Novacoin

Novacoin is a stable cryptocurrency using PoW/PoS. It can be mined and staked. Novacoin is currently worth $ 0.03 per coin.

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 1 day ago
Block height 965976
Difficulty 1122.87655396
Current supply 5019856.043013

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.

Novacoin price history