Ravencoin RVN Listing Request
Posted on March 2nd, 2021
Ravencoin is a top 100 (often top-50, sometimes top-30) coin with a unique purpose. Anyone can issue assets on top of the platform. These assets are similar to ERC-20 tokens, but with some additional useful features like immutable meta-data about the token.
Ravencoin is over 3 years old. It has been running 24x7 since Jan 3, 2018 (Bitcoin's 9th Birthday). It runs on 1-minute blocks and 2x block size, so it has 20x bitcoin's native capacity. The halving schedule is similar to bitcoin's schedule when measured in calendar time. The first halving is expected around the 4-year mark, so early next year.
RVN was never issued via an ICO, and had no pre-mine. It has no regulatory overhang. It was fairly launched. RVN is a proof-of-work coin with an ASIC-resistant GPU algorithm that pushes the boundaries of modern GPUs. It is currently #2 for the most profitable coin to mine after Ethereum, so we're expecting an influx of miners because of EIP-1559.
Bruce Fenton, the founder of Satoshi Roundtable, conceived the project, and development was voluntarily contributed for three years by Medici Ventures, a wholly-owned subsidiary of Overstock.com.
Here is the legal analysis showing that RVN is not, and has never been, a security.
The project has an ethos similar to Bitcoin, but a bit friendlier. It is very decentralized.
The Ravencoin Foundation has recently been established which currently operates on volunteer donations and was established to help the Ravencoin ecosystem. This non-profit was established in WY and is looking forward to the new banking options available there.
The trading volume is strong, with the strongest 24 hours exceeding $3.5 Billion traded. RVN trades on Binance, Binance US, Bittrex, and many other crypto exchanges.
Ravencoin began as a secure cryptocurrency initially based on the Bitcoin code, like Litecoin and others. RVN now also has demand coming from those wanting to create their own tokens. To create your own token, 500 RVN are burned, and the token name must be unique. Over 25,000 tokens have been created on the Ravencoin platform. We are not requesting Kraken to trade these user-created tokens.
A number of projects are already using the Ravencoin platform for NFTs, asset tokenization, proof-of-authenticity, and more.
Ravencoin is available in most multi-coin wallets like Edge, Exodus, Trust Wallet, Atomic Wallet, Zelcore, etc. https://ravencoin.org/wallet/
Technical:
It should integrate exactly like Bitcoin. Here are the changed parameters to make the Ravencoin addresses unique and distinguishable from Bitcoin addresses.
Network ID: RAVN
Default Network Port: 8767
Default RPC Port: 8766
First byte on PUBKEY address: 60 (decimal)
First byte on SCRIPT address: 122 (decimal)
First byte on PRIVATE key: 128 (decimal)
Bip44 Coin: 175 (decimal)
We humbly request a listing on Kraken.
I'd be happy to answer any further questions you might have about the project.
Cheers,
Tron Black
Lead Dev Ravencoin
President, Ravencoin Foundation