Ravencoin (RVN) is a blockchain purpose-built for the creation and peer-to-peer transfer of assets, distinguishing itself from general-purpose networks by focusing exclusively on this single function. It enables users to issue and trade tokens representing both real-world goods, such as physical commodities or property titles, and digital items like in-game assets or software licenses, without competing priorities diluting its design. The project launched on January 3, 2018, and operates as an open-source initiative rather than a company-driven venture. Development is led by a small core group of contributors, with Bruce Fenton, a board member of The Bitcoin Foundation, serving in an advisory role. Notably, Overstock CEO Patrick Byrne publicly disclosed a multimillion-dollar investment in the project early on, which helped raise its profile. Ravencoin runs on a Proof of Work consensus mechanism, placing it within the same mining-oriented tradition as Bitcoin. The network supports smart contract functionality and is positioned around real-world asset tokenization, making it a niche platform aimed at users and developers seeking a specialized chain for issuing and moving tokenized assets.
The rollback puts every RVN payment since Aug. 7 at risk of reversal, with two mining pools now choosing which version of recent history the rest of the network has to accept.
Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets.
Ravencoin (RVN) launched on 2018-01-03.
Ravencoin (RVN) is categorised as: Smart Contract Platform, Real World Assets (RWA), Proof of Work (PoW).
The official Ravencoin site is https://ravencoin.org/.
Most recent Ravencoin coverage: "Ravencoin rolls back 4 days of transactions after exploit" — read at /en-US/a/ravencoin-rolls-back-4-days-of-transactions-after-exploit.
CoinDesk
