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.
BHP(Blockchain of Hash Power)is a public chain which is the world's first decentralized digital asset interaction network based on bitcoin hash power credit. By using Bitcoin hash power as a broad agree digital asset value exchange intermediary, smart contracts are used in BHP network to realize the trusted and free interaction and circulation of digital assets and real world’s assets.