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Ravencoin (RVN) is a peer-to-peer blockchain protocol that enables the efficient creation and transfer of assets between parties. Based on a fork of the Bitcoin code, Ravencoin adds features specifically tailored for issuing tokens on its blockchain. The issuer can customize these tokens with options such as limited quantity, unique names, and the ability to be issued as securities or collectibles. Users can create their security tokens in minutes, facilitating global trading of these assets.
Ravencoin is designed to represent a wide range of assets, including project shares, virtual goods, physical and digital assets, credit, and more. It allows for representing securities tokens, with company shares represented by tokens rather than physical stock certificates. Additionally, Ravencoin supports tokens representing cooperatives, partnerships, royalty sharing, profit sharing, and crowdfunding items with transferable or resellable properties. The protocol also enables assets representing credits, such as gift cards, airline miles, and reward points.
Ravencoin differentiates itself from Bitcoin through several key features. It has a block reward of 5,000 RVN, a block time of 1 minute, and a total coin supply of 21 billion instead of 21 million. The mining algorithm, KAWPOW, allows for more decentralized mining. The protocol also incorporates asset and sub-asset issuance, transfer, unique assets, and rewards, with messaging and voting functions planned for future additions. Join the Ravencoin community today to contribute to its decentralized network of miners, contributors, traders, and developers.
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