Rafsen (RAF) is a decentralized Layer 1 cryptocurrency built for speed, security, and accessibility. Powered by Scrypt proof-of-work with a maximum supply of 100 million RAF.
A cryptocurrency designed from the ground up with security, accessibility, and long-term value in mind.
Blocks confirmed every 1 minute. Send and receive RAF with near-instant confirmation times on a robust peer-to-peer network.
Secured by Scrypt PoW, ECDSA secp256k1 signatures, and SHA256d hashing — the same cryptographic standards trusted by Bitcoin.
CPU and GPU friendly Scrypt algorithm means anyone can participate in securing the network and earning 50 RAF block rewards.
No central authority. No admin key. No back door. The network is controlled by its participants — just like it should be.
Fixed supply of 100 million RAF with halving every 210,000 blocks. Decreasing issuance ensures long-term scarcity and value.
The first Iraqi cryptocurrency. Born on March 30, 2026, with the genesis message: "Rafsen RAF - The Iraqi Crypto 30/03/2026".
Rafsen follows a Bitcoin-inspired emission model — fixed supply, predictable issuance, and automatic halving events every ~145 days.
| Era | Blocks | Reward | Total Issued |
|---|---|---|---|
| Era 1 ← | 0 – 210,000 | 50 RAF | 10,500,000 |
| Era 2 | 210,001 – 420,000 | 25 RAF | 5,250,000 |
| Era 3 | 420,001 – 630,000 | 12.5 RAF | 2,625,000 |
| Era 4 | 630,001 – 840,000 | 6.25 RAF | 1,312,500 |
| ... | Continues | Halves | → 100M total |
Every technical detail of the Rafsen network, transparent and verifiable on-chain.
A clear path from launch to a fully featured cryptocurrency ecosystem.
Download the node, start mining, and become part of Iraq's first decentralized cryptocurrency network.
A Decentralized Peer-to-Peer Cryptocurrency for the Iraqi Community and the World
Rafsen (RAF) is a decentralized peer-to-peer cryptocurrency designed to provide a fast, secure, and accessible digital currency for the Iraqi community and the broader world. Built upon proven blockchain technology with Scrypt proof-of-work consensus, Rafsen establishes a fully independent Layer 1 network with its own genesis block, wallet infrastructure, and mining ecosystem.
This document describes the technical architecture, economic model, cryptographic foundations, and long-term vision of the Rafsen project — the first cryptocurrency born in Iraq.
The cryptocurrency revolution has fundamentally transformed how we think about money, value transfer, and financial sovereignty. Yet for many communities — particularly in the Middle East and Iraq — access to reliable, trusted digital currency infrastructure remains limited.
Rafsen was created to address this gap. Named after the Arabic word for "we refuse" — a statement of financial independence — Rafsen provides a community-first cryptocurrency with cultural identity, technical robustness, and real-world utility.
The Rafsen genesis block was mined on March 30, 2026, with the embedded message: "Rafsen RAF - The Iraqi Crypto 30/03/2026" — permanently inscribed in the blockchain as a founding moment.
Rafsen is a Layer 1 proof-of-work cryptocurrency fork based on the Dogecoin codebase, modified extensively to create an entirely independent network with unique genesis parameters, economic model, and network identity.
Rafsen employs a multi-layer cryptographic stack that provides security comparable to the most trusted blockchain networks in existence:
Rafsen follows a deflationary economic model inspired by Bitcoin, featuring a fixed maximum supply and periodic halving events to create predictable, decreasing issuance over time.
The total maximum supply of 100,000,000 RAF will be distributed exclusively through proof-of-work mining — there is no pre-mine, no ICO, no founder allocation, and no reserved treasury. Every RAF in existence was earned by miners.
| Era | Block Range | Block Reward | RAF Issued | Approx. Duration |
|---|---|---|---|---|
| Era 1 (Current) | 0 – 210,000 | 50 RAF | 10,500,000 | ~145 days |
| Era 2 | 210,001 – 420,000 | 25 RAF | 5,250,000 | ~145 days |
| Era 3 | 420,001 – 630,000 | 12.5 RAF | 2,625,000 | ~145 days |
| Era 4 | 630,001 – 840,000 | 6.25 RAF | 1,312,500 | ~145 days |
| Era 5+ | Continues halving | → 0 | Remainder | ~64 total eras |
This emission schedule creates a mathematically verifiable path toward the 100M RAF cap, with decreasing annual issuance providing natural deflationary pressure as demand grows.
The Rafsen network is supported by production-grade infrastructure designed for reliability and accessibility:
Anyone can mine RAF using standard Scrypt mining software. The network uses CPU-friendly Scrypt to ensure broad participation in the early network phase.
rafsen-cli getnewaddress, and point your miner to http://127.0.0.1:18776.
The Rafsen project follows a phased development approach, prioritizing network stability and community growth before ecosystem expansion:
Rafsen is an open-source, community-driven cryptocurrency project. This document is provided for informational purposes only and does not constitute financial advice, investment advice, or any solicitation to buy or sell RAF.
Cryptocurrencies carry inherent risks including but not limited to market volatility, regulatory uncertainty, and technological risk. Always conduct your own research before participating in any cryptocurrency project.
The Rafsen team makes no guarantees regarding future price, adoption, or development outcomes. All development milestones are targets and may change based on community needs and technical requirements.