Ravencoin is free & open source & fairly mined (POW) blockchain. Users can issue and control utility, game, NFTs & securities digital assets/ tokens #IPFS
Securing capital for development has historically been a primary hurdle for RVN, a consequence of operating as a genuinely open-source initiative without premines or fundraising rounds. Despite these financial constraints, our structural foundation is significantly more advanced than premined ecosystems like ETH and Solana. We adhere to a distributed, fair-launch model rooted in true cypherpunk principles. This mirrors the architecture of Bitcoin and stands as a vastly superior alternative to the centralization and varied complications inherent in token sales, ICOs, or set-asides.
The trade-off for this integrity is the absence of a budget for grants or artificial market promotion, tactics often employed by projects like Solana to generate interest. More critically, we lack a centralized treasury to compensate engineers. Consequently, all development on Ravencoin has historically paralleled the Bitcoin model, relying entirely on voluntary efforts or donation-based contributions.
Artificial Intelligence offers a powerful solution to this resource gap. Current AI technology already enables high-volume code production, and these capabilities are on a trajectory of constant improvement. As noted recently by TheBlueMatt, a leading developer for Bitcoin, coding is becoming accessible to everyone. This technological shift will unlock new opportunities for Ravencoin, effectively resolving the specific bottlenecks associated with our project structure.
In the months and years ahead, we will be able to effortlessly integrate logical upgrades and changes from Litecoin or Bitcoin, alongside implementing enhanced tools for token creation and privacy. As the spending advantage currently enjoyed by centralized projects evaporates, the enduring value of our superior cypherpunk structure will remain.
We are committed to advancing cypherpunk principles and moving away from traditional central banking structures. To achieve this vision, Ravencoin requires a significant influx of developers to assist with essential updates. Specifically, we need assistance in adding privacy features and creating expanded second layer tools to assist in tokenizing the world. We invite you to join us in this mission.
It is interesting to observe that many of the puritans who formerly attacked Ravencoin for being an alt coin are now occupying their time by advocating for centralization, as well as for firms like Cantor and Blackrock. You might disapprove of the project or consider it unintelligent, yet the element of cypherpunk decentralization is undeniable. This is particularly true in our current age of centralized grifting.
We are currently witnessing a landscape filled with extensive restrictions and oversight. The dominant conversation is shifting toward centralized banking and compliance standards like AML KYC, often overshadowing the importance of decentralization. Given this reality, the necessity for the cypherpunk ethos and open source innovation is clear. There has never been a more critical moment to embrace decentralized solutions.