HBX project is created for people who are interested in cloud mining using HBX coin to purchase hashing power and other services with HashBX’s partners. HashBX will arrange to have more partners to join with HBX coin in the ecosystem by the concept of eat, shop and travel with MoveX. Whoever hold HBX coin will be able to gain the right of discount of purchase hashing power and products of HashBX’s partners like hotel, resort, restaurant and supermarket etc.
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.