The Bitcoin Fork Ravencoin to put in the last seven days to over 200 percent. One of the many Shitcoins or the next big thing? Time to look at the „bad coin“ under the wing.
Ravencoin, a Fork of Bitcoin, a relatively young Token; he hangs out for only 3. January 2018 under the crypto-currencies. However, in the last seven days of the Coin drew attention to itself by increase of good 220 per cent, over the month even more than 270 percent. The Name, freely translated as the Raven coin, is borrowed from the fictional world of Game of Thrones. So one reads on the Homepage:
„In the fictional world of Westeros to use ravens as Messengers, the true statements to deliver. Ravencoin is a Use-Case-specific Blockchain, to give true statements about who owns what Assets.“
to achieve this, the Ravencoin-Blockchain so that it meets a specific purpose. One is to help so that ownership of the Assets properly. On the other Ravencoin, similar to Bitcoin to enable direct payments. As the Open Source project emphasizes on the home page, it is aligned fully decentralized: no master node, and, above all, no ICO is behind the project.
Ravencoin changes to the Bitcoin Protocol
the Community has changed in the Bitcoin Protocol in four main aspects:
Block Reward of 5,000 RVNBlockgröße (1 Minute)amount of available Coins (21 billion)Mining algorithm (X16R)
With the modified Mining algorithm X16R the Team of the increasing centralization of mining due to ASIC is seeking to counter-Miner. As you can see from the X16R-White Paper, based X16R on the same Algorithms as X15, and SHA512, however, with a modified order. The could not prevent ASIC Miner, but it is CPU – and GPU-Mining is more likely.
in Addition, the entire Mining process of Bitcoin – that is, instead of Pre-Mining as many of the ICOs, there is a Genesis Block which is a priori, then you can theoretically mines each of the Ravencoin.
Also, there is Ravencoin a Halving – of this a total of 2,100,000 blocks will take place of all – the Reward is cut in half from 5,000 to 2,500 and Raven coins, which should happen in about four years, for the first Time.
Whoever wants to join, you can create a Paper Wallet and to Mining Pools around.
Currently the project is in Phase 2. After a successful start-up phase, the Ravencoin Community to implement ways to transfer Assets and ownership rights. In later phases, Ravencoin also plans to make transmission of messages and options as possible. The entire Roadmap can be found in the Github Account.
Ravencoin – the new Bitcoin?
speaking At Ravencoin from the new Bitcoin to sure is still early. Nevertheless, the project is more than just one of the many Shitcoins that catch attention, and then disappear again. A total of Ravencoin is a project, which especially convinces by its decentralization, and its strong focus on Bitcoin. Neither Team ICO behind the project, a centralization of mining is so far possible, as it results in Bitcoin currently to unrest.
Currently, the price is for a Ravencoin at just $ 0.06. Within the last 24 hours, he was able to grow by 55 percent, in the 7-day course of almost 200 percent. Within the last month, the Bitcoin Fork could rise by a whopping 275 percent and performed, so at the moment the Best.