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NVC
Exchange
USD
Market Cap
$9,548,212
24h Low / 24h High
$4.65998 / $4.97233
24 Hour Trading Volume
$9,616
Complete Metrics Score
Total36%
Major Exchanges Trading Activity
Liquidity1%
Source Code Repository Activity
Developer62%
Social Media & Discussion Board
Community18%

Novacoin (Overview)

About

Novacoin is a hybrid Proof of work (POW) / Proof of stake (POS) decentralized peer-to-peer cryptocurrency.The Proof of Work part of Novacoin is based on the Scrypt hashing algorithm. Proof of Stake contributes to the coins energy efficiency, as there is no need for nodes to contribute mining power to part of the money creation process.

As of now, Novacoin is set to be capped at 2 billion coins. However Novacoin stated that the cap limit may be lifted if the situation requires it.

It looks very much like a variation of Sunny King Peercoin.

Genesis Date February 09, 2013 (about 5 years)
Hashing Algorithm

Scrypt

Hashrate

92.9 GH/s Try Cloud Mining

Block Time

10.0 Minute

Blockchain/Supply

https://explorer.novaco.in

Available/Total Supply

1.99 Million /