may think raven is a weak project but it’s fairness is completely undeniable— if someone doesn’t believe that then they either don’t understand or believe in crypto or they don’t fully understand how this project works. By the way:: we need to spread that far and wide. People should understand that this is their project — anyone can build on it  All this work we’ve done:: it’s free! All the code, the network — all that’s been invested — it all belongs to all members of the community. Anyone can use it and any one can benefit from this network.  Now for 500 RVN you can create a permanent asset backed by this absolutely massive amount of hashpower. That asset can do all kinds of cool stuff.  This is amazing. People don’t even see it yet. The first Ravencoin annual meeting structure is a key part. No leaders, no rulers, no centralized parties. That’s best practices. It’s harder.   ==17 Oct 2018 - Discord 2 == New folks be sure to  1) download the latest wallet - recognize that this is YOUR project - it’s open source and NOT controlled by any specific people - you can build on this and use it without permission! 2) start mining — with a gpu you can get some coins to use and reserve names with but even if not then it still helps the network  3) running a full mining node helps strengthen the coin and helps everyone  4) download testnet NOW and mess with creating assets (!) this way you are ready for:  5) be ready to create real assets after mainnet launches on Oct 31 - you only get one shot at each asset name 6) register names you can use (if you register a brand name please consider giving it to the brand owner if they ask, this helps the network) 7) imho best early tokens will be game and experiments - fun things — this is still early stage and experimental — will be ready for things like securities once lots of testing in October in NH the live world — don’t take unwise financial risks - this is an experiment!- have fun and build something cool == 05 Oct 2018 - Discord 2 == The entire structure of ravencoin is VERY different from almost every other project — so it takes a lot of learningThanks to all who participate----the thing is that Ravencoin is a protocol not a company — this is why no partnerships - prior // not because they aren’t valuable but because they are not necessary Ravencoin doesn’t have partnerships with companies because 1) there’s no one to make such a partnership 2) the companies and up devs wanting to build on this don’t need anyone’s permission - they can just build  This is a good model — imho it’s the best model----Finding the right balance of how much to talk about this project is hard----Software is allowed to be centralized. When people say this isn’t it’s not because they are lying to pretend something — it’s because it’s accurate.----The main misunderstanding seems to be that ravencoin is controlled or directed by Medici or tZero  It’s just not the case  This isn’t some claim that someone is trying to make to then comply with some rule — its the actual truth. Also there will is no law that this would be several updates, roadmap relevant for — the idea that a company working on an open source project “makes it a security” is silly and it’s super insulting Whether raven is centrally controlled or has corporate involvement / oversight / investment etc do not make it a security anyway — that entire line of thinking is based on faulty logic and not understanding now Ravencoin works or was issued  Ravencoin was released for free exactly like Litecoin — because it was never sold it was not an organized plan offering Even if it had one person as a ceo and even if that one person worked for core development Medici it would not matter —- still not a security----my time doesn’t belong to you. Usually when people write articles and mention someone they get quotes from them and check for accuracy first —- I do what I can to give accurate info. I waste hours on this and the only result is time wasted---- It doesn’t matter if something it centralized----That doesn’t make it a security----A coin being centralized or controlled by a company matters when the company or coin raises money - a project like Raven is completely different----there’s nothing whatsoever “hinging” on that — that’s crazy talk.  No reasonable or knowledgeable person I’ve heard of considers RVN a security. If they do then :shrug:‍♂️ Litecoin and Bitcoin would be as well as 2nd layer. It’s insane ... no — not at all. Ridiculous This all stems from people who don’t understand securities----There’s tons of info out thereNot sure why people assume a conspiracyThere’s no one “at the top” There’s no one “worried”  It’s REALLLY key to understand that this is an open source, decentralized project —- there is no person or people or corporation running it  There is no conspiracy etcPeople just work in their own interests---->>>>Ravencoin is not an entity at all <<<<----What matters is whether ravencoin can and does work ----Crap projects have an interest in promoting “partnerships” and stuff — actual protocols don’t----''(In reference (I think) to Medici / Overstock / 3rd party development RVN)'' I’ve said 100 times that could be useful for they aren’t related — even made videos about it----Rvn is better than ever - amazing - one of the strongest projects overall development. ever----Because raven isn’t like that and isn’t a corporate project with “deals” and “agreements” / joint ventures and that kind of ico crap----Medici donates dev timeWhich is great 
So in other words we are working to release the roadmap type document (there might be But people assume much more of a better way to describe than white paper or roadmap)corporate tie
In addition will work with many community members on ideas for
1) ways to best complete the core dev portions of the roadmap Which is a shame- this is the main protocol on github ---Not a gift from MV
2) 2nd layer solutions and how they can be useful (such as use of LN and atomic swaps with assets on the Ravencoin chain or getting solidity working on Ravencoin by using RSK)
3) support, networking MV gifts some dev----Big difference----There’s an impression that tZero and ideas raven fit together in some special way or work together or that one platform is being designed for 3rd party the other----''(In reference to an article speculating on the connection between various OSTK / MV projects and or commercial RVN)'' thanks! I’m not a fan of the screen shot from discord — I’ve tried to make clear many times that the projects really are not related — that screen shot taken on its own and out of the context of its convo seems like I’m winking and development which might help being coy or support something imho Basically it was in reply to people who think the project opposite: which is that tZero has nothing to do with rvn and ecosystem (for example mobile wallets, gaming apps, securities token issuance and other tools)will never list it because they are competitors or something Neither is true
