Ravencoin is a project creating a peer-to-peer network to transfer assets in the form of tokens from one user to another. The created blockchain has open source code, so everyone can join its development. Much emphasis is placed on decentralization. To prevent mining with ASIC, a new mining algorithm X16R is used. Stock ticker is RVN. Coin appeared at the beginning of the 2018. Total output is expected to be 21 billion coins. The formation time of one block is 1 minute, and the reward for its production — 5000 RVN. The project capitalization on 05.07.2017 is $16.2 million. Daily trading volume is $249,900.

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Coin’s Details

  • Market Capitalization

    $108.1 M

  • Volume 24H

    $20.0 M

  • Blockchain

  • Circulating supply

    7 558 600 000

  • Total supply

    21 000 000 000

  • Proof type

    Proof of Work (PoW)

  • Algorithm

    Delegated Proof of Stake (DPoS)

  • Team Location

  • First announced

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