About (2024)

What is Ravencoin?

Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.

How Ravencoin works

A Ravencoin post onMediumfrom November 2017 references Game of Thrones when introducing this experimental currency:

“In the fictional world of Westeros, ravens are used as messengers who carry statements of truth. Ravencoin is a use case specific blockchain designed to carry statements of truth about who owns what assets”

Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.

A fork of the bitcoin code, Ravencoin features four key changes:

  • The issuance schedule (original block reward of 5,000 RVN)
  • Block time (1 minute)
  • Coin supply (21 Billion)
  • Mining algorithm (KAWPOW formerly X16R and X16RV2 respectively)

The algorithm is intended to address the centralization of mining caused by ASIC hardware. In the original X16Ralgorithm paper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.

The initial X16R algorithm aimed to overcome this problem by constantly disrupting the ordering of the hashing algorithms – it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms was changed based on the hash of the previous block. Eventually it became economically viable for X16R ASIC's and the community decided to implement new algorithms to mitigate the unfair distribution of Ravencoin. The community has carried out 2 algorithm forks to date to mitigate the potential efficiency improvements of the ASIC miners equipment compared to over the counter consumer grade equipment.

The current KAWPOW algorithm aims to overcome the problem of centralisation of mining by utilising over the counter graphic processing unit (GPU) memory and compute capabilities. This is intended to allow most consumer grade GPU hardware to mine Ravencoin. The KAWPOW algorithm was derived from ProgPOW and ethhash, with modifications, to improve the distribution of Ravencoin to everyone.

No additional future algorithm forks are envisaged. Note that this may allow future ASIC development to proceed, albeit as there is a limited potential for ASIC efficiency gains compared to consumer grade hardware, we are resistant to this form of centralisation.

Unique characteristics of Ravencoin

  • ASIC resistant – Uses the KAWPOW hashing algorithm to discourage the development of ASIC hardware
  • Fair launch - Everyone has equal opportunity to mine or purchase RVN since day one.
  • No pre-mine, no ICO, and no coins held for developer or founders rewards.
  • Community Driven, and True Open Source

https://medium.com/@ravencoin/ravencoin-4683cd00f83c

About (2024)

FAQs

What does answer enough mean? ›

Answer enough is a common phrase in English. I won't say figure of speech, because it's not metaphorical or ungrammatical or anything - it just doesn't match patterns that are widely used otherwise. Enough, here, is a determiner. It means sufficient, not less than is necessary.

How much is enough means? ›

Enough means as much as you need or as much as is necessary.

How do you know if you're good enough? ›

How to know that you are good enough
  • Step 1: Face your fears. When you start asking yourself the right questions about why you're not feeling good enough, you'll find it's related to fear and anxiety. ...
  • Step 2: Become accountable. ...
  • Step 3: Re-focus on your goals. ...
  • Step 4: Create a personalized plan.

How are you already good enough? ›

You are enough as you are, mess and all, beautiful and broken, showing up for your life every day. That's all you have to be and all you have to do. You're already enough. You are enough means you can grow and change and continue to become, because you aren't trying to prove yourself.

How do you explain enough? ›

Enough is an adjective that describes something that is adequate for an intended purpose. Enough is also used as an adverb to mean sufficiently or fully. Enough also has senses as a pronoun and an interjection. Enough describes something as being adequate or sufficient.

Why do people say I am enough? ›

“I am enough” DOESN'T mean I have been considered and measured and now finally earned the “enough” label. It doesn't mean that you've tried enough, worked hard enough, presented and prepared well enough. It simply means, you're who you are, you don't need to be someone else.

What does enough about me mean? ›

Enough about me, (let's talk about you): Let's stop talking about me, That's sufficient talking about me, (let's talk about you) idiom. Enough about me, I want to hear all about your new boyfriend!

What is an example of enough? ›

enough comes after adjectives and adverbs. I'm not tall enough to reach the top shelf. Your marks are good enough to study engineering at university. I couldn't write quickly enough and I ran out of time.

What is the full meaning of "enough"? ›

1. : in or to a degree or quantity that satisfies or that is sufficient or necessary for satisfaction : sufficiently. 2. : fully, quite.

How to define good enough? ›

Typically, “that's good enough” means it's not great, it's kind of good, not completely good, but it has enough good that we can move on, stop worrying and get to the next thing.

What does it mean when someone says you are enough? ›

One of the tenets that fuel the passion of my work is the absolute conviction that you are already enough just the way you are today. Without changing a single thing about yourself, without adding or subtracting anything from yourself, you are already enough.

How to be enough for someone? ›

Being “good enough” as a partner means taking responsibility for yourself and your promises. Rather than prove your worth with grand gestures, simply be honest, stay true to yourself, and be there for your partner when you say you will.

How do you say you are enough? ›

10 Empowering 'You Are Enough' Quotes to Boost Your Self-Worth
  1. “You alone are enough. ...
  2. “Believe in yourself and all that you are. ...
  3. “You don't need anyone's permission to be yourself.” ...
  4. “Owning our story and loving ourselves through that process is the bravest thing that we'll ever do.” ...
  5. “You alone are enough.
Jul 28, 2023

How do you realize you are enough? ›

What can you do to finally feel like enough
  1. Practice gratitude daily.
  2. Live in alignment with your values – We all have an inner code. ...
  3. Design your life around your true priorities. ...
  4. Reconnect to your true self.
  5. Stop being so damn independent! ...
  6. Set realistic expectations for yourself.
  7. Ask for help.
  8. Live with the end in mind.

What is being good enough? ›

What does being good enough for yourself mean? It means showing up for yourself even when you don't want to. It means trying new things and pushing yourself out of your comfort zone. It means trusting the process and having faith in yourself and your abilities.

What does it mean when someone says that's enough? ›

convention. You say 'that's enough' to tell someone, especially a child, to stop behaving in a silly, noisy, or unpleasant way.

What does good enough mean in text? ›

adequately good for the circ*mstances. “if it's good enough for you it's good enough for me” synonyms: good. having desirable or positive qualities especially those suitable for a thing specified.

What does your enough mean? ›

“You are enough” means that there is nothing you need to be deemed as valuable and worthwhile.

What does the slang enough said mean? ›

informal. used in speech to say that one understands what someone is telling him or her and no further information is needed.

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