📝 Executive Summary
Two mining pools controlling most of Ravencoin’s hashpower are building a replacement chain from before Friday’s first invalid block, putting deposits, withdrawals and payments made since then at risk of reversal.
Bearish
🤖 90%
Two mining pools with majority hashpower are building a replacement chain from before Friday's first invalid block, intending to roll back four days of transactions. Any transactions confirmed since then, including deposits and payments, are at risk of reversal, directly threatening the integrity of the Ravencoin network. This could lead to double-spend attacks, exchange fund losses, and a collapse of user trust, likely sending RVN/USD sharply lower.
Catalysts
- ▼ Two mining pools building a replacement chain to roll back transactions
- ▼ Critical block flaw producing invalid blocks since Friday
Risk Factors
- ▲ The replacement chain fails to achieve majority proof-of-work and the current chain remains dominant, nullifying the rollback
- ▲ Developers coordinate a swift patch and hard fork that resolves the flaw without a rollback, restoring confidence
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How will the rollback impact Ravencoin's price?
RVN/USD is expected to drop sharply as the network's reliability is compromised, with double-spend risks and potential exchange delistings triggering panic selling.
Can Ravencoin recover from a four-day transaction rollback?
Recovery is possible but difficult; the network must regain trust via a coordinated fix and possibly hard fork. Historical rollbacks in other chains have led to long-term reputational damage.
What should current Ravencoin holders do?
Holders should avoid transacting until the chain is stable and monitor communications from developers and exchanges on the resolution plan.