Dynamic and history value of price NVC. Maximal value of price Novacoin was 10$ - 2020-12-24 18:00:09, Minimal price of NVC was 0.1917$ value and fixed at 2020-11-04 06:00:08. Today price of Novacoin is : 0$
Novacoin (nvc) was released in Russia on February 11, 2013. It is a decentralized peer-to-peer network currency with mixed scrypt proof-of-work + proof-of-stake algorithm. It is mined by cpu and gpu. 2.5 minutes, up to 100 coins per block. Provide 5% annual interest, totaling 2 billion. The output model of nvc is actually very simple. It uses two methods: proof of work and proof of equity. Proof of work: full name of proof of work. That is to say, how much currency you get depends on the effective work of your mining contribution, that is, the better your computer’s performance, the more mines will be distributed to you. This is how the currency is executed according to your proof of work. distribution. Most virtual currencies, such as Bitcoin, Litecoin, etc., are virtual currencies based on the pow model (the higher the computing power and the longer the mining time, the more currency you get). Proof of stake: Full name of proof of stake. In simple terms, it is a system that pays you interest based on the amount and time of the currency you hold. Under the equity certificate pos model, there is a term called currency age. Each coin generates 1 currency age per day. For example, you hold There are 100 coins, held for a total of 30 days, then your coin age is 3000 at this time, if you find a pos block, your coin age will be cleared to 0. Every time you clear 365 coins, you will get 0.05 coins interest from the block (it can be understood as 5% annual interest rate), so in this case, interest = 3000 * 5% / 365 = 0.41 coins, This time is very interesting, holding currency has interest!