Thread by @SFox, How exactly does the @Ravencoin fork differ from the original #Bitcoin ? [...]

SFOX

SFox

Read on Twitter

How exactly does the @Ravencoin fork differ from the original #Bitcoin

?

A

...

How exactly does the @Ravencoin fork differ from the original #Bitcoin ? A...

Ideology

#RVN aims to facilitate collaboration with financial institutions.

#BTC

was created to address people’s lack of trust in financial institutions.

1/ Ideology #RVN aims to facilitate collaboration with financial institutions. #BTC was created to address people’s lack of trust in financial institutions.

Use-Case

#RVN carries statements of truth about who owns what assets, regulated or unregulated (the platform supports both).

#BTC

can be used as a means of exchange, a store of value, and a speculative asset, among other uses.

2/ Use-Case #RVN carries statements of truth about who owns what assets, regulated or unregulated (the platform supports both). #BTC can be used as a means of exchange, a store of value, and a speculative asset, among other uses.

Scalability

#RVN is unlikely to have an issue with scaling in the near future thanks to its faster block times and larger blocks.

#BTC

favors second-layer solutions like SegWit and the #LightningNetwork to tackle scaling.

3/ Scalability #RVN is unlikely to have an issue with scaling in the near future thanks to its faster block times and larger blocks. #BTC favors second-layer solutions like SegWit and the #LightningNetwork to tackle scaling.

Mining

#RVN currently uses X16R algorithm—but, as it has recently proved unsuccessful in being ASIC-resistant, a hard fork will occur on May 6th to a KawPow algorithm.

#BTC

uses the SHA-256 algorithm to reach network consensus, and is therefore not ASIC-resistant.

4/ Mining #RVN currently uses X16R algorithm—but, as it has recently proved unsuccessful in being ASIC-resistant, a hard fork will occur on May 6th to a KawPow algorithm. #BTC uses the SHA-256 algorithm to reach network consensus, and is therefore not ASIC-resistant.

5/ On April 6th, @Ravencoin developer @tronblack looked forward to the upcoming consensus change with the following observation:

Read our full comprehensive, data-packed analysis comparing #RVN

V.S. #BTC

https://bit.ly/SFOX_RVN_BTC

Ravencoin vs. Bitcoin: How to Transfer Truth

We dig into the data to see how the original digital cash, Bitcoin, measures up against Ravencoin, the asset-management blockchain.

https://bit.ly/SFOX_RVN_BTC

You can follow @SFox.

Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: