Novacoin (NVC) is a decentralised open-source cryptocurrency forked from Peercoin in February 2013. Like its parent, it uses a hybrid proof-of-work / proof-of-stake consensus protocol, with scrypt as its preferred hashing algorithm. Novacoin has no hard cap limit except for the 2 billion maximum that has been entered for coding purposes; this can be lifted in the future if needed. Original announcement (in Russian).
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