AnyIt’s really not a corporate coin -/ all existed before anyone at tZero heard of these 3 categories will be something anyone can contribute to and develop or use in any way they wish. Important to note that YOU DO NOT NEED PERMISSION to develop for profit apps or commercial or non-commercial apps, products or services using this code it and blockchain. 😃before I joined the board
Anyone is welcome to contribute to the code, build second layer solutions, experiment There’s no team of folks at tZero working on raven and / it defiantly wasn’t designed by tZero or build created for profit apps on this.some tZero purpose----Yes but ostk owns a mess of stuff and there’s no major direction from ostk to any portfolio cos to support ravencoin
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this is real open source TZero and an exercise beyond even most of those projects ravencoin are much less related than people assume      == 23 Sept 2018 - Baltic Honeybadger 2018 Bitcoin conference ==Title: Global Ledgers: Scaling & Capacity for Legacy Securities Systems in seeing how much collaboration can do. We are are all members the Age of Atomic Swaps Conference: Baltic Honeybadger 2018 Bitcoin conference, Riga, Sep 22-23 Bruce talks about the team history of securities, it's current problems, and everyone owns and participates fairlyblock chain.  Talk at: https://youtu.be/D2WXxgZ8h-0?t=1h48m23s Slides at: https://threadreaderapp.com/thread/1043833386257854464.html 
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Bruce Fenton (Discord):
 
I didn’t mention Raven because as soon as you mention a specific product at certain events people stop listening and are closed minded
 
Also so many people don’t even understand tokenized securities that it’s best to explain that first
 
Once they understand this concept then Rvn makes more sense
 
== 12 Sept 2018 - Telegram ==
 
 
Bruce Fenton:
Totally committed -/ people misunderstand "experiment" really ALL crypto is nearly experimental at Because this stage. Bitcoin is only 9 years old - there could be completely unforeseen factors which could wipe out this industry. I don't believe that, in fact I bet my career and savings that it won't -- but it really remains almost experimental as protocol development not something like an industry. ICO scam  Ravencoin specifically is even more risky than say Bitcoin at this stage because a protocol — that’s it — it’s software There is new and unproven. There are many factors which could cause NO ONE to “make announcements” or “sign partnerships” It’s open source - for all community members to contribute how they wish — this to fail. That's what I mean by experimental.is a VERY VERY different model than centralized projects who did ICOs etc
== 14 Mar 2018 - Telegram ==I think If you are expecting centralized sales, marketing, announcements — that will never happen with this chain makes a great base layer for other projects and tokens because it will be very flexible project and easy to put other tools onpeople should know that
Polymath What the project does do is chain agnosticfocus on building secure and useful software— anyone can contribute and decide if they want to run that software
So hopefully will work on Ravencoin== 25 Aug 2018 - Discord 2 ==
== 13 Mar 2018 - Discord ==This project is different from Cardano and EOS and actually should work well with either of those platforms because both have planned for something similar consensus works in open source by open discussion over what code to atomic swaps to interact with assets like Bitcoinrun
== 12 Mar 2018 - Discord ==
We should create educational materials that pool owners can provide to their users - some people are mining Ravencoin and don't even know what the project is or its purpose. More information could be helpful.
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It Everyone should contribute to the discussion There is no division between devs and non devs - there is very difficult for no special authority who bestows the title “developer” - it’s just based on what code people run and who decides to run what they choose So we don’t say “just do what the devs say” because there are no specific “devs” with any official role - just people who have done a company to duplicate this type lot of community work and implemented the vision in the paper Anyone can be a dev Anyone on this page can write code And call themselves a dev No one has authority over any other We the sheer hours users and dedication of holders have the authority by deciding what code to run So if you say “trust the devs” the participantsfirst question one needs to ask is “who? / which devs” The way to flush that out is by discussion Open and free discussion There’s also no special authority for any other person - no ceo or founder or master node or author or dev has special power or authority 
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 But main point is that this is open source has its own management built in - anyone can contribute and anyone can run the code or altered code— there is no authority 
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But look at the resultsWe don’t want to ever discourage discussion — especially over security related issues 
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It's literally YOUR coin -- that's not a marketing slogan that's the real truth
This isn't owned by All this project is is a company group of people choosing to run code based on what they think Ravencoin means and what code is effective for that definition — every person has the right to discuss what they think that vision is or centralized officemeans 
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This discord IS The term hoi polloi is funny but it’s the team!antithesis of what open source is about — there is no “commoners” or higher class of people  There’s no special category called developers  It’s not ideal to say that people should defer to devs — that’s got a lot of issues I can explain —  what if a new dev joins tomorrow and creates the code to change the supply to 5 trillion with an insta mine of 1 trillion to himself and burning all addresses bringing in R5? Would you say “stay in your lane, don’t discuss forks”? Of course not - it’s not what the coin is  It’s super relevant and key to discuss things like hard forks — any hard fork changes the consensus mechanism and the rules which everyone on the network previously agreed to  So it’s really a big responsibility for every user to know and care what all code changes are 
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Well it's your team -- it's open source. All these There’s also a HUGE difference between non technical people here are part of the team - especially the ones who've contributed code discussing technical matters and all. I certainly don't plan on stopping and I don't think you could get the main devs to stop even if you triedoverall DESIGN matters 
