What is the difference between Bitcoin and Ravencoin?
The main difference between Bitcoin and Ravencoin is the purpose of each project.
Bitcoin was created as a digital currency, while Ravencoin was created as a platform for the issuance and trading of digital assets. Bitcoin is a decentralized, peer-to-peer cryptocurrency that enables users to send and receive payments without the need for a third-party intermediary. It is powered by a blockchain network that uses proof-of-work consensus to validate transactions and secure the network.
Bitcoin is primarily used as a store of value and medium of exchange, but it can also be used to purchase goods and services. Ravencoin, on the other hand, is an open source blockchain platform designed specifically for the transfer and trading of digital assets. It utilizes proof-of-work consensus to secure its network, but it also includes features such as asset issuance, asset reissuance, asset destruction, dividend payments, voting rights, messaging capabilities, and more.
Ravencoin enables users to create their own tokens or assets on its blockchain network which can then be traded on its native exchange or other exchanges that support Ravencoin tokens.
