1. Ravencoin Wallet
Ravencoin is a peer-to-peer blockchain, handling the successful formation and transfer
involving property from one bash to another.
Ravencoin is definitely a protocol based upon some sort of fork of the particular Bitcoin signal
which provides features specifically focused on allowing tokens to be granted on the
Ravencoin blockchain. These tokens can own whatever attributes the challenge of the token
makes the decision - so they can certainly be restricted in quantity, named and grow issued
because securities as well as as collectors items.
You can make your own protection token within moments and still have it trade world-wide.
Which represents real world custodied physical or maybe digital advantage
Securities tokens: stock or perhaps shares of the company in which the shares will be
symbolized by a token rather than physical stock certificate
Investments or even partnership interests with all the built-in ability to give dividends around
RVN
As well which legally represent a around the, limited relationship, royalty writing or revenue
sharing program
A token which will represents a cflexd-funded piece together with the ability to copy or re-sell
the thing
Representing virtual goods
Seat tickets to an event say for example a Baltimore Ravens game together with the power
to resell worry free of duplicates being made
This license to make it possible for a great activity
An access expression to use some sort of services
In-game currency together with products, transferable to some other avid gamers outside of
the game platform
Representing a new talk about of the project
Gold pub
Metallic coins
Physical Pounds
Terrain Accomplishments
DC Comics Provides #26
Energy loans (Electricity, Timber, Gas, Oil, Wind)
What Makes Ravencoin Different from Bitcoin?
The particular X16R protocol hopes to solve the centralization of mining viewed on the
Bitcoin blockchain caused by simply the intro of high-priced and extremely successful
Application Specific Integrated Rounds (ASIC) hardware. Simply by Ravencoin Wallet of
fourth theres 16 distinct hashing algorithms, Raven makes ASICs challenging to formulate,
allowing room for anyone so as to mine the Raven circle without the disadvantage associated
with competing together with ASIC hardware. The Raven team offers also committed to

2. replace the hashing algorithms if the Raven ASIC miner will be ever before developed.
Block compensation regarding 5, 000 RVN as a substitute of 50 BTC.
Block moments of 1 instant instead of twelve.
Complete coin supply of 21 years old Billion instead of twenty one mil.
A new mining or prospecting algorithm, X16R which permits for more decentralized
exploration.
Addition of Tool issuance, and transfer.
Long term supplement of unique resources, sub-assets, rewards, messaging, and voting.
The Raven can be a good highly symbolic beast of which is mentioned in a good variety of
cultures along with different purposes. One involving the meanings is that of change.
As Ravencoin is actually a branch of the Bitcoin code that could very well be this meaning
that the developers wanted to convey. It is with this imagery that we bring in Ravencoin.
Ravencoin is a new brand-new project that was declared on October 31st, 2017 and debuted
on Bitcoins 9th birthday on Jan 3rd, 2018 with the launch of application for mining.
Ravencoin is additional than a fork of the Bitcoin code it can be a project that builds about the
original vision of Bitcoin but with added new features which in turn increase the functionality
and typically the implicit value of the coin organically.
Ravencoin: Clone of bitcoin that will certainly be used for investments. Improved bitcoin built
intended for property
Ravencoin is the free open source software designed for the particular use case of
transferring property such as token-backed resources from one container to help another.
While it could appear that with typically the development of the fantastic blockchains such as
Bitcoin and Ethereum, transferring property concerning different parties is already a solved
issue, this is not specifically often the case. Neither Bitcoin or Ethereum were especially
made for facilitating property of added resources, do to the fact that they simply concentrated
their attention throughout other attributes.
Ravencoin is built on a derive of the Bitcoin program code. It is implemented with a good
small block reward associated with one moment (the prevent reward is definitely the only
means that fresh coins are created and that will be an incentive for miners to add hash
strength to the network), and the addition connected with asset creation and message
capabilities.
If you are a crypto-lover, and that we are guaranteed you are as you are really reading this
right now. You will agree that blockchain technology will indeed modify global economic
paradigm like we know it nowadays.

