1/ Ideology
#RVN aims to facilitate collaboration with financial institutions.
#BTC was created to address people’s lack of trust in financial institutions.
#RVN aims to facilitate collaboration with financial institutions.
#BTC was created to address people’s lack of trust in financial institutions.
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.
#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.
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.
#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.
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.
#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:
6/ Read our full comprehensive, data-packed analysis comparing #RVN V.S. #BTC https://bit.ly/SFOX_RVN_BTC