As we know, cryptocurrencies are digital money. Among them, Bitcoin is the most popular. But, there are other currencies like Bitcoin. One of them is Ravencoin.
What is Ravencoin?
Ravencoin is not just a digital currency; it is also a computer network that helps you create and exchange your own assets in digital form.
How does Ravencoin differ?
Fast block time: It takes 10 minutes for a Bitcoin block to form. However, Ravencoin creates a block and completes transactions in 1 minute. This makes transactions happen quickly.
More coins: There will only be 21 million coins in Bitcoin. However, there will be 21 billion coins in Ravencoin. Thus, more coins are available.
Fair opportunity mining: Ravencoin's mining (the process of creating new coins) can be done using a common GPU computer. This means not only large factories but also ordinary people can participate.
What are the applications of Ravencoin?
• You can convert and sell your own assets in digital form.
• Items such as sports goods and concert tickets can be exchanged as tokens.
• It simplifies and secures the method of transferring money.
To put it simply
Ravencoin is a computer system that helps to exchange digital money and convert assets into digital form. It facilitates fast and secure money transfers.
It helps you to create a token (digital token) that you can send to anyone around the world. This brings a new transformation in the way assets are bought and sold.