Ravencoin (RVN) Cambio

What is Ravencoin?

Ravencoin is a blockchain KAWPOW-powered network that aids transferring the assets from one party to another. Its protocol is aimed at enabling more decentralized mining. It is based on a Bitcoin code fork and is associated with the RVN token. It is a community-driven one: this is why Ravencoin keeps growing and gaining traction.

In some aspects, Ravencoin is significantly different from Bitcoin: its block time is about 1 minute instead of 10 minutes for Bitcoin (BTC). The total supply of Ravencoin is pegged at 21 billion tokens as against 21 million for Bitcoin. The block reward is 5,000 RVN compared to the 50 BTC: Ravencoin mining appears to be quite attractive for miners.

In a couple of years, the first halving is expected to happen and reduce the block reward to 2,500 RVN. Will this Ravencoin halving influence its exchange rate? Many wonder if it’s going to be so, especially against the background of the variety of factors contributing to the exchange rate calculations. As we know, the rates are calculated in view of the assets participating in the swap and their current liquidity on the market we trade it on, the sum in question and the network fees involved in the process. Still, even in case of the first Ravencoin halving dramatically influencing its rates, the exchanges hope to do their best to provide the most profitable options for their clientele.