TokenizEU, a startup aiming to become the main security token offering (STO) platform in the European Union, has stated its readiness to select the Ravencoin (RVN) platform over Ethereum (ETH).

Ravencoin is a relatively new protocol based on a coin launched in October 2017, with no premine. It utilizes the Bitcoin software but allows for the creation and propagation of various tokens. The network, however, has an obscured hashrate and may be smaller compared to Ethereum. At this point, there is no known estimation of what it would take to attack the Ravencoin network.

In a previous blog post, TokenizEU listed the benefits of Ravencoin, among them the possibility for unique naming of each digital asset. It is possible to create tokens with similar names on the Ethereum network, but this trend has given rise to confusion. …

This article appeared first on Cryptovest

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