Crave: Anonymous, Fast Proof-of-Stake Cryptocurrency

Sorry, friend! I couldn’t find an official whitepaper for the Crave project. However, I’ve gathered some valuable information from reliable crypto platforms and project code repositories, and compiled it into an easy-to-understand introduction to help you get to know this project. Please note, the following is for informational sharing only and does not constitute investment advice.

What is Crave

Imagine the bank transfers we use every day, where every transaction is clearly recorded in the bank’s ledger and can be checked by anyone. In the blockchain world, the “Crave” project (token ticker: CRAVE) aims to provide you with a more private and faster “digital cash” system.

Simply put, Crave is a cryptocurrency based on Proof of Stake (PoS). If “Proof of Stake” sounds complicated, think of it as a “shareholders’ meeting in the digital world”: the more CRAVE tokens you hold and “stake” (lock up), the higher your chance of being selected by the system to validate transactions, secure the network, and earn rewards—just like shareholders receive dividends based on their holdings, rather than mining like Bitcoin which consumes lots of electricity.

Crave launched in January 2018, drawing on some advanced Bitcoin technologies, such as “BIP32 HD wallet addresses” for easier management of multiple addresses, and “dual key Stealth addresses” to make transactions harder to trace. It also introduced the concept of “Masternodes”—special nodes that help run the network and provide features like anonymous and fast transactions.

Project Vision and Value Proposition

Crave’s core vision is to be a “cutting-edge” cryptocurrency, offering unique features that many other projects lack. It aims to build a decentralized, community-driven, and energy-efficient blockchain, with a special focus on protecting users’ sovereignty and anonymity.

The main problems it wants to solve are: how to achieve stronger transaction privacy and faster transaction speeds in the digital world. To this end, Crave proposes two main solutions:

• Anonymous Transactions (Obfuscation): This is like putting an “invisibility cloak” on your digital currency transactions. Using a technique called “obfuscation,” your transaction is mixed with many others on the network, making it very difficult for outsiders to trace the real source and destination of funds, thus protecting your privacy.
• Fast Transactions (LightX): Crave promises “zero-confirmation transactions,” meaning your transaction is completed almost instantly, without waiting for multiple blockchain confirmations. It’s like paying with your phone—just a tap and it’s done, greatly improving convenience.

Compared to similar projects, Crave supports these advanced features through its masternode network, which is part of its differentiation.

Technical Features

Crave’s technical architecture can be seen as a standalone “digital ledger” with its own set of rules and operations:

• Blockchain Type: Crave has its own independent blockchain, not built on another chain (like Ethereum).
• Consensus Mechanism: It uses Proof of Stake (PoS), specifically based on Blackcoin PoS2.0.
• Block Time: A new block is generated approximately every 60 seconds, meaning transaction confirmations are relatively fast.
• Hash Algorithm: Uses the Scrypt algorithm.
• Core Technical Highlights:
  • BIP32 HD Wallet Addresses: Manage all derived wallet addresses with a single master key—convenient and secure.
  • Dual Key Stealth Addresses: Adds an extra layer of privacy to transactions, making it harder to link the identities of both parties.
  • One-Time Transaction Broadcast: Ensures transaction information is sent only once, avoiding network redundancy and potential attacks.
  • Address Indexing: Makes it easy for users to query and manage their transaction history.
  • Obfuscation Technology: Achieves anonymity by mixing transactions.
  • LightX (Fast Transactions): Provides instant, zero-confirmation transaction experience.
• Masternodes: These are special nodes in the Crave network, requiring a stake of 5,000 CRAVE tokens to operate. Masternodes not only help secure the network but also provide advanced features like anonymous and fast transactions, earning extra rewards.
• Block Size: Maximum block size is 40 megabytes, 40 times that of Bitcoin Core, theoretically allowing it to handle more transaction data.
• Open Source: Crave is open source, meaning anyone can view, audit, and contribute to its code. The main programming language is C++.