3. However being able to give wealth transactions in a matter of just a few seconds, throughout
the world and with not any third parties required, will be just the tip of the banquise that this
new revolution represents.
Within the same path associated with unstoppable evolution, Ravencoin may implement the
way resources owners operate with their very own wells. It will probably enable them to
handle efficiently typically the transfer of their property to another parties.
In order to live our planet order innovation without shedding any keypoint:
Problem

5. Despite the success and prevalent adoption involving Bitcoin and Ethereum, none of these
blockchains have got been specifically designed to help the ownership regarding additional
assets on best of the tokens which have been transacted throughout their respected
networks.
In Bitcoin, the main rules governing the blockchain and protocol must be followed and so this
kind of means that Bitcoin systems are not in a position to help register of which property
happen to be being embedded into bridal party.
This means that for every advantage deal manufactured on the Bitcoin circle, there must be a
enclosed bitcoin financial transaction payment, even if the transaction is to help just deliver
the resource.
This has a result of unneeded transaction fees every time assets are transferred. Moreover,
often the other major disadvantage is the fact assets can easily become destroyed if they
happen to be sent to help an exchange as well as pocket.
For Ethereum this networking system is not able to help natively realize smart deal tokens
and this also can bring about some confusion as a result of various ERC20 tokens using the
exact same names. The only unique factor in between contracts using identical names is the
particular deal hash and this kind of can mix up users as well as be used together with
vicious intent to scam other individuals.
As Ravencoin will possibly be operating on a decentralized model having independent
miners to support the stability connected with the blockchain combined using ASIS-
resistance the coin will have a good chance associated with staying in the arms of individuals
and not really centralized by one get together or maybe a group of parties that can collude for
you to shape the end result regarding an event, a new political election or even the cost of
the lieu alone.
Peer to Peer Digital System for the Formation in addition to Transfer of Resources
Optimised for transferring investments
Tokens offer a number of positive aspects for you to traditional shares or additional
participation mechanisms: speedier copy speeds, increased person command, and
censorship opposition, plus a reduction or eradication with the need for a trusted third party.
Answer
The solution to the particular above concerns is for you to create a Bitcoin-like technique that
is completely advantage knowledgeable so that the idea understands any time tokens
include already been developed as property.
With a view to fix the problem, Ravencoin will bring to life often the said:
Keep it very simple stupid

6. simply by focusing in creating one thing, only 1 specific thing a good bitcoin-like system,
totally knowledgeable with regards to when tokens are created as assets (Based on PoW but
with the new mining algorithm, x16r).
This provides three advantages:
Assets can be shielded from accidentally being destroyed. Since the process and typically
the system is alert to this assets??they can be continued the blockchain like a passenger on
the train ultimately getting them almost all safely to the destination.
End users are able to concern, track, and transfer investments with each other while using
ease of sending some sort of message to each other. Now users will get across on a new full
program specifically created to issue, track and transfer assets among parties.
It will provide proper security levels to often the underlying assets. To perform that Ravencoin
may be dependent on a wide submission, a strong mining local community plus market value
to function.
Main Features??Tech Guide
Ok, now all of us realize the problem (the recommended one, between the numerous existing
issues) that requirements to be solved throughout current blockchain and all of us
understand the solution that Ravencoin will be committed to develop in order to transcend
that limitation.
So things that are next?. We need for you to go serious into their very own tech it would
seem drab, but we will take care of that. Only in that will way we will really experience
knowledge and blocks to help take decisions about the particular assignment.
Ravencoin bring all of us the following attributes:
X16R Algorithm
Before we express what X16R is many of us will first provide details behind what other
money include implemented for their algorithms.
From the search to help create and employ methods that are ASIC immune (meaning that
purpose created mining machines with high hash rates could not really be developed) which
found in turn reduces the possibilities of centralization via giant mining farms, projects
experience tried some sort of selection connected with tactics to hinder this particular
centralization (like we notice with Bitcoin mining).
This first approach was to take up memory intensive methods enjoy those used simply by
both Scrypt and Equihash. This requirement for additional in memory data reduces often the
performance from the ASIC to be able to more onpar of this GPU based mining having the
same algorithm
A further approach that was carried out, was Dashs approach, which in turn was to look at