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There are no coins set aside You won’t see me talking specific code almost ever — it’s not my area of expertise  But overall economics, functionality and design is an area of expertise I have for this coin — Andy one can develop expertise and have opinions on the direction — anyone can choose to listen or preminednot - and run what they want based on a combo of vision and capabilities and functions with the specific codeEvery one came from mining
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I had Well this is why consensus is so important Just something to acquire my Ravencoin same way as everyone elseplan for — for the future 
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I have about 3 mil  We can all continually improve the quality of review of code changes Bitcoin Bitcoin system has worked best and that’s what Ravencoinis developed after 
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People Bitcoin has made many leaps forward on this - there are so used to pitches lots of contributors and ICOs that they expect a pitch but it's not like that in a project like thisdiscussions 
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This coin @name — well one thing is very widely distributed- that there isn’t and has shouldn’t be much of a robust line between “devs” and “the community” —- devs ARE the community and diverse mining the community-- strong networkis devs in this project — there is no separate wall  
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Everyone You don’t need to just “speak with a Bitcoin dev” you can contribute and every BE a Bitcoin dev by simply submitting code Secret sauce of Bitcoin is no leaders No authority Consensus Same with Ravencoin was originally acquired the same way: by fair mining- 
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This project is different because it's already more distributed and built with the intention of having no leader
== 11 Mar 2018 - Discord ==1) The algo was developed over probably a 3-6 mo time period by Tron Jesse system is working well as it is — I don’t see any problems at all — just giving thoughts on best practices and Joel they'd ideas for the future — there are several things we learned from this hard fork which can be able to tell you exact improved on next time - mainly around communicating
2) yes definitely there will be updates etc in coming months
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The Ravencoin.org site is limited mostly to the core code and project -- the BitcoinTalk forum includes a lot more info like pools and mining software which is built by the community
== 10 Mar 2018 - Discord ==Mining distributes and changes and goes up and down and with each iteration There’s some bad habits from ICOS where people come in to protocol projects looking for leaders or thinking a central authority makes the network stronger and places the nodes and coins in the hands of those most interested in the tech and projectall decisions
== 8 Mar 2018 - Discord ==
Well the fork is an upgrade fork not a project fork --- so it's not going to result in 2 coins. Hard forks after this will depend on lots of factors -- some things can only be done via hard fork - best way is as upgrades and with lots of notice and time for testing- Monero forks every six months for example
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the fork adds the capability It’s wise to create assets on the chain - once added then thousands of assets can be created & no new fork is needed plan for those no matter how complex or how manycontentious forks 
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It's healthy It’s wise to plan for multiple groups to discusscontentious forks 
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We'd anticipate that some diverse communities will use the Ravencoin chain and capabilities -- example both banking and gaming.Ravencoin will be a great tool for issuing tokens and financial assets. It will also be a great tool for things like issuing a token for unique art and also for gaming. Lots of gaming apps. And have healthy debate over all changes 
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If this project succeeds we'd end up with the gaming folks and the banking folks probably having different conferences.
== 8 Mar 2018 - Discord ==
('' again a fair bit of chat between 8th and 7th Mar on Discord, captured what looked the most interesting, and skipped a fair bit '')
Messy is the price you pay for decentralizationWe could make one "super professional" person be the head Forks also present a risk — every code change presents a possibility of all social media and Discord and the code etc. the more one person controls the more drawbacksunforeseen consequencesAnd people will never agree anywayWho would want to be be mediator of disputes between miners and others etc.== 14 Aug 2018 -----Yes there are plans to make an org to more formally support developmentAnyone can do that also btwTelegram ==
== 7 Mar 2018 - Discord ==Chatturga:There's no centralized "boss" who can tell people what kind of discords The v2.0.3 binaries are available to set updownload on the ravencoin github. People seem to have some impression Assuming that there is some "they" who can tell mods of a Discord channel what everything continues to do. If you set up a Discord channel run smoothly, and no one will have any power significant bugs need to tell you what to do either.-----be addressed, this is open source it's YOUR project. Are YOU willing to do the work to set up version that will activate DGW and run a Discord? If so then maybe people will join it.-----Anyone can make a new discordBIP9/RIP2 consensus voting for the asset layer. If it's awesome then people will use it.-----Someone asked about forks via DM - there is The devs recommend updating to this version soon (before block 338778), with a planned upgrade fork in 8 months or so. It will be well planned, tested particular emphasis toward pool owners and announced in advance so everyone can easily update miners with plenty of timeexchanges. This will add the asset creation capabilities into the protocol - it will not affect existing balances or addresses in any way and will not change coin supply etc.-----the Overstock info was covered - definitely never said Overstock wasn't involved, I said it's not a tZero project and that it isn't the same group as the Wyoming ll reach out to those people - ostk is involved in at the sense that end of the CEO is a huge supporter and he and day since the pres of Medici allow key employees devs want to work on this project while on company time-----Caitlin and the Wyoming folks aren't involved in dev or anythingdo a bit more testing.
