Topic: LINK and RVN, how good are these new coins? (Read 107 times)

Your reviews are nice! Can you please make a review of Ergo Platform ? https://ergoplatform.org/en/

There is alot of interest for Chainlink and with the partnership with Google which to m is a great deal has great chance of making it to the top project in the space unlike RVN which the selling point is the security tokens I don't see much upside for the project due to the fact that people are still very skeptical of security tokens due to regulations

Welcome back everybody!

There have been a few coins on my radar recently, as that perfect combination of price action and anecdotal information has come together and caught my attention.

I follow a few crypto people on different forums, reddit, Twitter, Youtube videos and interviews etc, who have mentioned these two coins, and if that wasn’t enough, then Binance US announces that LINK and RVN are now available on their platform as part of their phase 3 expansion.

I just knew, now, was the perfect time, to do a good analysis of these two coins and their tech. There is more hype now than ever of these coins, so let’s get straight into it shall we, and start the coin rolling with:

ChainLink - LINK

https://chain.link/

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At first glance of the front page it’s not really obvious how good LINK is, as you only see a simple diagram of a smart contract drawn out, with ChainLink written in it:

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And the simple language, connect to any API and send payments anywhere, doesn’t give away much either. I see this kind of promise all over altcoins in general, except with LINK there is more, way more, information to come.

The big hint comes from seeing Google, Swift and PayPal in the opening diagrams, but if you look really carefully, you will also see Hyperledgers logo!

Don’t worry if you don’t know what it looks like, I will point it out again in a minute, what’s more important is that you now know that LINK is 100% gender neutral. In other words, it caters for ALL leading blockchains that support Smart Contracts, not just the most popular ones, like Bitcoin and Ethereum.

Now, can you see what the fuss is all about? Whether you like Stellar or XRP or ADA, your in luck. LINK has the expertise to work with all of your favourite coins and their blockchain technology.

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In that central hub you can see Bitcoin and Ethereum, but you can also see that clear matrix type logo as well? Well, that’s hyperledger that competes with all of our fabulous cryptocurrency coins, but in this case, who cares?

A winning bet would find a tech company that can cater to ALL of them, that way, however wins, this coin wins as well.

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That’s the main reason I’m so excited as I type this, we get a rare chance to benefit from all the leading blockchains as LINK knows that a smart contract cannot access its own data, no matter what network it’s on. Meaning a smart contract is only as good as the data it receives.

LINK provides that secure connection with next generation oracle links, ensuring a reliable and trustworthy smart contract continues operating.

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LINK has seen this weakness associated with smart contracts and cornered this market early on, we are all so fascinated with the Smart Contract function and Dapps that are being developed to run on them. LINK sees the future of smart contracts go beyond tokenisation and simple financial agreements, to becoming the most dominant form of digital agreement.

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We can plainly see now what LINK saw some time ago, since then though, they have gained some incredible reputation in this niche, as you can see from the endorsements on the screenshots below or from the big Bluechip companies that are featured on some of the others.

Mastercard and Visa are there, plus I heard that Microsoft is interested or is in the process of becoming a new business to use LINK and it’s services. This came from Teeka Tiwari an ex hedge fund manager that trots the globe looking at all the latest cryptocurrency tech.

Here’s a link to a great interview he did on London Real recently, where admitted LINK was his number 1 pick right now:

So that’s all the hype and positive information out the way. Now I wanted to see if ChainLink are active on their Github, as this is always the perfect benchmark. A cryptocurrency can be performing lots of activity and marketing really well etc, but if it’s truly growing and evolving, it’s Github will show updates and modifications to the code. Here’s what I found:

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Plenty of recent additions to the Github log 👍🏼💯

Lots of activity in the last few days, not to mention the last couple of months, so it looks like things are definitely moving forward to LINK.

I’m not a financial advisor but I see blue sky’s ahead for this cryptocurrency for the following reasons:

Growth in the number of companies and enterprises using smart contracts
Growth from the new coins that are out now that can utilise smart contract technology, such as TRON, ADA, Stellar and EOS

Growth from some of the even newer coins who haven’t yet come to market, that I’ve analysed, that will also run smart contracts such as Solana, Spacemesh and Nervos.

Growth from being super dominant by creating all these links with big blue chip companies before anyone else can offer them equal or similar technology. Recognition as the best or one of the best counts a lot!

Growth from offering their services, experience and expertise to ALL leading blockchains. By catering to everyone, and not favouring one over the other means the potential to generate more clients and business is excellent.

