This is a common question I’m asked. My answer… I’m not sure, but I hope soon.
There are certainly lots of good reasons for Coinbase to list $RVN.
First, it's a platform, not just a crypto-currency. This means the usage has the potential to rival Ethereum. Ravencoin doesn’t have smart contracts, but it does tokens, and NFTs much better and built into the core protocol.
Second, it has been running 24x7x365 for a little over three and a half years. It has a track record.
This is a tutorial for creating NFTs on Ravencoin from scratch.
There are lots of ways to create NFTs, but this tutorial will demonstrate the easiest route to create Ravencoin NFTs using MangoFarmAssets Wallet, and RavencoinIPFS.com. This post assumes that you don’t have any RVN to start with, and that you’ve never created an asset or an NFT (“Unique Asset”). No previous knowledge or experience with Ravencoin needed.
To create an NFT, you need to first create a root token. This identifies the provenance of the NFT.
Example root asset:
You want to keep these short because the total…
First of all, congrats to DOGE for capturing the imagination of so many people. More people experiencing the magic of crypto-currency is great. I love how a not-too-serious project can still exhibit the fundamental behaviors of crypto-currency. Underpinning the fun, meme-able, and entirely non-corporate branding is the same rock-solid math and cryptography-based digital ledger that was pioneered by Bitcoin’s open-source code.
The only issue I have with DOGE is with its modified economics. Not having a hard cap on the issuance is a mistake, and puts DOGE in a category of coins that have historically not done well long term…
This is super new, so be careful. For advanced users only.
Ravencoin (RVN) is now able hop over to a smart contract chain. Nope, not Ethereum. It’s the Binance Smart Chain (BSC).
First, what does this mean? It means RVN value can be used in smart contracts that let you lend, borrow, or trade. Bitcoin has been doing this for a while as WBTC (Wrapped-BTC) on the Ethereum network, but the Bitcoin fees and Ethereum GAS fees make it impractical for experimentation.
How does this work?
Using a Peg-ins and Peg-outs, you can take your RVN over to a smart…
Close your eyes and imagine an educational and business campus built specifically for Ravencoin. What would it have? Maybe an auditorium with 3 massive screens for presentation and seating for seven hundred. Not enough? Ok, maybe two of these auditoriums. And perhaps a concert hall for celebrating the Ravencoin halvening. Some smaller offices for breakout meetings, each with a few large screens for showing off websites, reviewing documents, or viewing NFT art. Maybe even a conference hall with some tables for those chance meetings that lead to something huge. …
One of the simple uses of assets (tokens) is a gift card. A gift card is simply a pre-paid item or pre-paid value. You see them hanging in the grocery aisles and redeemable for $25 Cold Stone Ice Cream, $15 Starbucks, or $50 for Home Depot.
These cards you see are just a unique number that’s in a database. It is like a pre-paid Visa card, but only good at one retailer. As soon as that number is used, it debits the $ amount. Somebody has to run that database. Ravencoin does it better.
Ravencoin lets you create redeemable tokens…
It goes to show that being the first to do something does not guarantee you will remain in first
The winner is the one that adopts Ravencoin assets first. Ready.... Go!
When selecting a token technology, you should choose the technology that works best for your project. The ERC-1404 smart contract attempts to add some tools for issuers. Ravencoin does the same through Restricted Assets at a far lower cost while keeping features like IPFS, meta-data, memos, and unique names.
Download a zip compressed Ravencoin core:
Use the pre-installed python3 to unzip. No need to install unzip.
python3 -m zipfile -e raven-22.214.171.124-x86_64-linux-gnu.zip ~
Uncompress the compressed file inside the zip
tar -xf ~/linux/raven-126.96.36.199-x86_64-linux-gnu.tar.gz
Helpful mapping so ravend and raven-cli commands can be run from any folder.
ln -s ~/raven-188.8.131.52/bin/raven-cli /usr/bin/raven-cli
ln -s ~/raven-184.108.40.206/bin/ravend…
With the recent RVN price gain, RVN has once again become one of the most profitable coins to mine. This has led to lots of questions about how to mine. Jump to the bottom if you just want the HOW.
Why mine? Because you get RVN, and because it helps the Ravencoin network. It should appeal to the mercenary mindset (what’s in it for me?), and the altruistic mindset (how can I help the Ravencoin network?), and everyone in-between.
What does mining do? It has multiple roles. It distributes the RVN in a fair manner which is important as we’ve…