What is Ravencoin? To us, the RVN community, it's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects. Specifically working on things like RSK, which will allow solidity to work on this chain, will be huge for Ravencoin in the future. RVN was launched January 3rd 2018 with very little info regarding the future of the project. Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning. The RVN team is launching their coin in the spirit of Bitcoin, code first. We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us, or take our word for it.
![cropped-ravencoinpolytrue[1].png](https://images.hive.blog/768x0/https://steemitimages.com/DQmQgyXgQVT2NquMAoPMi4smUPu6aSmHDZJPCYo7xYRE7A1/cropped-ravencoinpolytrue%5B1%5D.png)
Ravencoin IS open source, and ANYONE is free to contribute to the project, please, join the team in GitHub!
Ravencoin was launched in the interest of fair distribution. There is no ICO, no pre-mine, and you can mine RVN on readily available consumer grade hardware! Several of us have been mining this coin since launch, and can attest that you can still currently hit blocks solo mining with your CPU through the wallet client, how long this will last, we can not say. We have learned, however, that the team is very dedicated to making RVN an ASIC resistant project now and into the future. We believe in RVN as a project and aim to help the project grow, and we're happy to have you join us!
Algorithm: X16R
Whitepaper:
https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper.pdf (new!)
Block Time: 1 minute
Block Reward: 5000 RVN
Total Coin Supply: 21 Billion
Founders Reward: No
ICO: Hell no.
RPC port: 8766
AddNode:
Complete Node List: http://threeeyed.info/network
ref: https://bitcointalk.org/index.php?topic=2752467.0%EF%BB%BF
How did you configured it to mine solo? So far I saw only pool options.
the days of solo are long gone. find a dif. coin if you want to run solo.
5000 rvn with 21 milkion cap?
Isnt that weired?
Also, where can i buy this?
http://rotcex.com/
The only "Exchange" i know of right now, for RVN.
because it launched just one month ago.
It's 21 Billion.
Not many exchanges for this relatively new coin, yet. You can mine it with your GPU though, here's how:
https://steemit.com/ravencoin/@atheron/mining-ravencoin-using-ccminer-with-nvidia-gtx-1070-on-suprnova-pool
and interesting project in that in introduces a new algorithm which is a combination of 16 currently used algorithms. With bitcoin now being mostly mined by huge warehouses in china and Europe, the foundation of "decentralization" is compromised. This new combination of algorithms would in theory prevent the coin from being taken over by centralized ASIC miner warehouses. Will be interesting to see what else the coin brings to the table.
So people are just getting paid steem to copy and paste content now?? This is verbatim all over the web already. WTF. Paid plagiarism.
That means i can mine a hell lot coins then. Interesting.
Very interesting project indeed! I hope other project like maybe Loci doesn't make it look small. I hope you see this https://venturebeat.com/2018/07/12/loci-is-using-blockchain-technology-to-tell-you-if-your-invention-is-unique/