Tokenomics

The token of the Crave project is CRAVE, which plays a key role in the ecosystem:

• Token Symbol: CRAVE
• Issuance Chain: Crave’s own independent blockchain.
• Consensus Mechanism: Proof of Stake (PoS).
• Total Supply and Issuance Mechanism:
  • Current known circulating supply is about 22,927,368.102549 CRAVE.
  • In the early days, 10,000 blocks were mined via Proof of Work (PoW), with each block rewarding 100 CRAVE.
  • Afterwards, it switched to Proof of Stake (PoS), with each PoS block rewarding 1 CRAVE.
• Token Utility:
  • Running Masternodes: Holding and staking 5,000 CRAVE tokens allows you to run a masternode, earn rewards, and support the network’s anonymous and fast transaction features.
  • Participating in Network Security: As a PoS token, holding and staking CRAVE helps maintain network security and stability.
• Current and Future Circulation:
  • According to the latest data, CRAVE’s market cap is about $131,300, with a 24-hour trading volume of only $2. This indicates extremely low market liquidity.
  • Historical price volatility has been dramatic, rising from a low of $0.0019277 (Nov 2019) to $8.20 in 2018, and dropping from $5.35 to $0.0064262 (2018).
  • Currently (Nov 24, 2025), the price is about $0.0441.
  • CRAVE tokens are mainly traded on an exchange called YoBit, which does not support direct fiat trading.

Team, Governance, and Funds

• Core Members and Team Features: No specific list of core members or detailed team introduction for Crave was found in publicly available crypto sources. The GitHub repositories are named “Crave-Project” and “Crave-Community-Project,” suggesting a community-driven nature.
• Governance Mechanism: While the GitHub project description mentions “community-driven,” CryptoSlate marks its organizational structure as “Centralized.” This inconsistency may need further clarification and could mean the project has some limitations in decentralization.
• Treasury and Funds: There is currently no public information detailing the size of Crave’s treasury or its financial operations.

Roadmap

I haven’t found a clear, timeline-based roadmap of historical milestones or future plans for Crave. The project started in January 2018. The lack of a clear roadmap may make it difficult for the community and potential participants to understand the project’s future direction and progress.

Common Risk Reminders

Investing in any cryptocurrency carries risks, and Crave is no exception. Here are some key risks to pay attention to:

• Economic Risks:
  • Extremely Low Liquidity: CRAVE’s 24-hour trading volume is very small, meaning it may be hard to quickly buy or sell large amounts, and prices can swing wildly with small trades.
  • High Price Volatility: Historical price data shows CRAVE has experienced huge ups and downs, indicating high investment risk.
  • High Exchange Concentration: Currently traded mainly on one exchange (YoBit), which doesn’t support fiat, increasing barriers and risks. If the exchange has issues, it could significantly impact CRAVE trading.
• Technical and Security Risks:
  • Although the project claims to offer anonymous and fast transactions, the underlying technical details, code quality, and security require professional audits and ongoing verification.
  • GitHub activity is low (some repos have only a few stars and forks), which may mean the developer community isn’t very active, and project updates or security fixes may be slow.
• Compliance and Operational Risks:
  • The project’s organizational structure is described as “centralized,” which goes against the decentralization spirit of many blockchain projects and may bring single-point failure and centralized control risks.
  • Lack of a clear official whitepaper and detailed team information reduces transparency and increases potential operational risk.

Verification Checklist

• Block Explorer: Since Crave has its own blockchain, you’ll need to find its dedicated block explorer to view transactions and network activity.
• GitHub Activity:
  • Crave-Project: 3 stars, 5 forks.
  • ObsidianSorceress/Crave: 1 star, 0 forks.
  • Crave-Community-Project: 3 stars, 5 forks.

  Overall, GitHub activity is relatively low, which may indicate limited development and community participation.

Project Summary

Crave (CRAVE) is a Proof of Stake (PoS) cryptocurrency project with the core goal of providing anonymous and fast transaction experiences. It integrates some advanced Bitcoin technologies and supports its unique privacy and speed features through a masternode network. However, based on currently available information, Crave faces some clear challenges and risks. The project lacks a detailed official whitepaper, resulting in low information transparency. Its market liquidity is extremely low, trading volume is minimal, and trading is concentrated on a single exchange, making buying and selling difficult and increasing price volatility risk. Additionally, GitHub development activity is relatively low, which may affect ongoing development and maintenance. Although the project claims to be “community-driven,” some sources indicate its organizational structure is “centralized,” which could pose potential centralization risks. For anyone considering the Crave project, it’s crucial to fully understand these risks and conduct thorough independent research. Please remember, this is not investment advice—cryptocurrency markets are extremely risky, so make decisions carefully.

For more details, please research independently.