Novacoin
Last updated | 1 year ago |
Price per NVC in USD | $ 0.033986592407563 |
Price per NVC in Bitcoin | 0 |
Volume over the last 24 hours | $ 13 |
Market cap in USD | $ 79,384 |
Change in % over the last hour | 0.26853932 |
Change in % over the last 24 hours | 13.21086517 |
Change in % over the last 7 days | 9.00536665 |
Block chain updated | 15 hours ago |
Block height | 966811 |
Difficulty | 16.97270622 |
Current supply | 5024811.036125 |
NVC specifications
Name | Novacoin |
Symbol | NVC |
Minable | Yes |
Algorithm | Scrypt |
Prooftype | PoW/PoS |
Block explorer | NVC block explorer |
Premine: | N/A |
Coin description
Novacoin is a cryptocurrency designed for stability and long-term value retention. It operates on a hybrid proof-of-work/proof-of-stake (PoW/PoS) consensus mechanism, ensuring energy efficiency and fair distribution. Novacoin emphasizes simplicity, security, and usability, making it suitable for everyday payments.
Novacoin Hybrid Consensus Features
Novacoin's architecture combines PoW mining with PoS staking, allowing users to earn rewards while reducing energy consumption. Its focus on decentralization ensures that users retain full control over their funds. For example, merchants can accept Novacoin payments while benefiting from low transaction fees and fast confirmations.
One of Novacoin's strengths lies in its role as a thought experiment in digital currencies. By promoting transparency and immutability, it challenges traditional monetary policies. Keywords like Novacoin hybrid consensus and PoW/PoS rewards are closely tied to this project.