== 6 Mar 2018 - Telegram ==(''Related to a question about the purpose of the coin, is it just a test for x16r'')https://github.com/RavenProject/Ravencoin/releases/tag/v2.0.3
Bruce Fenton:Please read the medium and watch the meetup == 05 Aug 2018 - algo is only one part. Overall coin will work to help create and transfer assets on the chainTelegram ==-----Bruce Fenton:Yes, hard fork is planned which will add more capabilities -- it won't be an airdrop - it will be in the form of an upgrade to the network that miners who wish to follow will need to update their binaries' Tron ''
(Tron:Ravencoin is a protocol platform for assets and will work with anybody'' this has been mentioned in s infrastructure. Additional requirements can always be added by exchanges, or issuers, but are not native to the first dev meet up to add token ability..asset protocol.many months away'')
== 2 Mar 2018 - Discord ==''(lots of chat on [https://discord.gg/d2K6jTA discord] - some of what we've caught here misses the context, and a bit of chat was skipped, but hopefully caught the most interesting, if you want the detail go to [https://discord.gg/d2K6jTA discord] and find the chat)''--
Tron:
You’re absolutely right. We are watching the issue closely. To put it in perspective though, our block times have been roughly 1.5x the speed of BTC during the worst of it. We have already switched to DGW on testnet and Ravencoin is slated to move to DGW on mainnet at the end of October. Our primary concern is not the code, that’s already done. Our primary concern is not allowing the chain to split. A chain split would cause far more damage and confusion than 5 minute blocks. The diff swings are a result of being profitable, then not, then profitable again, in an undamped oscillation. DGW will fix it, but it requires a hard fork where everyone must upgrade the software. This carries some risk.
I'd love to take a sec and address some incorrect info and misconceptions----
Tron:x16r is the hashing algorithm, and is different than the difficulty adjustment algorithm. It will still be x16r. The difficulty adjustment tries to make it so it is 1- minute blocks no matter how many cpus/gpus are mining. Currently it adjusts by looking back 2016 blocks and making a percentage adjustment to bring it inline. Soros afaik does not own this coin and isn't involved in any wayThere is a 4x limit, I doubt he's heard of which we are close to hitting. It isn’t good but itshouldn’t get much worse.
2- this is not an Overstock corporate project, they are generous in supporting lots of open source projects and allowing employees to work on them on company or personal time - I'm on the board of Medici, this is how Patrick heard of Ravencoin (I told him at dinner in Boston) we are thrilled that they like the project and allow key devs to work on it --
3- this Tron:RVN will still be RVN. The problem is not that anyone that doesn’t upgrade when the algo switches over, will be on a tZero project, is not being built for tZero, it's not different chain. Imagine the backend of tZeroproblems if CryptoBridge doesn’t upgrade, there are no discussions about this integrating or trading on tZero Cryptopia, etc. and as far as I know the tZero folks are not even aware of they have a different view. A hard fork is just a software upgrade, but it -- it's an entirely separate project-----Now as far as is really important that certain nodes upgrade. We have a managed upgrade already scheduled for the whole community discord issues: -- a lot end of people are so used to scammy centralized ICOs Oct that they might be new to open source and not know how it works. In open source lets everyone does what they want for decide on their own interest be that intellectual curiositywhether to upgrade and when enough mining nodes have upgraded, money or whatever. There are no rulers or CEOs and no one in the project works for other peopleit seamlessly switches over at a set percentage.
When someone says "the devs should do__" or "the discord mod should do X" they are essentially saying "Hey, do work I want for free"
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So for example, Kai is a community member who made this channel and can do whatever he wants.If he wants to convert it to a channel to discuss the Xmen comics that's his business. Tron:No one has , shorter block times aren’t the right problem. Rentable hashpower, and multipools which auto-redirect hashpower to tell other people how the most profitable coin makes it more difficult to run things they createcalibrate. They are welcome to create their own channel and do That’s what they wantchanged
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Yes overstock owns Medici and I am on Tron:The longest chain is the Medici boardwinner. We just need to make sure it is crystal clear which one that is. They contribute to open source projects If we have 1/2 mining power on one chain and generously allow key employees to work 1/2 on this project another, it gets murky. If that ever happens, just don’t transfer RVN during that time and othersyou’ll be fine. And, if you’re mining, make sure you’re on the longest chain.
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yes roadmap is Tron:DGW will go a long way towards that. We actually want increased hashing, we just don’t want it comingand going in multi-day intervals. 
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This is the people's coin. It's more widely and fairly distributed than any project Tron:I know of. That's hard for people to get used don’t think miners using a pool will need tochange anything. Especially when they are accustomed to dealing with ICO marketers who are trying to continually sell a product because they Just make money from itsure the pool you’re using has upgraded whenever the software is upgraded. All Raven in Make sure you’re using the market was initially acquired the same way: by fair mininglatest version to view/store/transfer your RVN. So there isn't some centralized profit center driving artificial promotions.
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one of the original ideas I had Tron:My understanding is that there was to focus a Pull Request for RVN on RSK - Tron figured out better ways to accomplish what we needed but RSK remains an awesome project with tons of benefits for Ravencoin-- Ledger. also it doesn't require core dev work because I don’t know if/when that will make it can be built on top of the chain -- so hopefully someone will develop that asap - we are focused on core protocol for nowinto production. 
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Would also be cool Tron:Yes, unix (linux), Mac, and Windows. We need to see people mess with LN on make sure the Ravencoin chainclient cross-compiles for all of them. 
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like with Bitcoin the Github has authorized people Tron: meYeah, Tron, Jesse, Cade can accept pull requeststhere were some awful asset names. I imagine that some of the web explorers and asset marketplaces will want to run names through a filter.Also like Bitcoin people can make their own implementations OR can do forksAny miner can run what they choose
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That's how Bitcoin and all other projects workTron:There’s going to be lots of interesting opportunities. I don't know of any other modelthink someone will build a marketplace for asset names.For foss
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For the folks upset about the discord I'd definitely recommend reading The Cypherpunk Manifesto.
