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News by Altcoin Buzz: David Abel
Peer-to-peer blockchain platform, Ravencoin, has announced plans to release a Raven membership coin via its twitter handle.
The new Ravencoin membership tokens will purportedly bring along incredible features. Firstly, “the tokens can be sent ONLY ONCE.”
Therefore, users can be confident that the wallet belongs to the same person.
Project Raven / RVN / [email protected] 1) The new membership tokens coming live in Ravencoin soon are able to do some powerful stuff: The tokens can be sent ONLY ONCE — this means the sender can have confidence that the wallet is the same person they sent to This has huge possibilities for both regulated use cases 74 10:30 PM — Sep 22, 2019 Twitter Ads info and privacy33 people are talking about this
Accordingly, this brings huge possibilities for both regulated use cases, like AML / KYC. Thus, a company can create a membership or trading network for people the issuer wants in a network.
Project Raven / RVN / [email protected] · 19h 1) The new membership tokens coming live in Ravencoin soon are able to do some powerful stuff: The tokens can be sent ONLY ONCE — this means the sender can have confidence that the wallet is the same person they sent to This has huge possibilities for both regulated use cases Project Raven / RVN / [email protected] 2) such as AML / KYC — where a company can create a membership or trading network for people the issuer wants in a network And also for non regulated and more cypherpunk use cases which need true censorship resistance — such as a group of activists or dissidents 35 10:30 PM — Sep 22, 2019 Twitter Ads info and privacySee Project Raven / RVN / Ravencoin’s other Tweets
Non-regulated and more cypherpunk use cases are another type. They reportedly need true censorship resistance like a group of activists or dissidents.
Project Raven / RVN / [email protected] · 19h Replying to @Ravencoin 2) such as AML / KYC — where a company can create a membership or trading network for people the issuer wants in a network And also for non regulated and more cypherpunk use cases which need true censorship resistance — such as a group of activists or dissidents Project Raven / RVN / [email protected] 3) RVN assets can be set up to only allow transfer to those wallets who hold the membership token Combine this with IPFS and messaging and we have a robust and powerful network for sending files, documents, securities or other items of value on an open and strong network / 48 10:30 PM — Sep 22, 2019 Twitter Ads info and privacy15 people are talking about this
Secondly, existing membership tokens wallets are the restricted receivers of the RVN assets. Consequently, when combined with IPFS and messaging it gives users a robust and powerful network for sending files, documents, securities or other items of value on an open and strong network.
The news brought about positive comments from the followers. For instance, Bruce Fenton said: “That’s a real thing! Coming soon.” Concurrently, James McCue wrote: “I want the membership token that lets me stay at @brucefenton’s house! I love this project… if only I got my shit together and studied more. Tough with a fulltime gig”.
For new readers, you can find out more about Ravencoin here.
Since its inception, the coin has joined forces with several big players.
In June, Ravencoin was listed by Binance’s official non-custodial wallet app, Trust Wallet. Before then, the Raven Protocol team announced it would be joining the top crypto platform Binance Chain to exploit the full potential of Artificial Intelligence.
Last month, cryptocurrency platform tZERO announced its support for Ravencoin. Thus, adding it to the list of cryptocurrencies supported by its wallet and mobile trading app.
Ravencoin (RVN) is a small cryptocurrency. The CEO of Overstock started it when he invested millions into its development. The coin was created about 7 years ago and is a fork of Bitcoin.
The platform enables tokenized P2P asset transfers on the blockchain. The RVN tokens can be used to create fungible or nonfungible digital assets, as well as non-asset-based tokens like the VOTE.
Bruce Fenton is definitely a distinct personality in the Bitcoin space. After working as a stock market broker for about two decades, he chose to walk away from his Wall Street career and take a leap of faith with Bitcoin. “It’s been a wild ride, I wouldn’t trade it for the world. In my opinion, Bitcoin is the most powerful and important ... Watchdog Capital is owned by a long-time Bitcoin worshiper Bruce Fenton who also doubles up as Chainstone Labs CEO. Fenton stated that most of the aspects in the Bitcoin industry can be harnessed and used successfully within the securities industry. He gave an example of cypherpunks which he said can be used to protect consumers as well as their privacy and also allow them to have increased ... Binance SVP of Charity Jarred Winn interviewed Chainstone Labs CEO Bruce Fenton about what we might expect coming out of this pandemic. 29. FTX, WazirX, SafePal launch trading competition in India. A Binance-invested exchange, a Binance-acquired platform, and a Binance-incubated crypto wallet joined forces for a promo in one of the world’s major crypto markets. From the Binance Team. 30. # ... Former Bitcoin Foundation director Bruce Fenton tweeted the situation as well. “I’d take some crypto off the table until this shakes out — Even Bitcoin will likely be hit by this — Long ... If Pierce wins we have a Bitcoiner President, #Bitcoin wins — Bruce Fenton (@brucefenton) November 3, 2020. The waiting is the only bullish exercise an average Bitcoin trader can do. Meanwhile, those with a restless, short-term risk appetite would prefer selling their positions at the current higher levels. Against a lower buying demand in ... Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility.
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