7. the X11 algorithm. This is the use of 11 chained hashing codes (hence the name) around an
effort to slow up the creation of ASIC computer hardware.
This did not protect against the appearance of a special reason ASIC so once right now there
was a good ASIC regarding X11, some others added a lot more hashing methods to
generate additional codes which were named X13, X15 plus X17. This makes it more hard to
create a great ASIC nonetheless because often the codes are in around the same order the
hard but not extremely hard to create a great ASIC.
What Ravecoin does is certainly called X16r and that rendering like the other folks described
in the past use of sixteen algorithms for any hashing (see table below). The key element
difference is they may have additional algorithm reordering. It can be this kind of reordering
based on this results from the previous mass that provides a great deal more ASIC
resistance than other hashing algorithms.
Example:
Previous Prevent Hash:
0000000000000000007e8a29f052ac2870045ae3970270f9?7da00919b8e86287
The final 9 bytes: 0x7da00919b8e86287 determines the particular next 16 hashes needs to
be.
Roadmap
Phase 1??Complete
Ravencoin (RVN) is a good Proof of Get the job done lieu built on the Bitcoin UTXO model.
As having some other Bitcoin derivatives, RVN gold and silver coins are distributed for you to
men and women enhancing the Raven circle by mining Raven.
x1000 coin distribution (21 Million Total)
10x speedier blocks (1 per minute)
Found in app CPU mining
~1. 4 Day trouble realignment (2016 blocks)
Address start with R for routine contact information, or r with regard to multisig
Network Port: 8767
RPC Port: 8766
UTXO??UNSPENT TRANSACTION OUTPUT DEFINITION
Typically the Unspent Transaction Output can be key in order to bitcoin while this is how
bitcoin keeps track of inputs and components on the blockchain. First let us search on how a
bank works.
Assume Tom is to use Bank A and comes with an equilibrium of $5, 000 and assume that

8. Alice who does almost all your ex banking with Standard bank W has no balance.
Ben wants to give $2, 1000 dollars to Alice. To get this done Tom asks the traditional bank to
send $2, 000 to be able to Bank W in Alices name.
The genuine financial transaction has Toms balance reduced by $2, 000 through $5, 500 to
$3, 000 and even Alices balance increases by $0 to be able to $2, 000.
Taking this specific to typically the Bitcoin blockchain:
Ben has received inputs in the amount of 5 BTC. This particular is from 4 dealings (inputs)
ADVICES
Received 3 BTC
Acquired 1 BTC = some BTC
Obtained 1. a few BTC
Received. 5 BTC
In this particular example, Tom wants to deliver Alice 2 BTC. The blockchain, unlike banks, is
usually not aware of balances such as the example preceding so the transaction is noted as:
OUTPUTS
2 BTC shipped to Alice
3 BTC delivered back to Dan ? this can be a Unspent Transaction Output or even UTXO
Phase 2??Assets (in progress)ASIC RESISTANCE
ASIC Resistance??A published commitment in order to continuous attempts at ASIC weight.
If ASICs are made for x16r, next we shall, at a particular block amount, modify a person of
the algorithms to include Equihash, EthHash or even similar efforts to increase this capacity
ASIC miners intended for Raven.
DISTINCTIVE ASSET HELP SUPPORT
Ravencoin will be some sort of hard fork that stretches Raven to include the ability to issue
and transfer investments. The expected release involving asset capabilities will become
about seven months immediately after the release of RVN. Raven will probably be extended
for you to allow issuing, reissuing, and even transfer of resources. Possessions can be
reissuable or maybe limited to the set source at the position of issuance.
The expense to create resources will be 500 RVN to produce any kind of qty of a great asset.
Every single asset label must be one of a kind. Resource names will be restricted to A-Z and
09, and . together with must be at minimum three character types long. The . and the
cannot be the initial, or the last character, or perhaps be consecutive.

9. Good examples associated with valid assets:
THE_GAME
A good. TOKEN
123
Cases associated with invalid assets:
_TOKEN
THEEND.
A.. B (consecutive punctuation)
AB
12
. FIRST AND FOREMOST
The RVN used in order to issue property will end up being sent to a melt away address,
which will decrease the quantity of RVN available.
Resource exchanges call for the common RVN purchase fees to get transfer from address
for you to one more.
METADATA
Metadata with regards to the token may be located in IPFS. Primarily this particular cannot
be changed. If you have a demand, the technique can be current for you to allow updating
the metadata by the token issuer.
RETURNS
Reward capabilities will certainly be added in to make it possible for payment (in RVN) to
help all owners of a good resource. Bills of RVN can be distributed to all asset holders pro
ro?a. This is useful for spending dividends, dividing repayments, or even rewarding a group
of expression holders.
Example: A good small software company problems an asset GAMECO that shows some
sort of share of the particular project. GAMECO tokens can easily be traded having some
others. Once the software corporation profits, those profits could be distributed to all stands
connected with GAMECO by sending the gains (via RVN) to all owners of GAMECO.
BLOCK MEASUREMENT
Raven may increase the blocksize through 1 MB to help Times MEGABYTES to allow with
regard to even more on-chain transactions.

