|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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'''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].
<div id="MainContent">[http://www.ravencoin.org Ravencoin] is an open source project built on a fork of [https://en.bitcoin.it bitcoin].----
It was launched on the 3rd of January 2018. A fair launch with no pre-mine. Announced by Bruce Fenton [httpshttp://twitterwww.ravencoin.com/brucefenton/status/948682276229074945 on twitterorg Ravencoin]. It's a truly is an open source project, no pre-mine, no ICO, no masternodes, focused built on building a useful technology, with a strong and growing fork of [[community]https://en.bitcoin.it bitcoin]version 15.1.
A selection Ravencoin fairly launched on the 3rd of thoughts from 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 the core team, about the background has a strong and future direction for Ravencoin is available in '''growing [[The Fenton Filescommunity]]'''.
The coin Ravencoin aims to implement simple issuance and management of tradable assets on 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 the developers created a new algorithm, x16r.
What makes this algorithm x16r unique is the changing order of the 16 hashing algorithms is constantly changed based on the hash of the previous block, this randomness . 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 [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 projects project's [https://github.com/RavenProject/ github] on the 3rd of April 2018.
Testnet asset functionality A whitepaper type document describing the background and intention of the project was launched published on 30th July 2018 - further details can be found the same date on Ravencoin.org [https://ravencoin.org/Ravencoin.pdf here] and Bruce posted a [Testnet|https://twitter.com/brucefenton/status/981564543749971968?s=19 Twitter thread] summarizing some key points of the whitepaper and growth of the testnet page]]project to date.
A whitepaper type document describing At the background and intention time of launch, the project was published on the same date on Ravencoin.org core team is funded by [httpshttp://ravencoinwww.mediciventures.orgcom/Ravencoin.pdf hereMedici Ventures] and Bruce posted a who are owned by [https://twitterwww.overstock.com/brucefenton/status/981564543749971968?s=19 Twitter threadabout Overstock.com] summarizing some key points of - Patrick Byrne, the whitepaper and growth CEO of the project to dateOverstock talks [http://uk.businessinsider.com/bitcoin-pioneer-overstock-ceo-explains-long-standing-crypto-play-ravencoin-2018-2 about Ravencoin in this BusinessInsider interview.]
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] - the CEO of Overstock can be seen talking [http://uk.businessinsider.com/bitcoin-pioneer-overstock-ceo-explains-long-standing-crypto-play-ravencoin-2018-2 about '''Ravencoin in this BusinessInsider interview.]Blockchain parameters:'''
'''Block Time''': 1 minute
