Ravencoin Review: RVN Still Worth It??

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β–Ί Ravencoin Mining Guide: https://www.coinbureau.com/mining/ravencoin/
β–Ί Best Ravencoin Wallets: https://www.coinbureau.com/analysis/ravencoin-wallets-rvn/

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⛓️ πŸ”— Helpful Links πŸ”— ⛓️

β–Ί Website: https://ravencoin.org/
β–Ί Whitepaper: https://ravencoin.org/assets/documents/Ravencoin.pdf
β–Ί GitHub: https://github.com/RavenProject/Ravencoin

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πŸ“±οΈ Socials πŸ“±

β–Ί Blog: https://medium.com/@ravencoin
β–Ί Twitter: https://twitter.com/ravencoin
β–Ί Telegram: https://t.me/RavencoinDev

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πŸ“ Project Overview πŸ“

Ravencoin is an open source, decentralized and Peer-to-Peer cryptocurrency that was developed specifically for the purposes of transferring assets.

Ravencoin is a fork of Bitcoin which means that it is built on some pretty established technology.

βš™οΈ Technology βš™οΈ

Ravencoin is a Proof of Work protocol. It uses the X16R mining algorithm. This was chosen because it is ASIC resistant.

Ravencoin has a 1 minute block time which is compared to Bitcoin’s 10 minutes.

With the asset creation mechanism, anyone can create an asset on the Ravencoin blockchain as long as they burn a certain amount of RVN in exchange.

Ravencoin also includes non-asset tokens that can be used for other purposes such as communication and voting.

πŸ’°οΈ Token πŸ’°

The native coin behind the Ravencoin ecosystem is RVN. This was released to the community without any ICOs or pre-mines & with no founder’s pool.

There is a max total supply of RVN of 21 billion and the coin is relatively easy to mine.

πŸ‘¨β€πŸ’»οΈ Team, Partners & Development πŸ‘¨β€πŸ’»

Ravencoin does not have an established team as it is mostly open source. There is a pretty extensive open source collective behind the project that keeps developing on it.

πŸ“ˆ Trading & Wallets πŸ“ˆ

RVN is traded on a number of exchanges although the bulk of it appears to be on Binance. There are strong levels of liquidity here.

There are also a host of storage options that support RVN including a number of hardware wallets.

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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