Ravencoin Price Analysis – 5th May 2021

Ravencoin is a blockchain network optimized to move assets from one holder to another, such as tokens. Ravencoin is a fork of the Bitcoin code. It cites its main improvements over Bitcoin as a one-minute block reward time, a change in the number of coins released, but not the weighted distribution schedule, and the inclusion of capabilities for asset development and messaging. Ravencoin is open source.

There is no allocation of RVN tokens for private, public, founders, or developers. Ravencoin is designed to offer security, user control, privacy, and resistance to censorship. Ravencoin is ASIC resistant. Its KAWPOW algorithm was derived from ethhash and ProgPOW and aims to solve the problem of mining centralization by using standard consumer-grade GPUs for mining.

Technical analysis

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