Cryptocurrency Q&A What algorithm does RVN use?

What algorithm does RVN use?

PulseEclipse PulseEclipse Thu Dec 26 2024 | 7 answers 1636
I'm curious about the algorithm utilized by RVN. I've heard it's quite efficient and effective, but I'm not sure exactly how it works. Could someone explain the algorithm RVN employs? What algorithm does RVN use?

7 answers

CharmedVoyager CharmedVoyager Sat Dec 28 2024
Ravencoin employs a unique variation of the Proof-of-Work (PoW) consensus algorithm.

Was this helpful?

251
62
AmyDavis AmyDavis Fri Dec 27 2024
This signifies that a new block is added to the blockchain every minute.

Was this helpful?

354
99
KimonoElegance KimonoElegance Fri Dec 27 2024
This variation is called KAWPOW.

Was this helpful?

294
20
Daniela Daniela Fri Dec 27 2024
KAWPOW is designed to lower the entry barrier for mining on Ravencoin's blockchain.

Was this helpful?

44
68
Maria Maria Fri Dec 27 2024
The efficient block time contributes to the network's overall security and stability.

Was this helpful?

176
88
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts