Review on Ravencoin by Douglas Cachazo
Ravencoin RVN: born as a product of the Bitcoin code Fork.
The project is basically its own blockchain whose function is to facilitate P2P transfers, that is, payments or direct transfers between people, assets such as Token are transferred from one holder to another, its launch was without ICO in January 2018 as a result of a bifurcation of the Bitcoin code
Despite this, there are notable differences with the Bitcoin currency, such as: Bitcoin 10 minutes to create block ravencoin 1, bitcoin will supply 21 million and ravecoin 21 billion, the rewards vary and the mining algorithm also. Due to its initial approach of emphasizing p2p transfer, it inherits great security and speed in transfers, minimizing the possibility of asset losses.
The current price of Ravecoin is $ 0.020694
Pros
- Community driven project with open source
- Accepted in several recognized exchanges and wallets
- Devalued currency, good investment opportunity
Cons
- Marketing strategies for its expansion have been lacking
- Little disclosure of the project
