The Code Security Audit
The Ravencoin community raised funds to do a code security audit. The funds, totaling USD$40,000, were collected in four Ballet wallets held by trusted members of the Ravencoin community. The firm Independent Security Evaluators https://ISE.io was selected.
More about the security audit: https://tronblack.medium.com/ravencoin-third-party-code-audit-4a32ffd62edd
The security evaluation has been going. We’ve been told the report will be ready between December 28th and December 31st. Once the report is released, it will be made public for the benefit the Ravencoin community. Thank you to everyone who contributed.
The Legal Fund
Early in Ravencoin’s history, exchanges required a legal opinion on whether RVN is a security in order to list the RVN crypto-currency. Funds were raised and held in a 3 of 5 multisig by Ravencoin community members. Ultimately those funds were not needed as Doug Pepe voluntarily provided the detailed analysis that was needed without taking accumulated funds. These funds have been sent to the Ballet wallets of the four trusted community members, and are currently expected to be used for…