It is the first cryptocurrency based on hybrid Proof-of-Work (Scrypt)/Proof-of-Stake block generation methods that enable instant, near-zero cost payments and contribute to the coin's energy efficiency.
NovaCoin is an open-source decentralized global payment network, it supports private transactions without the need to use master nodes or mixing services for the address starts from 5.
Despite a more frequent block generation than Bitcoin, NovaCoin uses a different emission model with lower rewards. This is designed to ensure scarcity and enhance the stock-to-flow value of the coin.
Transaction confirmation method: PoS + PoW
Transaction fee: 0.001
Number of transaction confirmation: 6
Number of block confirmation: 520
Max PoS reward: 10 coins
Min/max stake age: 30d/90d
Target spacing: 10 min PoS / 30 min PoW
PoW algo type: Scrypt
Max PoW reward: 100 coin
JSON-RPC Port: 8344
P2P Port: 7777
NVC BEP-20 Contract Address:0xbf84720097de111a80f46f9d077643967042841a
NVC BEP-20 Gnosis Safe MultiSig Address:0xB1C2F7Abb355151BAdF47655390dD259Ddf1bf3d
NVC UTXO Proof-of-Funds Address:4SWAPxopn67fmorSVcJEjhxUJ7yNgAD3Sz
Getting started is really easy, you'll just have to download one of the wallets and transfer your coins to the wallet. For tech details about NovaCoin, check our Wiki.NovaCoin Wiki
Well that's no problem. If you have a mining rig you can mine some coins or just go to the exchange and buy your first NovaCoin.Buy NovaCoin