Ravencoin is a blockchain project focused on building open-source technology for simple issuance and management of tradable assets on a blockchain. It was launched in January 2018 without an ICO, pre-mine, or masternodes, and is built on a code fork of Bitcoin version 0.15.99. Ravencoin is notable for its use of the X16R algorithm for mining, which is a randomized ordering of 16 hashing algorithms to prevent ASIC domination of the network. Ravencoin has since moved to the KAWPOW algorithm to further prevent ASIC domination.

Who Created Ravencoin?

Ravencoin was announced by Bruce Fenton on Twitter and was launched without a central organization. The project has a strong and growing community, and the core team has produced a development roadmap with seven phases.

What is Ravencoin used for?

Ravencoin is used for the simple issuance and management of tradable assets on a blockchain. It aims to provide a decentralized and democratized alternative to traditional financial instruments by enabling the creation of assets that can be traded without the need for a centralized intermediary. Ravencoin has also been designed to be energy efficient and resistant to ASIC domination, which the developers see as a potential threat to decentralization. Ravencoin has gained attention in the crypto space due to its strong community and unique approach to asset issuance and management on a blockchain.

Ravencoin (RVN) Markets

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	RVN-USDT RVNUSDT	binance	AA	0.001490USDT	-0,53%	470.942.325,90RVN	9173	0.001498USDT	0.001514USDT
2	RVN-TRY RVNTRY	binance	AA	0.07360TRY	-0,67%	207.666.932,82RVN	2009	0.07410TRY	0.07470TRY
3	RVN-USDT RVN-USDT	okex	A	0.001492USDT	-0,27%	61.746.773,91RVN	1112	0.001496USDT	0.001513USDT
4	RVN-USDT RVN_USDT	whitebit	BB	0.001493USDT	-0,47%	36.485.229,30RVN	2342	0.001500USDT	0.001516USDT
5	RVN-USDT RVNUSDT	bybit	A	0.001489USDT	-0,80%	36.280.585,30RVN	640	0.001501USDT	0.001518USDT
6	RVN-USDT RVN_USDT	gateio	A	0.001491USDT	-0,38%	19.168.644,00RVN	1091	0.001496USDT	0.001513USDT
7	RVN-USD RVN_USD	cryptodotcom	AA	0.001483USD	-1,79%	2.799.080,00RVN	58	0.001510USD	0.001511USD
8	RVN-USDC RVN-USDC	okex	A	0.001481USDC	-0,34%	882.615,47RVN	15	0.001486USDC	0.001499USDC
9	RVN-EUR RVN-EUR	okex	A	0.001323EUR	-0,75%	466.450,77RVN	48	0.001333EUR	0.001343EUR
10	RVN-USDT rvn_usdt	xtpub	-	0.001490USDT	-0,67%	234.791.279,30RVN	2478	0.001500USDT	0.001510USDT
11	RVN-USDT RVN_USDT	coinw	-	0.001490USDT	-0,53%	156.201.979,73RVN	3247	0.001498USDT	0.001512USDT
12	RVN-USDT rvn_usdt	lbank	C	0.001491USDT	-0,40%	113.291.982,20RVN	3859	0.001497USDT	0.001513USDT
13	RVN-USDT RVN_USDT	bydfi	-	0.001490USDT	-0,67%	102.085.676,60RVN	2535	0.001500USDT	0.001510USDT
14	RVN-USDT RVNUSDT	mexc	C	0.001487USDT	-0,80%	41.065.575,07RVN	3250	0.001499USDT	0.001517USDT
15	RVN-USDC RVNUSDC	mexc	C	0.001487USDC	-0,73%	37.069.676,31RVN	2998	0.001498USDC	0.001513USDC
16	RVN-USDT rvn_usdt	digifinex	D	0.001500USDT	0,00%	35.126.255,50RVN	3518	0.001500USDT	0.001520USDT
17	RVN-USDT RVNUSDT	binanceusa	B	0.001485USDT	-30,35%	6.309.344,50RVN	140	0.002132USDT	0.002399USDT
18	RVN-USD RVNUSD	binanceusa	B	0.001500USD	-32,16%	3.272.300,70RVN	79	0.002211USD	0.002400USD
19	RVN-USDT RVNUSDT	latoken	D	0.001475USDT	-1,27%	1.723.615,00RVN	216	0.001494USDT	0.001512USDT
20	RVN-USDT RVNUSDT	bitrue	D	0.001486USDT	-0,73%	644.125,00RVN	440	0.001497USDT	0.001512USDT
21	RVN-IDR rvnidr	indodax	E	57,00IDR	5,56%	297.245,53RVN	23	54,00IDR	57,00IDR
22	RVN-INR RVNINR	coindcx	-	0.1493INR	-2,08%	238.895,65RVN	47	0.1525INR	0.1547INR
23	RVN-USDT rvnusdt	huobipro	C	0.001113USDT	-7,25%	18.798,73RVN	4	0.001200USDT	0.001300USDT
24	RVN-BTC RVNBTC	hitbtc	E	0.0₆1100BTC	0,00%	0RVN	0	0.0₆1100BTC	0.0₆1100BTC
25	RVN-USDT RVNUSDT	hitbtc	E	0.01000USDT	0,00%	0RVN	0	0.01000USDT	0.01000USDT