Novacoin

Novacoin#694
Novacoin NVC 
$0.47104 USD -5.33%

  • 24h Volume: $1,121.50
  • Market Cap: $1.07 M
  • 1h %: 0.63%
  • 1d %: -5.33%
  • 7d %: -8.71%
  • 1m %:-92.90%
1D 7D 1M

Summary


Novacoin is an open-source and dual-consensus blockchain that is built using the Peercoin code base (which itself is a Bitcoin fork). However, Novacoin has made a few notable changes, including a different emission model, a different hashing function, BIP34 implementation, and a new block signing protocol (which in turn supports p2pool functioning). The Proof-of-Work consensus is used to securely mint the Novacoin cryptocurrency, and the Proof-of-Stake consensus is used to power transactions and the emission of minted coins. Blocks of the two different consensuses are different, but both users that mine on Proof-of-Work and users that stake on Proof-of-Stake receive block rewards. Using CoinPayments, merchants can accept Novacoin for just a 0.50% fee.

Novacoin (NVC) is the digital coin that can be minted and sent peer-to-peer across its hybrid blockchain.

Network Statistics

Proof PoW/PoS
Alogrithm Scrypt
Start Date 09/02/13

Core Statistics

Novacoin Pricing Data

Price $0.47104
24h Volume $1,121.50
Market Cap $1.07 M
Current Supply 2.26 M
Total Supply 2.26 M
ICO Date: 09/02/13