Changes

From Ravencoin Wiki
Jump to navigationJump to search
615 bytes added ,  01:08, 11 October 2019
no edit summary
* Reward those that contributed the most to a shared project and earned special tokens
== New Mining Algorithm X16Rv2 - Oct 1st, 2019 ==[https://medium.com/@tronblack/ravencoin-asic-thoughts-e6c0079609e6 As it became evident that X16R ASICs were developed and mining Ravenvoin in July 2019], the X16R mining algorithm was adapted with a small modification to X16Rv2. This adaptation involved adding an extra hashing algorithm to three of the 16 existing ones, which greatly reduces the times an ASIC can be used (~3.5%). X16Rv2 was implemented using an [https://github.com/bitcoin/bips/blob/master/bip-0099.mediawiki#asic-reset-hardfork ASIC-reset-hardfork]. ==Phase 5 - Messaging, OIP, and Restricted Assets (Aim: Q2-Q3 Q4 2019)==
A message is "broadcast" if an owner token or channel token is sent in a transaction to the same address with the addition of an IPFS hash and an optional expiration date. The message isn't really broadcast in the sense of being transmitted to nodes, but rather each node will independently detect the special transaction type and display the message. Message display is subject to some heuristic anti-spam rules.
* Use Raven messaging for other systems.
== Dark Gravity Wave - Aug 20th, 2018 ====Phase 6 - Voting (Aim: Q4 2019Q1-Q2 2020)==
Ravencoin will support voting. Creating a vote will create vote tokens. These vote tokens are identical to normally issued tokens, except that they are created in exact qty and units as an already issued token. Vote tokens move just like regular tokens up until the block height when the vote expires. This allows vote token holders to send their vote to a delegate that might have better information about the topic and therefore cast a more informed vote. The feature will also allow voting by percentage of ownership. Second tier web voting can be built on top of this protocol.

Navigation menu