One of the most important overarching themes Tron:There’s really only one chain. The problem is that cypherpunks write code. That's it - we aren't marketers or employees when you change the diff algo, then the version of people who speculatethe software using the old algo sees only old algo blocks as valid, and software using the algo only sees new algo blocks as valid. We are making a project The “real” one SHOULD be the new algo chain, but there’s no BOSS that we think will be usefulsays you can’t run older software. That's So itis really up the users to upgrade and all agree to use the newer software. No promises I can’t compel anyone to upgrade, but it will workwould make economic sense for everyone to use the new software. No guarantees of anything. In the Cypherpunk world you either We can write or run software that doesn’t change the code you like or you don't. It's algorithm until it sees that simple. If most miners have upgraded because we as can put a community together build something awesome then it might have value version number in the world. We make no scammy ICO style promises about value etc. It's a completely different model from most new projects blocks and takes a lot of understanding to get used tocount the mined blocks. Even today with Bitcoin over 9 years old many people don't understand the way development That’s what BIP9 does — Google it if you’re interested in how it works in open source.This literally is YOUR project. As Gavin Andresen said about Bitcoin "If you want to build something and are waiting for permission you have it, go build"
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I'm not a coder either -- I found a technicality: the Manifesto says you have to write code -- it doesn't say you have to be good at it or even skilledWe’re hiring like crazy. :)So if you wrote a line Most of HTML or programmed our hires are for tZero, Medici, and Bitsy. If you’re a Wordpress blog great developer, you are indeed a (basic) coder-- should apply. so that's easy. He harder part Bruce is understanding in NH and he visits Utah and embracing the Cypherpunk idealswe visit him in NH
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We are all coders which means we can all be CypherpunksTron:Yes. I don’t know how trademark rules would apply. I fought two trademark battles where I felt I was in the right. I won one, and folded the other against a giant “perfect” word processing company. 
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We cool now?Tron:There is support for that. I’m not in favor of that, in general, but it did make sense for our asset hard fork. 
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We plan annual meeting in October-/ meetups Tron:I hope not, because I think it would devalue RVN, but it is certainly a possibility. Interestingly enough, anyone who had RVN before then - there might that fork would have RVN and RVC, but I still think it would would be a cool farm we can use for a summer meetup in NHnet negative overall.Definitely will be NH
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We will also do meetups in UtahTron:Sometimes it is cheaper to mine, and sometimes it is cheaper to buy. Right now it is cheaper to buy — until the diff adjusts. I wrote a paper on how the two are interlinked. https://letstalkbitcoin.com/blog/post/bitcoin-value-and-mining-difficulty 
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We plan to have the ability to issue tokens be native Tron:Bruce and I agree that it doesn’t need shilling. Eventually, we’ll need to let more people know it exists and that it is a platform they can build on, but that isn’t even true until the protocolend of October when assets activate on mainnet. Not a smart contract 
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Bitcoin has the ability to let users issue tokens by using Omnilayer or Counterparty- Ravencoin is building on this model and will Tron:If there’s a Raven Classic, it probably wont have similar as well as more advanced features built in to the base codeasset support. 
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It's a different way Tron:Yes, we would like RVN to approach continue to be viable cash. We hope it gets used for rewards (paying all holders of your token in RVN), and for on-chain atomic swaps (paying for assets with RVN where the same problemtrade happens all at once). 
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Ethereum ERC20 has been amazing Tron:I’m not 100% sure. It seems like we’re in a bear market — similar to 2014- but this 2015. Some of it is a different type of model based on a different type of chainbeing sold to buy into RVN, EOS, and ADA, or into ICOs which are still going strong outside the US
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Tons of new use casesTron:I agree - kinda dumb. GamesIt is a completely arbitrary line. Enforce rules against outright fraud, securities tokens etcbut let everyone invest their money any way they choose. 
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anonymous / privacy features are a great idea but not first phase part of immediate roadmap
Ideally if Tron:I think there are ways that can will be bolted on to sites listing assets for sale. We’ve put “forsale” and “forsale_price” keys in the existing Bitcoin protocol which can improve privacy that would be an awesome thing metadata spec for contributors this reason. Brokers could scan the chain and the meta data to work onbuild a website for exchanging asset names.Because if it works on Bitcoin it will work on Raven
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There will be 2 levels with this because there is Tron:https://github.com/RavenProject/Ravencoin and there is the tokens/blob/master/assets/asset_metadata_spec.mdIdeally both will be totally private with opt in non-privacy features for those tokens who want to add aml or whatever
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 Tron:I'm very interested in seeing if tokens can be put into their own LN channels - we think it will be possibleshare the scripts to allow anyone to register any names they want. I’m excited to see what gets registered. 
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we had an in person meeting Tron:Sending assets will require a few weeks agosmall RVN fee. As roadmap is rolled out we will have more dev focused channelsI’d love to get rid of the fee, but it opens up too many attacks that don’t cost anything. 