10. Phase 3??Rewards
The reward technique enables the formation connected with tokens that stay with the Raven
blockchain. All these tokens could be created plus then sent to people young and old as a
good reward for doing something or so as to raise funds. The funds raised can then always
be used to send any currency on the raven blockchain to one more gathering.
Phase 4??Unique Property
After created, assets can become designed unique for a new cost of five RVN. Only
Ravencoin Wallet -divisible property can be made distinctive. That moves an property with a
UTXO and associates an exclusive designation with the txid. From this level the advantage
can be changed from a person address to one more in addition to can be tracked lower back
to its beginning. Sole the issuer in the authentic asset can make a property unique.
The costs to help make distinctive assets will certainly be sent to a new burn address.
Some instances involving unique assets:
Think about that a skill dealer problems the asset named SKILL. The seller can next make
unique FINE ART resources by attaching a title or a serialized variety to each piece involving
art. These exclusive bridal party can be transferred for you to the new owner down having
the art as a proof of credibility. The tokens ART: MonaLisa and ART: VenusDeMilo are not
necessarily fungible and stand for different fecal material art.
A computer software developer can issue this asset with all the name regarding their
software ABCGAME, and even then assign each ABCGAME token a unique identification as
well as license key. Typically the game tokens could be moved as the licence transfers. Each
token ABCGAME: 398222 and ABCGAME: will be unique tokens.
In game resources. A game ZYX_GAME created unique limited release in-game ui assets
that will be owned and even used simply by the game player. Case in point: ZYX_GAME:
Sword005 in addition to ZYX_GAME: Purse
RVN established distinctive assets can be tied to real world investments. Generate an asset
known as GOLDVAULT. Ravencoin Wallet or gold rod in the vault can end up being
serialized plus audited. Associated unique possessions GOLDVAULT: 444322 and
GOLDVAULT: 555994 are able to be created to stand for the specific assets in the actual
physical gold burial container. The public characteristics of the chain allows intended for
complete transparency.
Phase 5??Messaging
Messaging to token slots simply by authorized senders will certainly be split on leading of the
Phase 3 or more unique assets. See KAAAWWW Protocol for additional information.
Step 6??Voting

11. Voting will be accomplished by creating and even distributing seite an seite tokens to token
cases. These bridal party can be sent to RVN addresses to guide them with a vote on it.
Team + Advisors
Referred to as a good community or maybe. Any individual can contribute through adding to
help the project.
The quantity of coders involved is usually uncertain, even so there were 430 Bitcoin
developers which made above 14, 000 commits as outlined by Github.
Tron Black??Core Designer
Tron offers been in Blockchain and cryptocurrencies as a new Application Developer for 5+
years. Currently a Principal Software Developer for Medici a new VC investing in typically the
blockchain space. His occupation quest is to boost technology in order to eliminate normal
world problems.
They has been the President/CEO from Blue Squirrel for 17+ several years. Blue Squirrel is
a new software development company their particular classic product was SQURL, it had
been the google of the online at often the time.
Designed Paten??System to help Verify Individuality and Reputation for a Cryptocurrency
Finances Address:
Patent dateFiled August 6, 2013 Patent company and numberus 61831802.
Particular descriptionMethod and system to get voluntary id of the corporate and business or
individual id in order to public crypto-currency address(es), together with a new single
number standing rating system obtainable by way of API.
Bruce Fenton??Advisor
Bruce is a Blockchain Economic Expert. He provides had 23+ years of knowledge in the
Finance segment and combined with 3+ many years experience in typically the blockchain
together with cryptocurrency living space.
He or she provides placed above $5 billion dollars in opportunities in investing finances while
in his career.
Well-advised typically the Bill & Melinda Entrance Foundation??arranged, attended and
staffed very senior level meetings involving Bill Gates together with organization and
government frontrunners in Saudi Arabia, worked with the Head of Mid East for your
foundation (please note, views on online money plus fiscal troubles are not regarding
typically the foundation).
Organised often the Satoshi Roundtable private getaway, a good gathering of 75 of the top
leaders inside blockchain technological innovation.
Angel Investor in SpeechWorks (now public Nuance with $5bn market cap).
Angel Investor in Bitcoin companies such like ShapeShift.
Advisor to Factom, BTCS and other businesses.
Presently store 3 roles:
Board Person in The Bitcoin Foundation (2+ years), which is the largest together with oldest
industry group regarding Bitcoin Technology.

12. Founder in Satoshi Roundtable Private Blockchain Retreat (3+ years), which is a invite only
VIP annual event.
Handling Director. CIO for atlantic Financial Incorporation. (23+)