Changes

From Ravencoin Wiki
Jump to navigationJump to search
2 bytes added ,  02:56, 26 March 2020
no edit summary
[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 3 - Dividends/Rewards (Aim: Q4 2019)- Feb 7th, 2020==
Rewards, also sometimes called dividends, provides a way to send tokenized assets or RVN to token holders by percentage of tokens held. Dividend support can be done without modifying the protocol. Rewards do not require a consensus protocol change, and the rpc calls exist to be able do rewards already. These capabilities just make it native and easy-to-use from the client.
* Reward those that contributed the most to a shared project and earned special tokens
==Phase 5 - Messaging, OIP, and Restricted Assets (Aim: Q4 2019)- Feb 7th, 2020==
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.

Navigation menu