Based on the different governance concepts, the EOSC community has optimized the election mechanism of EOSIO, launched the EOSC mainnet at the genesis block height of one. Through persistently upgrading EOSC mainnet, which makes EOSC Network evolve toward the decentralized high-performance smart contract platform, establishing the basis for the mass implementation of crypto economy.
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.