Ravencoin Crypto Price Prediction, Value and Chart (RVN)

Ravencoin (RVN) Frequently Asked Questions

What is Ravencoin?

Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community. Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. A fork of the bitcoin code, Ravencoin features four key changes: The issuance schedule (block reward of 5,000 RVN)Block time (1 minute)Coin supply (21 Billion)Mining algorithm (KAWPOW formerly X16R and X16RV2 respectively) (Description provided by CryptoCompare)

How do I buy Ravencoin?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ravencoin.

What do investment analysts think about Ravencoin?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Ravencoin an overall rating of "C-", a technology and adoption rating of "C-", and a market performance rating of "C+".

Where can I get Ravencoin wallet?

Ravencoin produces its own wallet software that is available for download on its website, which allows you to store Ravencoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Ravencoin?

One Ravencoin (RVN) is currently worth $0.02 on major cryptocurrency exchanges. You can also exchange one Ravencoin for 0.00000116 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ravencoin in U.S. dollars is $234.84 million.

What hashing algorithm does Ravencoin use?

Ravencoin is a coin that uses the X16R algorithm.

What is the Reddit page for Ravencoin?

The official Reddit community (subreddit) for Ravencoin is r/Ravencoin.