Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
Novacoin
NVC
Novacoin is a decentralized digital network based on an open source peer-to-peer Internet protocol
Novacoin (NVC) is a decentralized, open source cryptocurrency resulting from the Peercoin fork. Just like Peercoin, this is a hybrid Proof-of-Work / Proof-of-Stake coin, using scrypt as the preferred hashing algorithm.
- USD: $0.12
1h: ▼78.62% 24h: ▼87.92% 7d: ▼7.58%
- BTC: 0.0000036 BTC
All Time High: $26.13 11 years ago
Current price is -100 % from ATH
Current price is -100 % from ATH
- Cap: -
- Vol 24h: $4.88
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About Novacoin
Novacoin cryptocurrency is a fork of the Bitcoin system and is based on a hybrid transaction confirmation structure. This significantly increases its resistance to most possible attacks and , in addition, it allows to avoid various power surges or overloads. The principle of operation is the same as that of other digital currencies and the work of the system rests solely on its users. In total, the network has more than 70 thousand blocks and contains at least 700 thousand coins. Novacoin guarantees the anonymity of the possession of funds and the confidentiality of any transaction with them. How was this effect achieved? This cryptocurrency is a peer-to-peer network and all users in it are absolutely equal to each other. The system does not have any single administrative center, which makes all attempts to manipulate and control it useless. Moreover, thanks to decentralization, anyone who is willing can take part in it. The Novacoin platform is not yet too busy, and therefore translations are provided much faster relatively to other systems.
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