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Changing the way value Tron:It’s been wonderful chatting with all of you. Thanks for your support of RVN. I’m working on some python scripts that’ll let you create batches of assets (with associated meta data) from a Google spreadsheet or csv. I’ll make them available next week for everyone to play with. It’ll make it easier for anyone wanting to register multiple assets.  == 03 Aug 2018 - Telegram == ''Some interesting posts from tron on telegram'' Tron:http://raven-blockchain.info/ext/getmoneysupply is represented in the world is a worthy goalstalled on an old block. Needs to be switched to: https://ravencoin.network/api/supply 
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It's got nostalgia -- that wasn't done for fun (though it is!) but because it worked for Bitcoinreferring to testnet launch''Tron:Thanks. Too many projects get away from this. EVERYONE knows that founders shares and foundation tokens and premines and "friends and family" rounds are crap. No one denies that true fair, free and open source projects are better... yet we see 1500 ICOs because people are greedy or lazy. This model is We had a good one few glitches that increases chances of success. If this had been done as an ICO we'd all have tens or hundreds of millions on paper - re fixing, but nothing close overall it seems to this community and dev can be boughtperforming as expected
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for legal items this is just open source codeTron:Brace yourself. Tons The limits of encryption messaging systems free speech are open source --being tested. FREEDOM!!!And a hash is different
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This community gets stronger every day. We have cycles of newbiesTron:In the qt, idiotsgo to Help->Debug, scammers then true believers, geniuses, OGs and cypherpunks. The later replace the former. We get stronger each day. It's an amazing community. Did you see how fast the chat changed once the new channel was created?No force in business or the global economy can match the power of a good open source project. Can you imagine if Kai and everyone else where employees of some centralized thing? It would neverconsole tab, ever be as robust and quick to adapt and change.type listassetsRaven the Trickster from myths and legends is a shapeshifter and creator who uses Ravens environment and surroundings to adapt and make new things. That spirt is a great embodiment of open source.
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that was me -- I said that I like Bitcoin to be Bitcoin -- I'm early adopter and board member of Bitcoin Foundation
As a crypto user I want a strong chain to issue assets on -- Bitcoin is definitely a strong chain but it's devs are (and should be!) focused on being digital gold or digital cash or whatever. As a Bitcoin hodler and user I don't want Bitcoin devs to be messing about with optimizing for tokens -- that's hard enough.
So this is why a use case specific blockchain is a good idea maybe : it combines the strength and ridiculously awesome code base of Bitcoin with a dev community which is focused on optimizing the code for a different use.
The hope is that by providing this platform it builds into something with significant advantages over other chains.
== 2 Mar 2018 - Telegram ==Tron:I'd be interested in knowing which ones it doesn't fulfill. It is portable, fungible, divisible, durable, transferable, and limited. USD is 5 of those 6.
I think the surprising aspect was how fast interest gained -- but one shouldn't mistake this as not having a plan or roadmap. This has been planned and thought about for years. Some of the key ways this is showing already are reflected in the strength of the network and number of nodes, users, community. As for funding, development is well funded, many people and companies have invested significantly into dev. The community has funded many significant parts of dev and is growing and stronger every day. The coin is less than 60 days old. The attention to this coin brings lots of good community strength and new devs, volunteers etc. one drawback is that publicity also brings people who don't care about the tech or want some sort of fast results or something. Development will take time--
Tron:
Michael Any wallet, explorer, exhange, etc. can use the .png. It likely will not be built into the reference client because we don't want to be downloading and showing the types of images that could be added. If you've looked at the list of assets created on testnet, you'll understand our concern.
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'' referring to facilitating adoption''
Tron:
Adoption - ease of use, cross platform (Windows, Mac, Linux, iOs, Android) , and secure.
== 28 Feb 2018 - Telegram ==---
Some additional ways to help Project Ravencoin and Tron:We hope assets will be tradable on decentralized exchanges. I think this will happen organically as soon as some real projects are using the Ravencoin networktokens.
- Download the executables from GitHub for your OS (located in the binaries section) and run Raven-qt.exe--
Tron:Medici has investments in about 14 different companies. I expect some of them will be able to use RVN, but RVN is not being developed in support of any particular project. It has larger ambitions to be a platform for asset issuance with multi- by running the Raven-atOS support and much easier to use than ERC20.exe wallet on every PC you own you automatically help strengthen the network
- join ---Tron:Verhoven RVN should be a pool and actively mine - this is especially effective if you currency. We want it to have a powerful system with value because phase 3 will allow paying token holders in RVN. Imagine a gpu project that's profitable where the early supporters are rewarded (so far Nvidawith RVN)based on the percentage of tokens they hold.
- if you know a developer ask them to consider contributing to GitHub https://github.com/RavenProject/Ravencoin there will be more and more need for dev help as we go---
- Tron:I'm not allowed to talk about code, utility, building tZero stuff and plans more than other external factors.
- if you know others interested in open source projects, maybe they will download the wallet, mine or contribute---
- share or post links Tron:I had experience with Counterparty, Mastercoin, colored coins, and open assets which had similar capabilities on top of Bitcoin. It was secure, but clunky because some bitcoin had to ravencoinbe sent with every asset, and the fees became prohibitively high last year.org and We've been able to fix these issues because we can make adjustments that the twitter ravencoincore Bitcoin developers can't make.
- review bounties and work to complete some---
- support Tron:The ideas behind the community bountiesproject and using the blockchain for tokenizing assets came from Bruce Fenton, as well as the project name and logo.
- build independent apps ---Tron:I'm in talks with the leadership and developers on top of this chain (nearly everything that can or has been developed for Bitcoin from wallets to second layer projects to paper wallet generators can be implemented on project. We've agreed that Ravencoin is great once they're tokenizing the land. First stages are about recording ownership and Ravencoin chain relatively easily) immediate advantages of this chain: low cost, fast 1 minute blocks, asic resistant, widely distributeddoesn't fit that use case as well.
- keep active in the community, share ideas, communicate and follow the project's evolution---
Tron:I've talked to lots of companies about their projects on RVN. Two game companies, one tokenized real- read the Cypherpunk Manifestoestate company, and a VC company that wants to do tokenized Reg A+ offerings.
- learn about tokenization of securities and protocols which move things value using blockchains---
Tron:I created a crypto accounting system called CoinCPA -- share what you learn with others: make posts, blogslook for the podcasts from 2014. I was an early employee of Tzero. I'm a Tzero advisor. I worked for crypto company out of Hong Kong. I've helped Spera, videos and tutorialsBitsy which are portfolio companies of Medici Ventures.
This project belongs to you. There is no owner, there is no premine, no ICO, no special founders tokens sale or presale, there is no controller. It's yours...the early members of the community and others who join. We make from it what we put in.----
The Inuit, Tlinglit, Tahitian, Chukchi, Sioux and the Haida among others call Raven the magical keeper of secrets, the trickster, friend of the First Men and Creator of the WorldTron:I do have some coins. An idea or force able If anything bad happens to shift, change and create something from nothing. In open source the power of the crowd can do amazing things. Look at what we have accomplished in less than 60 short days: a fairly issuedRavencoin chain, widely distributed coin with a very solid network and code bassit will affect me personally.
This is your coin, whatever you put into it is what it becomes. This will be fun.----
Tron:
It's exciting. I'm a huge fan of everything that's happening in the crypto space. I think the Ravencoin community is the best! I feel honored and blessed to be a part of the project. I really want it to succeed.
== 26 Feb 2018 - Telegram =='' guest appearance from Tron here talking about the algo a little ''---
'' in reference to some significant purchases seen recently on cb ''
Tron:
It I can say for certain it isn't one algorithm each blockme. It is 16 algorithms where 8 bytes (16 nibbles) determine the order of the hashingreally don't think it's Patrick. 16 algos are used in a chain every block I don't think it's Bruce, but I don't know that.  ==31 July 2018 - Discord 2 == Reminder: The order of those 16 algos careful using testnet and wallets etc - someone WILL lose money because they get confused, send real coins to the wrong place only use if you know what you are detemined by doing :smiley: ----I propose that we as a community voluntarily white hat any major names like Google -/ hopefully if the hash real Google wants to use it the community member will give it to them at cost — but that’s optional of the previous block which is unpredictable.course----There isn’t any way to pre-reserve or verify names----But we can cooperate to register good ones---- No first dibs :smiley:----White hats racing against squatters 
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TronTestnet will give people a chance to see what has been built and will also allow more contributors to easily contribute and do security testing because the code is published and everyone can be on the same page  Testnet also allows 2nd and third layer developers to see how the protocol works and build and test apps  Since the network was built first with ravencoin we already have a massive head start when mainnet is launched (versus if the network genesis and the asset layer were launched together) This means that since racencoin already has tons of users, community members and interested parties the usability of the asset layer capabilities increases  There are a lot of us in the community who can test and build on this protocol  So - when mainnet launches :rocket: there will be a lot of people ready to jumpstart that network and build on it  I predict a lot of asset names reserved right away (it will be like domain registration races / land grab) When mainnet is launched people will be able to immediately create real assets which will be verified by the ravencoin blockchainThey == 29 July 2018 - Discord 2 == We had mini raven sculptures hidden all around the Satoshi Roundtable == 14 July 2018 - Discord 2 == Ravencoin as a real open source & fair launched project will never have the captive marketing budget of an ICO — but those projects will never have the tech depth or scalability that the Ravencoin protocol has. ----Icos as we know them will not be as big as securities tokens == 12 July 2018 - Discord 2 == The dlr is a different thing - it’s a specific tool to help crypto interface with existing wall st touting systems  Aside from this Tzero is also an exchange which will trade security tokens ==11 July 2018 - Discord 2 == Just one solid exchange would be very relevant ---- Rvn took a path more like BTC or ltc ---- I think an exchange will happen ---- There actually is a lot of raven marketing - it’s all pretty much done by volunteer community members bits be trippin etc ---- I think Tzero hasn’t announced exactly how they will make listing decisions — there will be lots of factors  Rvn could be appealing to any exchange because it has high interest and volume and is not a security and also its code base is based on Bitcoin so well understood  Rvn is an especially natural fit for exchanges focusing on securities tokens == 11 July 2018 - Discord 2 == From @Chatturga Hello, everyone. I bring exciting news about the asset layer! Assuming that everything goes smoothly, the binaries to test the asset layer on testnet will be available for download on July 30th. Additionally, the target date for mainnet release has been tentatively set for October 31st. These dates give the community time to find any issues and for PR'd s to be processed - with October 31st also being the 1 year anniversary of the first Medium article about Ravencoin. == 3 July 2018 - Discord 2 == Have I mentioned that this is Game of Thrones? GAME OF THRONES! This space is very treacherous and risky - there is a ton of uncertainty. A coin claiming they will “beat Bitcoin” is not credible — neither is it credible to say Bitcoin has a 100% chance of being both global money and the rails for all tokens with zero exceptions. There are a few possible outcomes: 1) Bitcoin becomes the only chain, all projects become sidechains on Bitcoin - RVN and ALL other coins/ projects die completely (possible but unlikely / not certain enough to bet on 100%) 2) Bitcoin dies, other coin or coins / projects serve that need (unlikely)  3) Bitcoin becomes important money and important chain for tokens but other projects survive and serve large or niche markets 3a Raven is one