Novacoin

Novacoin#766
Novacoin NVC 
$0.41702 USD 2.87%

  • 24h Volume: $726.21
  • Market Cap: $972,542
  • 1h %: 1.48%
  • 1d %: 2.87%
  • 7d %: 10.54%
  • 1m %:0.00%
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 $0.41702
24h Volume $726.21
24h Change 2.87%
Market Cap $972,542
Current Supply 2.33 M
Total Supply 2.33 M
ICO Date: 09/02/13