Coinpedia

ravencoin

Ravencoin is a proof-of-work blockchain focused on secure asset issuance, ownership transfer, and tokenization.

Blockchain Network

United Statesravencoin.orgFounded 2018

About

Ravencoin is a decentralized blockchain network founded by Bruce Fenton, Tron Black, and Joel Weight, optimized for asset tokenization, secure peer-to-peer transfers, and digital asset creation. It's a Bitcoin fork that enables anyone to create, send, and trade real-world or digital asset tokens easily, without smart contracts and intermediaries. Key Features: • Allows users to issue their own assets on the blockchain with customizable properties. • It is used to issue tokens such as shares of stock, gold, virtual goods, rewards, and many other asset types. • Ravencoin is designed to carry statements of truth about who owns what asset. • Uses an ASIC-resistant KAWPOW hashing algorithm that encourages mining by making it GPU-compatible.

FAQs

  • Ravencoin is available on multiple cryptocurrency exchanges, including the Huobi Exchange, Binance, and OKX.