Raven Protocol (RAVEN)
Raven Protocol (RAVEN)
0.00037485 -2.73 %
Rank # 3441 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 4,436,646,537.00
Total Supply 10,000,000,000.00
Max Supply 0.00
  • Ethereum binancecoin-RAVEN-F66
  • Ethereum binance-smart-chain-0xcd7c5025753a49f1881b31c48caa7c517bb46308
  Week Month Year All Time
High

26-09-2024

0.000453560886
-17.35%

24-09-2024

0.000456569838
-17.90%

02-04-2024

0.001993823883
-81.20%

12-07-2019

₹5,730,800.59
-91.79%
Low

13-12-2024

0.00037485
0.00%

13-12-2024

0.00037485
0.00%

21-01-2024

0.00031727234
18.15%

16-03-2020

₹5,628.29
497.87%

Raven Protocol News (Raven News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Raven Protocol Chart (Raven Chart)

Raven Protocol Price USD (Raven Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Raven Protocol Price History (Raven Price History)
Price Market Cap Volume Date
Coin Raven Protocol
Comments
Raven Protocol Price Today (Raven Price Today)
Raven Protocol's specific use case is to perform AI training where speed is the key. We're taking a 1M image dataset that takes 2-3 weeks to train on AWS down to 2-3 hours on Raven. AI companies will be able to train models better and faster. Raven Protocol is creating a self-sustaining and dynamic ecosystem for: Customers who want to train their AI engines; and/or Contributors who would like to share their compute resources in the form of Computers, Smartphones, or even a server rack. Raven Tokens (RAVEN) will work as the common ground to facilitate a secure transaction that will take place inside our ecosystem. Enterprise clients who want to rent compute power will do so with RAVEN and contributors of the compute power will be rewarded in RAVEN. Raven is creating a network of compute nodes that utilize idle compute power for the purposes of AI training where speed is the key. A native token is the key to bootstrapping a nascent network. We want to incentivize and reward people all over the world to contribute their compute power to our network. Additionally, we will reward token holders for running masternodes which will be responsible for orchestrating the training of various deep neural networks. Our consensus mechanism is something we call Proof-of-Calculation. Proof-of-Calculation will be the primary guideline for the regulation and distribution of incentives to the compute nodes in the network. Following are the two prime deciders for the incentive distribution: Speed: Depending upon how fast a node can perform gradient calculations (in a neural network) and return it back to the Gradient Collector. Redundancy: The 3 fastest redundant calculation will only qualify for receiving the incentive. This will make sure that the gradients that are getting returned are genuine and of the highest quality. Also read: Ravencoin Classic Rvc Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Raven Protocol (RAVEN) is USD 0.00037485
24 Hours, High Price of Raven Protocol (RAVEN) is USD 0.00038883 and Low price of Raven Protocol (RAVEN) is USD 0.00037329
The total supply of Raven Protocol (RAVEN) is 10000000000 and Circulating supply of Raven Protocol (RAVEN) is 4,436,646,537.00
The trading volume of Raven Protocol (RAVEN) is 1054 In the last 24 hours