<p>The Ravencoin project was launched in 2018 as a Bitcoin fork. It is an open-source digital peer-to-peer software that seeks to facilitate easy asset transfers from one holder to another. This one specific function, transferring assets from one party to another, is the predominant use case for the Ravencoin blockchain.</p><p>Ravencoin aims to keep user control, privacy at its core, as well as remain censorship-resistant and be jurisdiction agnostic. It also began with the more speculative aim to see a single-use case blockchain and its development could improve or be advantageous to already existing blockchains. As such, the project began in a very experimental fashion.</p><p>Since Ravencoin is based on Bitcoin code, the network offers an alternative method of asset transfer from smart contracts as seen on Ethereum. RVN is the blockchain’s native coin.</p><h3><strong>What are Ravencoin’s key features and how does it work?</strong></h3><p>Since the Ravencoin technology comes from a fork of Bitcoin, much of the software is based on the expansive development and testing conducted on Bitcoin prior to the fork. However, it has some key differences. This includes faster block reward time, an altered number of coins, as well as a different mining algorithm.</p><p>The blockchain chain allows anyone to issue a token on its network, as long as the main goal is aligned with that of Ravencoin, i.e. to transfer an asset. To issue a new token, users burn a certain amount of RVN and must give their token a name. Token creators can give their token specific characteristics, for example, fungibility and the number of tokens issued.</p><p>Ravencoin also has its own wallet, known as MangoFarmAssets, where users can store their RVN tokens, or other tokens created on the network, as well as NFTs.</p><h3><strong>What is noteworthy about Ravencoin?</strong></h3><p>The first unique aspect of Ravencoin is its mining algorithm known as X16R. Like Bitcoin, the mechanism is Proof-of-Work. However, unlike Bitcoin, it uses a unique hashing algorithm called X16R. It has a design that is meant to facilitate more decentralized mining than the original SHA-256 Bitcoin algorithm. A network of computers runs the Ravencoin software in order to secure the network by validating transactions and distributing RVN.</p><p>The hashing algorithm allows for more decentralized mining by not being compatible with certain hardware that arguably makes mining more profitable for those who use it. In particular, this is mining via ASICs (application-specific integrated circuit chips). Proponents argue that ASICs lead to higher centralization due to the large upfront investment required to have the required hardware. Anyone can mine for RVN with their own CPU.</p><h3><strong>What can Ravencoin be used for?</strong></h3><p>Ravencoin can be used by anyone in order to create and issue tokens that represent many types of assets. This could be gold, stocks, or other digital assets. NFTs can also be created on the Ravencoin platform.</p><h3><strong>Where can you buy RVN?</strong></h3><p>RVN is available to buy from the CEXs and DEXs as listed here, the price of RVN will vary depending on the exchange and interest.&nbsp;The most popular options are Binance, OKEx, and HitBTC.&nbsp;</p><p>For RVN price data, you can view our price charts.</p>

Ravencoin

Ravencoin is a P2P blockchain designed for transferring various user-issued tokenized assets. RVN mining utilizes the proprietary XR16 algorithm.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Payments are processed by Heleket. Use only the supported chains/tokens. CryptoRank cannot compensate for failed transactions made on an unsupported blockchain.

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Payments are processed by Paddle. Use only the supported payment methods. CryptoRank cannot compensate for failed or incomplete transactions made outside of supported options.

Receive Comprehensive Analytics, Exclusive Research, and Guides

Payment confirmed

Add promocode

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

Filters

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Analyze a price difference for %name% pairs between different exchanges and markets to find the most profitable chains

RavencoinRVN

Ravencoin Arbitrage