RavenCoin
RVN
Blockchain for issuing assets
Top Markets
Summary
Key Metrics
24h Volume
The aggregate trading volume for RVN on Bittrex over the past 24hrs, in USD.
Circulating Supply
Amount of RVN that is currently available to the public and in circulation.
Market Cap
The Marketcap is calculated using the last price on Bittrex and liquid supply sourced from Messari.io
Key Info
Sector
Currencies
Category
Payments
Token Type
Native
Token Usage
Payments
Consensus Algorithm
Proof-of-Work
On-Chain Governance Type
Delegative on-chain vote
overview

Ravencoin was created with the intention of being able to transfer unique assets to one another in a simplified manner. Although with Bitcoin, being able to transfer assets/information through an actual transfer of Bitcoin is permitted, existing Bitcoin nodes are unaware that assets are embedded in the message. This also means that actual Bitcoin must be sent for every asset transaction and there could be cases where the receiving party is unaware of the asset. This makes the asset susceptible to the receiving party accidentally sending those Bitcoins to another wallet and ultimately end up losing those assets. Ethereum, on the other hand, does allow the transfer of assets but is unable to differentiate between assets of the same unique name. Ravencoin’s intention is to create a bitcoin-like system that is fully asset aware.

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token

Tokens on the Ravencoin protocol will be used to facilitate the issuance of unique assets and transfer. Assets or tokens can be used for anything the creator wants them to be. Some examples include, but not limited to, land deeds, car ownership, energy credits, securities, partnership interests, virtual goods, airline miles, etc. Payments, or rewards, can be done through the native token, RVN.

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technology

Ravencoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Ravencoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

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governance

The Ravencoin protocol utilizes the BIP9 consensus rules for governance in situations where forks may occur or upgrades are needed.

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