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So, as you can see I’m definitely a fan! It’s makes sense on so many levels that this coin succeeds, but what do you think?

I will look in the comments and replies for your constructive criticism. 🤔👏🏼

For now let’s move on to another coin I keep seeing and hearing about - Ravencoin.

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RVN - Ravencoin.

https://ravencoin.org/

Yesterday, when I briefly skimmed over RVN, had found out that it’s actually a fork of the legendary Bitcoin!

After my initial excitement I remembered that there are quite a few altcoins that are forks of bitcoin, I just haven’t seen one in a while.

So what makes RVN so different?

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These new features include:

Block reward of 5,000 RVN
Block time of 1 minute instead of 10 like Bitcoin
Total coin supply of 21 Billion
A new mining algorithm, X16R which allows for more decentralized mining
Having a fairer mining system sounds good, but most new coins have similar tech with PoS type systems in place. I do like the same Bitcoin halving effect, as I enjoy knowing that rarity is built into a coin and it’s tech.

But it’s these last two that I think are really interesting:

Addition of Asset issuance, and transfer
Future addition of unique assets, sub-assets, rewards, messaging, and voting.
Those first couple of features wouldn’t be enough to secure a good future for Ravencoin, there are too many coins performing similar benefits, it is these other two that I want to see if they really are any good?

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Project Shares

Having a variety of different securities such as stocks and shares issued on the RVN blockchain, where dividends would be paid in RVN for hosting these securities on the blockchain.

That’s new and interesting, what else does RVN do here?

This screenshot is going to look very similar to the last one, but it’s highlighting a different tab, so to make it easier I’ve dropped a yellow arrow, denoting what tab were looking at:

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Virtual Goods
The example shown is reselling sports tickets without fear of resell or duplicates being made

Cool, this also means you could design your own digital game cards and host them on RVN for example.

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Physical and Digital Assets

RVN coin is capable of representing a share of a project or valuable object(s) the examples given include:

Gold and Silver bars, physical currency like Euro’s or even energy credits.

This is definitely sounding like something people outside crypto could wrap their heads around and actually use or consider when looking at the new cryptocurrency platforms that are springing up.

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Credit

Such as gift cards, air miles, reward points could be safely hosted on the RVN blockchain as well.

To summarise those four different aspects of hosting on the RVN blockchain, have a look at this last screenshot:

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RVN wants to be the premier coin/ tech that is responsible for transferring assets from one party to another on the blockchain. Of course it can transfer payments instantly as well, so you can use RVN and trade it in the meantime, while they attract business and enterprise to transfer assets of value between people.

Using the Bitcoin code is quite a good idea as it is instantly well known and familiar with most people outside crypto-land. So if this is going to catch on, that’s a great place to start.

People will like it for that very reason, that’s it’s Bitcoin at its core
It’s halving feature is a good back up plan, scarcity is a good strategy as well
Transferring assets is very applicable in countries like China, Argentina, Venezuela and when Greece was going through an austerity crisis. As some governments try to manipulate and control the currency or wealth of a nation, this definitely prevents that.
So while it’s not jumping off the page at me like LINK, It seems a lot of other people apart from the SEC and Binance US like this project as look at all these exchanges that accept RVN:

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And there are more, but these are the biggest with the best liquidity. I showed everyone yesterday how many wallets are also available for RVN and it was just as dramatic as well.

If you missed that episode, here is the link:

https://steemit.com/altcoins/@paullifefit/ada-bat-etc-xlm-and-zrx-binanceus-latest-coins-are-they-still-as-good-as-they-were-part-2

So what’s their Github like? It wasn’t anywhere near as good as LINK, but I think I know why!

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One, this is bitcoin code, which has plenty of people working on it, I’m sure they can peak over at the original bitcoin and perform updates retrospectively like that!?

Two, this project is more about outreach and interest, rather than out and out performance. So as I expected, RVN are super eager beavers on social media and offline meets, check out ALL these channels:

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I checked out most of them and they are All active as well.

Plus they have had a big offline meet up as well already:

Asia - Korea

1000 Attendees

So perhaps this is a good pair to have available on Binance US at the same time as they are completely different strategies and completely different technology.

That diversity is what we need so that there is something here for everyone, as well as room for as many of the best coins/ tech that we can. That way everyone looking in can see that cryptocurrencies are the future and the best ideas are over here, where they should perhaps also be.

Well that’s two hot coins that are out right now analysed for you. So that’s it from me then, I will be back with more hot altcoins for you very soon.

Till then. Peace! ✌🏼☮️