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Maturín
4 Level
42 Review
58 Karma

Review on Ravencoin by Yenkelys Barcenas

Revainrating 4 out of 5

RavenCoin. Asset Transfer Specialist.

It is a new blockchain platform specialized in the transfer of assets from one party to another, built on a fork of the Bitcoin code. This blockchain was defined by its creators as an open source, decentralized and organized development project. The idea of the creators is to have a process of transfers of real and digital assets with the allocation of digital currencies: tokens, due to the need for a base currency in any commercial activity, through a solid, secure and less expensive network, knowing that the exchange of an asset requires that the base currency pay for the transaction and if the network fees are high, the exchange of the asset is also expensive. To the creators, revaincoin represents a need and an opportunity for improvement for their algorithms, they don´t want to become a global computer like Ethereum, they want to be the exclusive application of asset transactions in real time and at a lower cost.
It is a new project with only two years in the market and has a good market capitalization, making it increasingly solid and secure, which affects the trust of users, to the extent that it has presented problems, they have been attended and responded to in timely improvements. Which implies that it is a network for the exchange of assets and ideas for the benefit of its users. The start on this platform is fast, users refer to the ease of use, the good price of the currency and the speed of operations, so it is highly recommended for new users. I do not doubt the growth of this project.



Pros
  • The vision of digitizing the trade of any asset with the allocation of tokens.
  • It is a specific blockchain to carry out transactions.
  • It allows payments in real time.
Cons
  • Its constant changes and improvements can create confusion for users.