Review on Ravencoin by LUIS RIVERO R
This project has lost notoriety in recent years.
Cryptocurrency specially designed for P2p payments, basically to protect the value of any asset, whether physical or digital. It is really easy to start operating on this blockchain and for its price it would be a good entry-level cryptocurrency for new users in the world of cryptocurrencies.
The Good: it is its speed in transactions and of course it turns out to be very economical, you can also find it almost in any exchange, store in multiple wallets both centralized and decentralized and most importantly they have a really large development community which can generate trust from its development in the future.
The bad: is that compared to cryptocurrencies that have come to market in the last year it is slow, and this can be a problem since now the whole crypto world is focused on the efficiency and the return it can give to investors.
In general, it is a good entry option, however there are more efficient cryptocurrencies that have gained ground to RVN.
Pros
- It is possible to issue Tokens, backing securities.
- Fast and cheap transactions.
- Each block is processed every 1 minute, mining is highly decentralized
Cons
- Little used in general.
