NOVACOIN RESOURCE PAGE
Basic Information
Technical Resources
Technical Resources
Description: Novacoin (NVC) is a decentralized digital network based on an open-source, peer-to-peer internet protocol. Novacoin operates based on hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) block generation methods with separated target limits.
History: Novacoin was introduced in early 2012 by a high-powered team led by develop
Description: Novacoin (NVC) is a decentralized digital network based on an open-source, peer-to-peer internet protocol. Novacoin operates based on hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) block generation methods with separated target limits.
History: Novacoin was introduced in early 2012 by a high-powered team led by developer Balthazar.
Maximum coins: 2 billion
Algorithm: Scrypt
Technical Resources
Technical Resources
Technical Resources
Mining parameters: 10-minute stake spacing; 30-minutes PoW spacing, and a balanced PoW blocks and PoS weighting.
Despite sharing the same block time with Bitcoin, NVC rewards are much
Mining parameters: 10-minute stake spacing; 30-minutes PoW spacing, and a balanced PoW blocks and PoS weighting.
Despite sharing the same block time with Bitcoin, NVC rewards are much lower, initially at 9.38 coins per block. This is designed to ensure scarcity and enhance stock-to-flow value of the coin.
