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In the Crypto Assets market, there are two promising coins worth following for the long term: Ravencoin (RVN) and Satoshi (SATS).
Ravencoin, commonly known as RVN, is an innovative blockchain project based on a fork of Bitcoin's code. It was launched by Bruce Fenton and Tron Black in 2018, aimed at facilitating peer-to-peer asset transfer and issuance. The total supply of RVN is 21 billion, with a block generation time of one per minute, and each block rewards 5000 RVN.
It is worth noting that RVN uses the KAWPOW mining algorithm, which can effectively resist ASIC miners, thus making the mining process more decentralized. The uniqueness of RVN lies in its diverse application scenarios, including issuing tokens that represent real-world assets, such as gold, company stocks, etc., as well as creating non-fungible tokens (NFTs).
On the other hand, SATS is not an independent Crypto Assets project, but rather the smallest unit of measurement for Bitcoin. One Bitcoin is equal to 100 million SATS. The existence of this small unit makes Bitcoin transactions more flexible and precise, especially in cases of significant fluctuations in Bitcoin prices.
SATS is widely used across multiple crypto assets trading platforms, merchants, and wallets, becoming a convenient payment tool. It allows investors to perform more precise trading operations, especially when there is no need to use an entire bitcoin unit.
As the application of Bitcoin in the decentralized finance (DeFi) field continues to deepen, SATS is expected to become an important tool for micropayments and transactions in the DeFi ecosystem. However, it is important to note that the future development of SATS is closely related to the overall performance of Bitcoin.
Overall, RVN and SATS represent innovative applications of blockchain technology in the fields of asset management and micropayments. Their unique characteristics and potential application scenarios make them promising crypto worth following closely. However, investors should still carefully assess market risks and technological development trends when considering these emerging coins.