AThe blocktime for Ravencoin is 1 minute. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
QWhat hashing algorithm does Ravencoin use?
ARavencoin uses the hasing algortihm x16r.
QWhat was the highest price that Ravencoin ever reached?
AThe highest price that Ravencoin ever reached was $0.29 USD. This all time high price occured on 20 Feb 2021.
QWhat was the lowest price that Ravencoin ever reached?
AThe lowest price that Ravencoin ever reached was $0.0089323 USD. This all time low price occured on 13 Mar 2020.
AYes Ravencoin is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Ravencoin use?
ARavencoin uses a proof of work concensus algorithm.
QIs it possible to stake Ravencoin to generate passive income?
AYes, staking is available for Ravencoin on a number of platforms. For a full list of Ravencoin staking yields see our list of Ravencoin staking yields.
QHow much can I earn staking Ravencoin?
AYou can earn up to 4.5% APY by staking your Ravencoin tokens. Check out our Ravencoin staking yields table for further details.
QWhere is the best place to stake Ravencoin?
ARight now the best staking rates are on Binance with an income rate of up to 4.5% APY.
QIs it a good time to buy Ravencoin?
AYou can check the technical indicators for Ravencoin on the Ravencoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Ravencoin.
QWhere is the best place to buy Ravencoin?
AYou can find the cheapest exchange on which to buy Ravencoin on the Ravencoin Buy tab.
QWhich crypto wallets support Ravencoin?
AYou can check which wallets support Ravencoin on the Ravencoin Wallets tab.
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