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Posts Tagged ‘Ravencoin

While Ravencoin (RVN) is still yet to fork to the new X16Rv2 algorithm on October 1st we now have a project that already switched to the new algo. Originally the Pexa Coin (PEXA) had to fork on the same date as RVN, but the coin has successfully forked to the new X16Rv2 algorithm earlier then initially planned. Originally the project relied on the X16R algorithm that may not yet have ASIC miners for sure, but there are FPGAs available for it. You might want to check out the PEXA project if you are not familiar with it… it just caught our attention because of the X16Rv2 fork.

Even though the X16Rv2 is already here as used by PEXA and very soon to be used by the much more popular project Ravencoin there do not seem to be much choice for miners with support for the new algorithm. PEXA has posted an unofficial T-Rex 0.14.2 (BETA) builds with support for the X16Rv2 algorithm, you can find the software following the link below, with other popular mining software such as Z-Enemy miner expected to have updates with support in the upcoming days before the RVN fork.

For more details on the Pexa Coin (PEXA) X16Rv2 fork, pools and a compatible miner…

The Ravencoin Dev team has now confirmed the upcoming algorithm changes to the new X16Rv2 algorithm planned to happen on Tuesday October 1st 2019 at 16:00:00 UTC. The new X16Rv2 will have the algorithm Tiger into three separate parts of the current X16R algo with the Tiger hash performed before the algorithms Luffa512, Keccak512, and SHA512. A new build should be made available this week or at the beginning of the next (version 2.5.0) that will have the algorithm switch in it. The new build will also be fixing some bugs, and adding some improvements into the Ravencoin Core Client. It is recommended that all users/nodes update to 2.5.0 as soon as it becomes available even though there is more than a month before the algorithm switch. Meanwhile GPU miners interested in continuing to mine RVN with the new X16Rv2 algorithm should monitor heir favorite mining software as support for the new algo is being announced in upcoming updates…

As it was recently announced Ravencoin (RVN) has released a whitepaper and a roadmap regarding the future of the project, something that a lot of users were eagerly anticipating. The whitepaper titled Ravencoin: A Peer to Peer Electronic System for the Creation and Transfer of Assets gives a bit more details as to what the project is intended to be used for, namely as a platform for transfer of assets or tokens. The Ravencoin Roadmap on the other hand gives a bit more technical details about the upcoming features as well as a bit of information when to expect them such as “The expected release of asset capabilities will be approximately seven months after the release of RVN. Raven will be extended to allow issuing, reissuing, and transfer of assets.” Both documents are still a bit short on details and information, but they cover the base things as RVN is still a work in progress project. So if you have been following the RVN project and were interested in it, then you might want to take a look at the latest updates.

To keep a track of the discussion about Ravencoin (RVN) latest updates on Bitcointalk…


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