Hashing algorithm Novacoin

Novacoin information

Novacoin is a hybrid scrypt Proof-of-Work + Proof-of-Stake based cryptocurrency operating with no central authority via peer-to-peer open source network. Novacoin has no hard cap except for the 2 billion coin max that has been entered for coding purposes; this can be lifted in the future if needed.

Specifications

Algorithm: Scrypt
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]

Social

Facebook

Block Explorer

Blockr.io

Bkchain

Bit Info Charts

Ports

RPC Port: 8344

Downloads

Desktop Wallets
Novacoin Wallet
Source Code

GitHub/Novacoin

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CryptoCoinsRevolution.com: Hashing algorithm Novacoin