Ravencoin (RVN) Price – Current Live Value

RVN
RVN
Ravencoin
$0.07
-0.61%
Today’s Current Price
0.06546121202721
Market Cap
$611.61M
Volume (24)
$36 245 504
Circulating Supply
9 343 050 000 RVN
Issue Date
2018-03-10
Issue Price
-

Real-Time Ravencoin Price Chart (RVN to USD)

Ravencoin (RVN)

Ravencoin (RVN) is a cryptocurrency that is based on the Bitcoin protocol. It was launched in 2018 to act as a cross-border payment system that still relied on a Proof of Work (PoW) protocol, unlike most Smart Contracts platforms that use a Proof of Stake (PoS) system to verify transactions. The coin was designed to be effectively unalterable, as it would be extremely difficult for miners to commit a 51% attack against it without the use of ASIC miners, which it does not support, and without any major stakeholders holding a large amount of tokens.

Because it was launched after the 2018 crypto boom and bust, the value of Ravencoin has remained relatively flat and stable since its initial launch. It is now a top 50 cryptocurrency by overall market cap.

Ravencoin was designed to address very specific problems with the Bitcoin protocol, namely its vulnerability to miner-based attacks and the constant process of alteration and forks that make it less stable as a means of exchange. This coin is not intended to be a store of value, but rather to be used as a rapid and stable means of exchange between virtually any goods and services, from gold bars to gift points.

Latest news Ravencoin
Crypto Fear & Greed Index
Latest Crypto Fear & Greed Index
Historical Values
Now
Neutral
48
Yesterday
Greed
60
Last week
Fear
32
Last month
Fear
27
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