Ravencoin is a digital peer-to-peer (P2P) network that intends to construct a use case-specific blockchain that is designed to effectively execute a single function: asset transfers from one party to another. It is based on a fork of the Bitcoin code, which means that its developers cloned and changed Bitcoin's code to include new features tailored to certain objectives.
Ravencoin employs a consensus mechanism similar to Bitcoin's Proof of Work to protect its network. Rather than using specialized hardware,anyone interested in becoming a miner may do so using their own CPU.
Any token issuer, on the other hand, is able to give RVN awards to the token holders, allowing for the distribution of dividends within the platform.
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