Dynamic and history value of price RVN. Maximal value of price ravencoin was 0.02682$ - 2020-08-17 11:00:19, Minimal price of RVN was 0.01317$ value and fixed at 2020-09-24 02:00:08. Today price of ravencoin is : 0.01452$
Ravencoin is a peer to peer digital network that aims to implement a specific blockchain for use cases, designed to efficiently manage a specific function: the transfer of resources from one part to another. Built on a fork of Bitcoin code, Ravencoin was launched on January 3, 2018 and is an open source project (without ICO or masternodes). It focuses on building useful technology, with a strong and growing community. Launched on January 3, 2018, the ninth anniversary of the Bitcoin launch, Ravencoin is an open source project designed to allow instant payments to anyone around the world. The goal of the project is to create a blockchain optimized specifically for the transfer of resources as a token from one owner to another. A fork of the bitcoin code, Ravencoin presents four key changes: The issuance program (block prize of 5,000 RVN) Block time (1 minute) Currency offer (21 billion) Mining algorithm (X16R) This algorithm is intended to deal with centralization mining caused by ASIC hardware. In the X16R algorithm document, the team behind the coin explains that the fixed order of ordinary hashing algorithms lends itself to building ASIC miners. However, the X16R algorithm aims to overcome this problem by constantly interrupting the order of the hashing algorithms: it uses the same algorithms used in X15 and SHA512, but the order of these algorithms is changed based on the hash of the previous block.