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?
7 answers
CharmedVoyager
Sat Dec 28 2024
Ravencoin employs a unique variation of the Proof-of-Work (PoW) consensus algorithm.
AmyDavis
Fri Dec 27 2024
This signifies that a new block is added to the blockchain every minute.
KimonoElegance
Fri Dec 27 2024
This variation is called KAWPOW.
Daniela
Fri Dec 27 2024
KAWPOW is designed to lower the entry barrier for mining on Ravencoin's blockchain.
Maria
Fri Dec 27 2024
The efficient block time contributes to the network's overall security and stability.