Ravencoin (RVN) price, charts, and info

Ravencoin
RVN
$0.022282
0.00000023 BTC
Marketcap
$323,439,779
Volume (24h)
$16,259,163
Circulating Supply
14,521,377,522 RVN
Total Supply
21,000,000,000 RVN
RVN

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* Currency in USD
Historical Price for Ravencoin
DateOpenCloseHighLowVolume
Ravencoin Markets
#SourcePairVolumePriceChangeUpdated
Ravencoin Faucets
FaucetPayment
AutoBitcoinFaucetPay  
AutoClaimFaucetPay  
AutoFaucetDirect Pay  FaucetPay  
CoinPayzDirect Pay  FaucetPay  Coinbase  
Dutchycorp Final AutoclaimDirect Pay  FaucetPay  Coinbase  
EarnCryptoDirect Pay  
EC MiningDirect Pay  FaucetPay  
Faucet CryptoDirect Pay  FaucetPay  
Phoenix AutoDirect Pay  Coinbase  FaucetPay  

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What is Ravencoin?

RavenCoin derives its name from a bird called Raven that was used to deliver statements of truth in western folklores. It is a peer-to-peer digital network used for transferring digital assets from one person to another. It is a also a Proof-of-Work currency based on a Bitcoin fork. The coin was launched on January 3, 2018, during the Bitcoin's 9th anniversary.

RavenCoin has some distinctive features that differentiates it from Bitcoin. For instance, its blocktime is one minute, has an suance schedule block reward of 5000 RVN and uses X16R mining algorithm. It is this algorithm that counters ASIC miners to prevent centralization by disrupting the hashing algorithms' ordering like is in the case with Bitcoin.

The main purpose of this coin is to enable transfer of digital assets like tokens from one individual to another. It is good to note that this coin is free from ASICs thanks to its algorithm, had a fair launch, there was no premining and is not linked up to any exchange. Users are free to ask about prices and carry out price checks.

At the moment, the most practical use the coin can be put into is enabling instant transfer of cash from one person to another anywhere in the world.