Dimecoin is a digital payment solution built on speed and security which makes it ideal for micro-transactions. It can be utilized online or in-store through our open source network which is supported by users worldwide. Using the PoW (Proof-of-Work) protocol and the Quark algorithm, means Dimecoin is minable with ASIC.
Novacoin is a hybrid Proof of work (POW) / Proof of stake (POS) decentralized peer-to-peer cryptocurrency.The Proof of Work part of Novacoin is based on the Scrypt hashing algorithm. Proof of Stake contributes to the coins energy efficiency, as there is no need for nodes to contribute mining power to part of the money creation process. As of now, Novacoin is set to be capped at 2 billion coins. However Novacoin stated that the cap limit may be lifted if the situation requires it. It looks very much like a variation of Sunny King Peercoin.