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	0.001434USDT	6.54%	514,424,829.70RVN	10,109	0.001346USDT	0.001437USDT
2	RVN-TRY RVNTRY	binance	AA	0.07130TRY	6.90%	473,296,395.56RVN	3,451	0.06669TRY	0.07299TRY
3	RVN-USDT RVN-USDT	okex	A	0.001438USDT	6.68%	167,381,209.29RVN	5,834	0.001348USDT	0.001440USDT
4	RVN-USDT RVN_USDT	whitebit	BB	0.001440USDT	6.75%	124,696,337.34RVN	5,800	0.001349USDT	0.001440USDT
5	RVN-USDT RVNUSDT	bybit	A	0.001437USDT	6.37%	102,876,109.30RVN	2,192	0.001351USDT	0.001440USDT
6	RVN-USDT RVN_USDT	gateio	A	0.001436USDT	6.79%	15,735,363.00RVN	894	0.001345USDT	0.001436USDT
7	RVN-USD RVN_USD	cryptodotcom	AA	0.001402USD	4.32%	1,867,290.00RVN	47	0.001344USD	0.001402USD
8	RVN-EUR RVN-EUR	okex	A	0.001288EUR	7.33%	1,700,621.82RVN	107	0.001200EUR	0.001288EUR
9	RVN-USDC RVN-USDC	okex	A	0.001368USDC	3.95%	568,395.17RVN	13	0.001316USDC	0.001377USDC
10	RVN-USDT rvn_usdt	xtpub	-	0.001430USDT	5.93%	242,459,860.30RVN	2,101	0.001350USDT	0.001440USDT
11	RVN-USDT RVN_USDT	coinw	-	0.001436USDT	6.69%	167,435,156.83RVN	2,964	0.001346USDT	0.001436USDT
12	RVN-USDT RVN_USDT	bydfi	-	0.001440USDT	6.67%	110,825,918.90RVN	2,219	0.001350USDT	0.001440USDT
13	RVN-USDT RVNUSDT	mexc	C	0.001435USDT	6.22%	104,085,935.75RVN	3,645	0.001351USDT	0.001483USDT
14	RVN-USDT rvn_usdt	lbank	C	0.001436USDT	6.69%	80,852,160.90RVN	4,409	0.001346USDT	0.001437USDT
15	RVN-USDT rvn_usdt	digifinex	D	0.001440USDT	5.88%	46,787,762.30RVN	4,654	0.001360USDT	0.001440USDT
16	RVN-USDC RVNUSDC	mexc	C	0.001435USDC	6.14%	40,929,421.14RVN	2,990	0.001352USDC	0.001437USDC
17	RVN-INR RVNINR	coindcx	-	0.1438INR	5.34%	762,290.38RVN	98	0.1365INR	0.1457INR
18	RVN-USDT RVNUSDT	bitrue	D	0.001436USDT	6.92%	710,455.70RVN	479	0.001343USDT	0.001436USDT
19	RVN-USDT rvnusdt	huobipro	C	0.001144USDT	14.40%	535,123.71RVN	22	0.001000USDT	0.001290USDT
20	RVN-USDT RVNUSDT	latoken	D	0.001446USDT	0.00%	0RVN	0	0.001446USDT	0.001446USDT
21	RVN-USD RVNUSD	binanceusa	B	0.001295USD	0.00%	33,040.50RVN	5	0.001295USD	0.001295USD
22	RVN-IDR rvnidr	indodax	E	54.00IDR	0.00%	29,529.63RVN	12	54.00IDR	57.00IDR
23	RVN-USDT RVNUSDT	binanceusa	B	0.001281USDT	0.47%	5,073.00RVN	1	0.001275USDT	0.001281USDT
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