Ravencoin is a project that has exploded onto the scene. Demand for RVN reached unprecedented levels as it was listed on a number of exchanges.This Bitcoin fork is one of the few coins that you can still mine with a GPU. In fact, the Ravencoin developers have specifically designed the blockchain to be resistant to the threat that is posed by ASIC mining rigs and miner centralization.
What is Ravencoin (RVN)?
it's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects. Specifically working on things like RSK, which will allow Solidity to work on this chain, will be huge for Ravencoin in the future. RVN was launched January 3rd, 2018 with very little info regarding the future of the project. Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning.
- It takes one minute to form a block, which increases the speed of reward and transaction confirmation.
- Available mining. The X16R hashing algorithm makes mining of coins available for video cards and CPUs.
- For the extracted block, miners receive 5000 coins. Compared to other cryptocurrencies, this is a large amount.
The launch of the RVN cryptocurrency took place on January 3, 2018, although the project was announced much earlier. RVN uses KAWPOW algorithm, which makes the project popular as it aims to overcome centralization problems of mining. The Ravencoin cryptocurrency is a result of the hard work of developers who have created a stable foundation for anonymous and secure payments. The market capitalization as of June 16, 2021 is $667,304,416, with a price per coin of $0.07.
Why should I trade Ravencoin?
With a low price of $0.07, RVN managed to enter the top 100 digital assets by capitalization. The addition of the coin to the listing of the largest international exchanges once again proved the great prospects of the project. Analysts are positive about investing in RVN. The Ravencoin cryptocurrency not only holds its positions, but also shows an upward trend, so in April 2021, the price for one RVN coin was $0.22.
How to trade Ravencoin using the 7b crypto broker app?
7b enables seamless RVN trading with over 2000 digital assets at the most competitive rates. Buying or selling an RVN will not take you more than 10 minutes. In order to trade ravencoin, follow these steps:
- Download the 7b crypto broker app to your smartphone.
- Log in to your account or register for it if you are on 7b for the first time.
- Transfer funds to your account to purchase cryptocurrency.
- Select the desired trading pair.
- Enter the RVN amount to buy or sell.
- Confirm the transaction details.
- Get the “Success” message.
FAQ
Is Ravencoin a good investment?
Since its appearance, when the price for one coin was $0.02, RVN coin shows an uptrend and becomes more expensive, today the price is $0.07. In the spring of 2021, there was a sharp jump in the price and the cost per RVN coin reached $0.2. Now the price has fallen, so it’s an appropriate moment to buy the dip.
How do I invest in Ravencoin?
There is a large selection of platforms for investing in RVN. Using our 7b crypto broker app, you can easily and without struggles invest in RVN. Just follow the simple instructions in our app.
How to trade Ravencoin for beginners?
If you are new to the crypto industry and would like to know how to trade ravencoin, then 7b is the best place for you. Just sign up for your account, select a trading pair, deposit funds and confirm the transaction. Learn the basics of crypto trading and practice, at first without investing large amounts. The optimal investment is no more than 30% of your free funds.
What is Ravencoin Blockchain?
The RVN team is launching their coin in the spirit of Bitcoin, code first. We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us or take our word for it. Ravencoin is open source and ANYONE is free to contribute to the project, please, join the team in GitHub!.
