Latest News: Ravencoin upgraded to version 4.3.1! (August, 2020). When updating, make sure you have backed up your wallet.dat file. Are you unsure or do you encounter issues when upgrading, please use #helpdesk channel at Ravencoin Community Discord.

Ravencoin (KR) is a project built on a code fork of bitcoin version 0.15.99. Ravencoin fairly launched on the 3rd of January 2018 without ICO, pre-mine or masternodes and was announced by Bruce Fenton on twitter. Ravencoin is focused on building open-source technology and has a strong and growing community. Ravencoin aims to implement simple issuance and management of tradable assets on a blockchain. To avoid centralized ASIC mining of Ravencoin, the developers created a new algorithm, X16R (FR, KR, DE). What made X16R unique is the changing order of 16 hashing algorithms based on the hash of the previous block. This random reordering of hashing algorithms made it temporarily resistant to mining ASICs. However, it became evident that X16R ASICs were developed and mining Ravenvoin in July 2019. In a response, X16R was adapted with a small modification to X16Rv2. This adaptation involved adding an extra hashing algorithm to three of the 16 existing ones. As X16RRv2 was only temporarily effective, the developer community made a more drastic algorithm change to prevent ASICs from dominating mining on the Ravencoin network and moved to KAWPOW. KAWPOW is a derivative of ProgPOW with parameters specifically for Ravencoin.

The core team has produced a roadmap with a development plan of 7 phases. The roadmap for the code development was published on the project's github on the 3rd of April 2018. The white paper (KR, DE) describing the background and intention of the project was published on the same date on Ravencoin.org and Bruce Fenton posted a Twitter thread summarizing some key points of the whitepaper and growth of the project to date. At the time of launch, the core team was funded by Medici Ventures who are owned by Overstock.com - Patrick Byrne, former CEO of Overstock, talks about Ravencoin in this BusinessInsider interview. A collection of interviews with Tron Black (lead dev), Patrick Byrne, and Bruce Fenton, is available here.

Ravencoin Asset Support since Launch (Nov 5th, 2018)

Please contact the moderators on Ravencoin Community Discord if you would like to have your company added here. We are actively editing this list with updates and we try to include anything that we can find. If you see your project or company listed here and wish that the description should be changed or that the listing should be removed. Please let us know. Last update: Oct 5th, 2019

Other (Spotted) Asset Projects

Ravencoin Currency Support

Ravencoin Blockchain parameters

Block Time: 1 minute

Block Reward: 5000 RVN

Total Coin Supply: 21 Billion

Type: Proof of Work (PoW)

Next Halving: Block 2,100,000 (~January 6th, 2022)