Review on Ravencoin by Alex Martakov
The developers Ravencoin not carried out marketing campaigns, attracted…
The developers Ravencoin not carried out marketing campaigns, attracted investment through ICO and released a cryptocurrency without premine. These aspects are perceived by analysts as extremely positive - users were given a practically finished product and the opportunity to participate in its development and support from the very beginning.
The lack of a marketing campaign to some extent limited the initial user base of Ravencoin, but it is noted that it has increased four times in the first week. At the same time, the developers to some extent managed to avoid speculation on market value fluctuations on the part of investors.
At launch, users were already provided with a wallet and quick transactions within the network, as well as technical information about the project. Many compare such a start with the start of bitcoin, information about which, despite open access, remained unclaimed for a long time.
My score 5+
Pros
- (+)- block formation speed - 1 minute, which to some extent increases the speed of data processing and transactions; (+)- the reward for mining is 5000 RVN, the amount is quite large, but against the background of the total issue is acceptable; (+)- the maximum amount of issue is 21 billion - this value provides the potential for large transactions, but the user reduces the demand for cryptocurrency. Special attention of Ravencoin developers is paid to the publicity of the source data. This emphasizes that anyone can participate in the development - all resources and codes are in the public domain and can be used to improve the functionality of digital money.
Cons
- None
