Novacoin as cryptocurrency
Novacoin is a decentralized digital network based on an open-source peer-to-peer internet protocol.
Novacoin based on hybrid Proof-of-Work (PoW) / Proof-of-Stake (PoS) block generation methods with separated target limits.
Novacoin was introduced in early 2013 by development team leaded by developer named Balthazar.
Block Explorer / Crawler
- Scrypt Algo
- Initial reward of 100
- Slower reward drop
- NovaCoin cuts a half from reward for every 64x diff adjustment.
- POW difficulty adjusted for scrypt
- POS difficulty adjusted for 100 times less coins.
- ROI for POS changed to 0.05 coin per 1 coinyear [dynamic from 4.1]
- RPC Port: 8344
According to http://cryptocur.com/novacoin-mining-guide-gpu/