NVC

Novacoin price
NVC
#8239

$0.02182  

2.73% (1d)

Novacoin to USD Chart

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Novacoin statistics
Market cap
$104.28K

0.00%

Volume (24h)
$2.81

0.00%

FDV
$98.76K
Vol/Mkt Cap (24h)
0.002697%
Total supply
4.53M NVC
Max. supply
--
Self-reported circulating supply
4.78M NVC
NVC to USD converter
NVC
USD
Price performance
24h 
Low
$0.02161
High
$0.02252
All-time high
Nov 28, 2013 (11 years ago)
$31.23
-99.93%
All-time low
Jun 14, 2022 (2 years ago)
$0.006512
+235.03%
See historical data


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About Novacoin

What is Novacoin?

Novacoin is a digital currency that integrates both Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms for block generation, offering a dual-layer security and governance model. This hybrid approach not only facilitates energy-efficient mining but also incentivizes users to hold and stake their coins, contributing to the network's stability and security.

Launched on February 9th, 2013, Novacoin distinguishes itself with a distinctive emission model designed to ensure a gradual distribution of coins. This model, coupled with the combination of PoW and PoS, aims to mitigate the risk of centralization and promote a more equitable network participation. The emission model is carefully crafted to maintain scarcity, potentially influencing the coin's value over time by controlling the rate at which new coins are generated.

In addition to its innovative block generation methods, Novacoin supports private transactions, allowing users to conduct transfers with enhanced privacy. This feature addresses the growing demand for confidentiality in digital transactions, providing an added layer of security for users.

Novacoin is maintained by a dedicated development team, ensuring ongoing improvements and updates to the network. This active development is crucial for adapting to the evolving landscape of digital currencies and addressing potential security threats.

Users interested in obtaining Novacoin have the option to mine it, leveraging the PoW mechanism, or to purchase it on various exchanges. The ability to mine or buy Novacoin offers flexibility for users with different preferences and capabilities, making it accessible to a broad audience.

As with any digital currency investment, it's important to conduct thorough research and consider the inherent risks. The digital currency market is volatile, and careful consideration should be given before making any investment decisions.

How is Novacoin secured?

How will Novacoin be used?

What key events have there been for Novacoin?

 
 
 
 
 
 

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