1. ABSTRACT
RavenCash is a blockchain platform optimized for decentralized digital currency transactions, handling the efficient creation and transfer of assets from one party to another.
The potential impact of actors utilizing different blockchains on the global economy could lead to a transformation in the functioning of capital markets. The significance of borders and jurisdictions may diminish as more assets become available for trade and cross-border transactions become smoother. As individuals are now able to transfer substantial wealth instantaneously through crypto, it is probable that there will be an increased demand for efficiency in the trading of securities and other comparable assets on a global scale.
2. INTRODUCTION
Nowadays every day so many new cryptocurrency projects emerge offering a variety of unique products, be it in the field of cloud computing, AI, and others even memecoin. It is undeniable that many people in the world are interested in crypto because of its decentralization and can generate passive income.
Memecoins have gained massive popularity in the cryptocurrency space due to their humorous nature and strong community-driven cultures. RavenCash is designed to bring together crypto enthusiasts, creators, and meme lovers. With its fun, engaging, and meme-driven environment, the goal is to create a coin that holds value not just in financial terms but in entertainment and social interaction.
RavenCash was hatched an epic mix of decentralized finance and bird brained humor. With every transaction, a squawk echoes through the blockchain, reminding us that even the most misunderstood creatures can rise to the top.
RavenCash is designed to create innovative system seamlessly integrates the most advantageous features of blockchain unique reward system. RavenCash is a blockchain platform optimized for decentralized digital currency transactions. handling the efficient creation and transfer of assets from one party to another and other things related blockchain industry resulting in a transparent and dependable platform.
3. CONSENSUS MECHANISM
RavenCash operates on its own blockchain with KawPow Algorithm, a unique PoW consensus mechanism designed to address scalability and decentralization issues.
ASIC Resistance: Prevents centralization by making it more difficult for specialized hardware to dominate mining.
Performance: Offers improved performance over its predecessors with optimized hashing and verification processes.
Security: Enhances resistance against 51% attacks and other common vulnerabilities.
Decentralized Mining: Promotes a distributed network of miners to ensure decentralization.
Difficulty Adjustment: Dynamically adjusts mining difficulty to maintain a consistent block time.
4. TOKENOMICS
The total supply of RavenCash is capped at 200,609,375 coins to create scarcity and maintain value.
Coin Distribution:
Initial Distribution: First block mining (premine) 1,000,000 coin allocated to community fund.
A. 910,000 coin presale for support listing fee exchange.
B. 65,000 coin for 1 masternode monitoring.
C. 25,000 coin for airdrop, bounties.
Coin Information:
Ticker: RVH
Algorithm: KawPow
Block time: 1 minute
Halving: Every 1 million block
Coin maturity: 100 block
Masternode collateral: 65000 coin
Mining Rewards:
Block rewards for node owners and miners decrease over time according to a predefined schedule, incentivizing early participation and reducing inflation.
Reward allocation each mined block
* 5% – Dev. Team
* 30% – Miner reward
* 65% – Masternode reward
5. MASTERNODE
6. FUTURE PLANS AND ROADMAP
A. Continuous Improvement:
Gather feedback from the community and users for ongoing enhancements.
Release regular updates and new features based on user needs and technological advancements.
B. Performance Optimization:
Continuously optimize network performance, transaction throughput, and latency.
C. Research and Development:
Invest in R&D to explore new technologies, including web wallet, mobile wallet, AI integration and advanced cryptographic techniques.
D. Partnership Expansion
Explore opportunities for international partnerships and market entry.
Form strategic partnerships with financial institutions, enterprises, and other blockchain projects.
Tailor the platform to meet the needs of different regional markets.
E. Think more ....
7. CONCLUSION
RavenCash outlines a strategic path to create a robust, scalable, and innovative blockchain platform. By following this plan, we aim to achieve significant milestones, foster a vibrant ecosystem, and drive the future of decentralized technology.
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