of these survivors 3b it isn’t (This is the most likely scenario imho of the 3 — even if I felt an 80% chance of option 1 then it would still be prudent to handle 16 algos support other coins in case BTC fails or in case any can develop a niche which serves one area better than BTC) ----- So if option 3 occurred and adapt raven survived then it could be used in even a “small” niche of the order based possibly deca trillion dollar token market and end up being very important. Cross chain atomic swaps and lots of other things will make cooperation between projects make sense — LTC is a good example - the project has never tried to be at odds with Bitcoin. Bitcoin was always going to do tokens — that a HQ co like Blockstream is working on this is exciting and validated the hash entire idea.Just a month ago all the best “experts” were saying that tokens couldn’t be put on Bitcoin or a fork of Bitcoin — this is specifically why I always used Bitcoin not raven in the previous blockperiscope video examples on security tokens.  When we did these demos everyone laughed — well now the smartest devs in the space are doing what we’ve been working on for a while as well (Blockstream has worked on this a long time too) It isn't ASIC proofwill be great if both Bitcoin and Raven serve markets in tokens successfully - there are certainly plenty of ways that can work — I also think other projects like ada and eos will have a good chance of surviving and several platforms will thrive for different reasons. Anyway — being that this is Game of Thrones and in the grand timeline of global money and blockchains - we are early in season 1 ... it’s a good time to be supportive of all projects and focus on building great tech rather than “beating” someone.Also — most importantly — Blockstream is NOT a competitor of Raven - Blockstream is a company with investors and some top devs and products etc. - Ravencoin is an idea and some code / software which generates a scare digital asset. So back to the Blockstream announcement  ...If this is Game of Thrones here we are over at Raven Tower okay — and Adam Back is like the Maester from Fort Block — he just moved in and says he wants to fight white walkers with the weapon he’s been working on — Okay I could go on :joy:... But seriously, Blockstream is not an enemy to this project - that’s absurd - they are awesome people and high quality cypherpunks and some of the smartest people in the industry.  The “competitor” isn’t Blockstream it’s Bitcoin (for tokens!) — obviously Bitcoin is the strongest chain and it’s very unlikely raven would replace it — that was never the goal, point or idea (at least from my personal POV or imho)- the better competitor is ETH who actually has serious weaknesses.  Goal as I’ve always personally seen it is to work on this specific use case on a PROTOCOL level to see if it develops advantages overall — it has had some since day one —  Just build good stuff and keep focusing  If you want to attack someone ETH is a better target but even those folks are pretty cool — better to hope the rising tide lifts all boats!! ----- Yeah no one should care so much what I say — centralized authorities are bad  I love this coin and project and community — this is why I’ve given what I think is a fair share of free work to the project — but my activity shouldn’t be so relevant (and neither should anyone else’s) ----- I don’t see it as competition and even if someone were so it would be silly to claim this chain is stronger than Bitcoin - imho far smarter way to look at things is the way LTC and to a lesser extent cardano does: we are all in the same ecosystem ----- I’ve supported raven as best I can and will continue to create — I’ve done about 15 speeches and a hundred tweets and 12 interviews and I’ve received death threats and nearly daily criticisms and accusations of being a scammer / pumper because of being such a thingvocal supporter — I’ve spent hundreds of thousands of dollars of my own money on support of raven — I’ve taken time from my family to fly to meet devs and I’ve spent hundreds of hours on everything from writing and research to design to chatting in forums or answering questions. I receive zero pay and zero special coins or bonus for any work or commentary I do on Raven —Every hour I spend on Raven is uncompensated and I have to skip other paying work to do -  If people think it’s not enough or can do better then by all means hopefully they can step up and be spokespeople also — I offered to help others do so a while ago & will make more ppt etc when I can ----- Asset layer test net should be out in July ----- Blockstream moving into this is great news for the overall ecosystem ----- It’s a $40 trillion market ----- Personally I see it as very different ----- Raven is open sourceIf you want to compete with a company you canOr use the code and software how you choose == 2nd July 2018 - Discord 2 == I have over 150, then we'd change 000 social media followers and announced Raven to over 2000 conference attendees at crypto conferences including Miami BTC and Texas Bitcoin Conference It was posted by many others aside from me and retweeted and reposted by many others  We had 4500 miners within a week and the network grew so fast that solo mining and cpu rigs were obsolete within two weeks To claim that no one was on the network and that some algo, secret miner dominated the mining is preposterous and easily provably false  In the very earliest days the network was widely distributed — the three largest miners (Overstock / Medici and three parties I don’t know who they are) each never reached more than 10-15% of hash power —- and that was only for a short few weeks or change so in the earlier days  Since then the math can easily show that for anyone to have significant network power they would have to spend a significant amount on GPU rigs — the math & metrics behind this are trivial for anyone with a basic understanding of mining and crypto  It is simply impossible to have had a special advantage on the order starting launch - all anyone could have possibly done is what early miners did:: take a big risk on early equipment-/  No one had any advantage whatsoever and there was absolutely no premine or set aside or insta mine at all  This is what is great about this tech - a blockchain is provableI guess at block X to allow the software ravencoin annual meeting we can ask early miners to be changed. ASICs raise hands ----- Blockstream is a company — raven is a protocol We are not welcome.competing with Blockstream == Older Posts == [[Fenton Files: April 2018 - June 2018]] [[Fenton Files: start - March 2018]]

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